US stocks close higher after Fed cuts interest rates
WALL Street ended higher on Wednesday, after the Federal Reserve cut interest rates by a quarter percentage point and signalled that it will likely put further rate cuts on pause for now…
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Fed
Wall Street subdued at open ahead of Fed interest rate verdict
Wall Street’s main stock indexes opened little changed on Wednesday (Dec 10), ahead of a Federal Reserve monetary policy decision that is widely expected to deliver an interest rate cut,…
Singapore stocks inch down ahead of Fed policy decision
Singapore stocks ended lower on Wednesday (Dec 10), ahead of a policy decision by the US Federal Reserve. The benchmark Straits Times Index (STI) was flat, shedding 1.34 points to close at…
Singapore stocks close flat ahead of Fed interest rate decision
Singapore stocks ended lower on Wednesday (Dec 10), ahead of a policy decision by the US Federal Reserve. The benchmark Straits Times Index (STI) was flat, shedding 1.34 points to close at…
Asian stocks in retreat as traders eye Fed decision, tech earnings
ASIAN markets retreated on Wednesday following a tepid day on Wall Street as investors bided their time ahead of a highly anticipated Federal Reserve policy announcement later in the day.…
Gold edges lower as dollar climbs to near one-week high ahead of Fed verdict
Gold inched lower on Wednesday (Dec 10), as the dollar rose after a US jobs report indicated a stronger-than-expected labour market, pressuring prices, ahead of a widely anticipated rate…
Trump says he has ‘good idea’ of who he wants for Fed chair
PRESIDENT Donald Trump said he will be looking at a couple of candidates to chair the Federal Reserve, after the Financial Times reported that he would begin interviews with contenders…
US stocks close mixed as investors await Fed rate decision
THE S&P 500 ended Tuesday’s session slightly lower as investors anticipated that the Federal Reserve would take a hawkish tone even if it cuts interest rates this week, while JP Morgan…
Wall Street subdued at open as Fed rate cut decision nears
Wall Street’s main stock indexes were subdued at the open on Tuesday (Dec 9) as investors awaited the Federal Reserve’s policy decision, while Nvidia shares were whipsawed by contrasting…
Most markets track Wall St losses amid jitters about Fed rate trajectory
Bets on a third successive cut have surged on the back of data pointing to a weakening jobs market Most stocks fell in Asia on Tuesday (Dec 9) as investors grow nervous about the US…
Gold rises but investors stay cautious about ‘hawkish’ Fed tone
Gold edged higher on Tuesday (Dec 9), even as investors pulled back slightly on US rate cut bets, reflecting caution that the US Federal Reserve could strike a more hawkish tone on next…
US stocks end lower as investors wait for Fed rate decision
Technology companies have been looking to override disparate laws passed by US states Wall Street’s main indexes closed lower on Monday (Dec 8), with most S&P 500 industry sectors in the…
European shares subdued at close amid caution ahead of week’s Fed rate decision
Global markets have gained in the last few weeks on rising expectations of a Fed cut in December European shares ended subdued on Monday (Dec 8), with higher bond yields weighing slightly…
US stocks open higher as investors await Fed rate cut decision
Wall Street’s main indexes opened modestly higher on Monday (Dec 8) as investors priced in expectations that the Federal Reserve will deliver a long-awaited rate cut later this week in a…
Gold gains as Fed rate-cut optimism dents dollar
Dovish commentary from several Fed officials has further fuelled expectations of monetary easing Gold prices edged higher on Monday (Dec 8), as rising expectations of a US Federal Reserve…
Fed likely to trim rates again this week, but it could be a ‘hawkish’ cut
Futures markets are pricing in a near certainty that it will cut rates by another quarter of a percentage point, bringing them down to a range of between 3.5% and 3.75% THE US Federal…
US: Wall St closes with slight gains as data keeps Fed cut expectations on track
US stocks closed out the trading week with slight gains on Friday (Dec 5) as the latest flurry of economic data kept elevated expectations for a Federal Reserve interest rate cut next week…
Oil climbs to 2-week high on Fed rate-cut signals, supply concerns
Oil prices edged up nearly 1 per cent to a two-week high on Friday (Dec 5) on increasing expectations the US Federal Reserve will cut interest rates next week, which could boost economic…
Europe: Shares clock weekly gains on ongoing Fed cut optimism
European shares were little changed on Friday (Dec 5) and ended the week with modest gains, while investors evaluated a long-delayed US inflation report that reinforced expectations for a…
Fed confronts 'hardest' decision on interest rates in final meeting of the year
The Federal Reserve faces a tough decision when it convenes Tuesday for a two-day meeting to determine whether to cut interest rates for a third consecutive time or hold off due to…
Asian markets mixed ahead of US data, expected Fed rate cut
Focus is now on the release later Friday of the personal consumption expenditures index Asian markets struggled into the weekend on Friday (Dec 5) following a bland lead from Wall Street…
Oil settles up on expectations of Fed rate cut, Ukraine peace talks stalling
US crude futures briefly rose more than US$1 a barrel earlier in the session as global shares rose Oil prices settled up on Thursday (Dec 4) on investors’ expectations for the Federal…
Indexes end near flat, supported by Fed hopes but dragged by Amazon
Markets are pricing in an 87% chance the central bank will cut rates by 25 basis points this month US stocks closed near the unchanged mark on Thursday (Dec 4), as investors weighed a…
Wall Street opens higher as investors mull Fed rate cuts
Wall Street’s main indexes opened slightly higher on Thursday (Dec 4) as investors parsed a fresh batch of labour market data to gauge the odds of a much-anticipated Federal Reserve…