Gold poised for best week in five months as Powell hints at rate cuts
GOLD prices on Friday were on track for their biggest weekly jump in five months, hovering near a record peak, ...
Tag: Rate
Europe: Stoxx 600 jumps 1% after ECB rate decision; Novo Nordisk hits record high
EUROPE’S main index leapt on Thursday, after the European Central Bank kept rates steady on signs of cooling inflation and as Novo ...
US: Stocks hit fresh records as Powell signals rate cuts ahead
STOCKS on Wall Street closed higher, with both the S&P 500 and the Nasdaq finishing at new records amid a midweek ...
Oil prices up 1% on small build in US crude stocks, Fed rate cut remarks
OIL prices edged up about 1 per cent on Wednesday on a smaller-than-expected build in US crude inventories, a big withdrawal ...
Europe: Tech, financials steer Stoxx 600 to record high; rate verdict awaited
EUROPE’S main equity index hit an all-time high on Wednesday, boosted by tech and financial shares, while investors took stock ...
Over 75% of S-Reits log DPU declines in H2; expected interest rate cuts may offer reprieve
HIGHER interest costs continued to weigh on distributions for locally listed real estate investment trusts (S-Reits) in the second half ...
Gold extends surge as Powell says rate cut likely this year
GOLD extended gains after hitting a record in the previous session as Federal Reserve Chair Jerome Powell reiterated the US ...
US dollar slips as Fed’s Powell says he still expects rate cuts this year
THE US dollar slipped to a one-month low against the euro on Wednesday (Mar 6) after Federal Reserve chair Jerome ...
Gold hits record peak on US rate cut hopes
THE price of gold on Tuesday (Mar 5) struck an all-time pinnacle, boosted by its haven status ahead of expected ...
Gold near two-month high as hopes for mid-year US rate cut rise
GOLD prices hovered near a two-month high on Monday (Mar 4), after softer United States economic data last week raised ...
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