Asian markets stumble as traders struggle to hold Fed cut rally
Bets on a US reduction on Wednesday have surged to around 90% in the past two weeks Asian markets struggled to maintain their early momentum on Thursday (Dec 4), even after the latest…
Tag
Fed
Indexes close higher as data keeps Fed rate cut expectations elevated
US stocks advanced to close higher on Wednesday (Dec 3), as a flurry of economic data kept expectations elevated for an interest rate cut by the Federal Reserve next week, while a fall in…
Stock market hovers near all-time high on Fed rate cut expectations and retail rally
The U.S. stock market is drifting near its record levels on Wednesday following mixed reactions to profit reports from Macy’s, Marvell Technology, and other companies. The S&P 500 rose…
Bessent says White House may ‘veto’ Fed presidents under a new residency rule
Treasury Secretary Scott Bessent said Wednesday he would push a new requirement that the Federal Reserve‘s regional bank presidents live in their districts for at least three years before…
Fed data suggests central bank has stopped losing money
The Fed’s deferred asset reflects losses that must be covered before it can resume payments to Treasury The Federal Reserve appears to have finally turned the corner on a three-year-long…
Equities climb on Fed rate cut optimism, Boeing surges
US stocks closed higher to record their sixth gain in seven sessions in muted trading on Tuesday (Dec 2), buoyed by gains in technology shares as expectations the US Federal Reserve will…
Singapore shares rise marginally as investors turn cautious ahead of Fed decision
Decliners beat gainers 279 to 271 across the broader market, as 1.3 billion securities worth S$1.4 billion are transacted Singapore stocks finished slightly higher on Monday (Dec 1), as…
Asian markets mixed as traders eye US data ahead of Fed decision
Among the reports due for release are private jobs creation, services activity and personal consumption expenditure Asian equities were mixed on Monday (Dec 1) with investors awaiting the…
Fed contender Hasset says market is ready for Trump chair pick
White House National Economic Council Director Kevin Hassett touted a positive market response to indications that US President Donald Trump could pick the next Federal Reserve chair…
European shares clock monthly gains on Fed rate cut hopes
Next week, investors expect some focus on Russia-Ukraine peace talks. European shares ended higher on Friday (Nov 28), capping a strong weekly advance and closing the month on a robust…
Gold hits two-week peak on increased Fed rate-cut bets
GOLD prices rose to a two-week high in early Asian trade on Friday, as bets increased for a US interest rate cut next month amid conflicting signals from Federal Reserve officials. Spot…
Gold steadies at near two-week high as investors weigh Fed rate-cut bets
US rate futures are pricing in an 85% chance of a rate cut in December, according to the CME’s FedWatch tool Gold prices remained steady on Thursday (Nov 27) after hitting a more than…
JPMorgan flips forecast, sees Fed cutting rates in December
The Federal Open Market Committee, led by Chair Jerome Powell, meets in Washington on Dec 9 and Dec 10 Economists at JPMorgan Chase see the US Federal Reserve cutting interest rates next…
US: Wall Street extends rally on growing bets for December Fed rate cut
Wall Street gained ground on Wednesday as revived tech strength and the growing probability of a December interest rate cut from the US Federal Reserve put investors in a buying mood the…
Europe’s Stoxx 600 climbs on Fed cut hopes; banks rally post-UK budget announcement
EUROPE’S main equity indexes closed higher on Wednesday, led by technology stocks as growing expectations of a US rate cut boosted global risk appetite, while financials also found support…
Wall Street opens higher as December Fed rate-cut bets grow
Wall Street’s main stock indexes opened higher on Wednesday (Nov 26), as investors parsed through a fresh batch of economic data and cemented expectations the Federal Reserve could cut…
US: Wall Street opens higher as December Fed rate-cut bets grow
Wall Street’s main stock indexes opened higher on Wednesday (Nov 26), as investors parsed through a fresh batch of economic data and cemented expectations the Federal Reserve could cut…
Oil prices settle up 1% on bets Fed will cut US rates and doubts about Ukraine peace
Global brokerages remain split on whether the Fed will cut interest rates at its December meeting after last week’s mixed signals on job growth and unemployment Oil prices climbed about 1…
US: Wall Street opens higher on Fed interest rate-cut expectations
Wall Street’s main indexes opened higher on Monday (Nov 24), buoyed by expectations of an imminent Federal Reserve interest rate cut in December, while investors were also combing for…
Markets worldwide are mixed as traders place hopes on a rate cut by the Fed
World shares and U.S. futures were mixed on Monday after Wall Street was buoyed by revived hopes for an interest rate cut by the Federal Reserve. The future for the S&P 500 was up 0.2%…
US stocks jump on Fed rate cut bets but lose ground on the week
Wall Street stocks closed sharply higher on Friday (Nov 21) as rising expectations of a December interest rate cut by the Federal Reserve offset concerns over lofty tech valuations. A…
US Fed fractures deepen as Barr signals inflation concern
Investors now see about a 40% probability of a rate cut at the December meeting, according to pricing in futures contracts Add one more to the number of US Federal Reserve officials…
Asia: Stocks rally as bumber Nvidia report offsets Fed rate concern
ASIAN markets rallied on Thursday after blowout earnings from chip powerhouse Nvidia cooled worries over an AI bubble and overshadowed a Federal Reserve report that dealt a blow to hopes…
Gold gains with traders awaiting US data for fresh Fed cues
Traders now see nearly a 33% chance for a rate cut at the Fed’s Dec 9 to 10 meeting Gold prices edged higher on Thursday (Nov 20), as investors looked forward to the release of the delayed…