Gold poised for seventh weekly rise on Fed rate-cut hopes
Gold held steady on Friday (Oct 3) and was set for a seventh straight weekly gain, buoyed by expectations of further US interest rate cuts this year and worries over the impact of a US…
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Gold held steady on Friday (Oct 3) and was set for a seventh straight weekly gain, buoyed by expectations of further US interest rate cuts this year and worries over the impact of a US…
Bank loans as a proportion of deposits have risen since June, but they still remain near the lowest level since 2009 The cost of overnight borrowing in Hong Kong could fall to about 3 per…
Investors are also watching any developments related to the US government shutdown European shares closed at a record high for a second session on Thursday (Oct 2), driven by a rally in…
The metal has hit multiple record highs this year, with the latest one being US$3,871.45, hit on Sep 30 Gold prices edged higher on Wednesday (Oct 1), hovering near record levels as the US…
Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter. Federal Reserve Governor Michelle Bowman issued a housing market warning…
Past history suggests Trump will get some slack, interest rates will go down, Powell will move on, and, unfortunately, inflation will rise again sooner or later. Source link
LORIE Logan, president of the Federal Reserve Bank of Dallas, has proposed replacing the central bank’s benchmark federal funds rate - the primary tool the central bank has used to steer…
Alan Greenspan, Ben Bernanke, Janet Yellen and other former top economic officials appointed by presidents of both parties urged the Supreme Court on Thursday to preserve the Federal…
Loan growth and risk levels will impact capital availability for dividends in Asean Even as the US Federal Reserve and central banks across Asia begin to cut policy rates, analysts from…
In the wider market, gainers edge out losers 285 to 270, after 1.6 billion shares worth S$1.4 billion change hands The Straits Times Index (STI) fell 0.3 per cent or 12.27 points to close…
Federal Reserve Chair Jerome Powell on Tuesday signaled a cautious approach to future interest rate cuts, in sharp contrast with other Fed officials who have called for a more urgent…
The economy’s slower nominal growth also implies that the earnings of companies and individuals are increasing at a weaker rate with deflation becoming widespread People’s Bank of China…
President Donald Trump’s appointee to the Federal Reserve’s Board of Governors said Monday that the central bank’s key interest rate should be much lower than its current 4.1% level,…
We don’t want a Democratic Fed or a Republican Fed. We want an American Fed. Source link
Gold held firm near a record high on Monday (Sep 22) as investors awaited US inflation data and a slew of Federal Reserve speakers this week for additional policy cues after the central…
THE S&P 500 has staged a strong rebound from early-2025 tariff-related swings and is firmly trading in a bullish channel. After plunging on US President Donald Trump’s April tariffs, the…
Oil prices dropped on Friday (Sep 19) as worries about large supplies and declining demand outweighed expectations that the year’s first interest-rate cut by the US Federal Reserve would…
Gold prices were little changed on Friday (Sep 19) as investors awaited further signals on the US interest rate path after the US Federal Reserve delivered an expected rate cut and…
Oil prices eased on Thursday, settling lower as traders remained worried about the US economic outlook a day after the US Federal Reserve cut interest rates for the first time this year.…
EUROPEAN shares ended on Thursday on a strong note in a chipmaker-driven rally, further powered by the resumption of the US Federal Reserve’s policy-easing cycle, while SIG slumped after a…
US EQUITY indices finished at fresh records on Thursday following the Federal Reserve’s first interest rate cut of 2025 while Intel surged on Nvidia’s announcement it would take a stake in…
Wall Street’s main indexes opened higher on Thursday (Sep 18), a day after the US central bank delivered a quarter-point interest rate cut, while chipmaker Intel climbed after Nvidia…
Japan’s Nikkei share closed above 45,000 for the first time on Thursday (Sep 18), underpinned by technology shares, as optimism swept into the market following the US Federal Reserve’s…
Hong Kong’s central bank on Thursday (Sep 18) lowered its base interest rate by 25 basis points to 4.5 per cent, tracking a cut by the US Federal Reserve. It was the first easing by the…