Gold holds firm near record high on US rate-cut expectations
Gold held steady on Thursday (Sep 4), hovering near all-time high hit in the previous session, buoyed by global uncertainties and increased expectations for a US interest rate cut, while…
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Federal Reserve officials, worried about jobs, muse on rate-cut prospects
SEVERAL Federal Reserve officials who spoke on Wednesday said labour market worries continue to animate their belief that rate cuts still lie ahead for the central bank. “I’ve been clear…
Gold extends record run as US rate-cut bets lift appeal
Gold prices extended their record run on Wednesday (Sep 3), holding firm above the key US$3,500 level, driven by growing investor confidence that the US Federal Reserve will cut interest…
Gold hovers near record high on US rate-cut hopes, soft dollar
Gold prices climbed to a more than four-month high on Tuesday (Sep 2), inching closer to the all-time high touched in April, supported by a weaker US dollar and growing expectations for a…
Gold hits record high as US rate-cut hopes, softer dollar boost appeal
Gold prices climbed to an all-time high on Tuesday (Sep 2), extending gains to a sixth session on the back of a weaker US dollar and rising bets of a US interest rate cut this month. Spot…
Gold climbs to more than four-month high on US rate-cut bets
Gold prices rose to a more than four-month high on Monday (Sep 1), as increased expectations of a US Federal Reserve interest rate cut this month lifted bullion’s allure. Spot gold was up…
Gold poised for monthly gain on soft dollar, US rate-cut hopes
GOLD prices were on track for a monthly rise on Friday after striking a more than one-month peak in the previous session, supported by an overall softer dollar and increased expectations…
US: Dow hits record high at open on rate-cut optimism, UnitedHealth boost
The blue-chip Dow opened at a record high on Friday (Aug 15), as UnitedHealth’s shares jumped after Berkshire Hathaway raised its stake in the health insurer, while expectations…
Gold extends rise as Fed rate-cut bets pressure dollar
Gold rose for a third straight session on Thursday (Aug 14), helped by a weaker US dollar and lower Treasury yields as traders raised bets for a US interest rate cut in September. Spot…
Gold firms as soft US data pressures dollar, fuels rate-cut bets
Gold prices inched higher on Wednesday (Aug 13), supported by a weaker US dollar after tame US inflation data cemented bets for an interest rate cut in September, although a trade war…
India’s cooling inflation prompts rate-cut calls
A slump in India’s retail inflation to six-year lows and a likely drop to a record low in July is prompting calls for at least one more interest rate cut this year, with many analysts…
Thailand to pick rate-cut advocate Vitai Ratanakorn as central bank chief
Thailand is poised to name veteran banker Vitai Ratanakorn as the next governor of the central bank, sources familiar said, selecting an advocate of aggressive interest rate cuts to help…
Gold rises on weaker US dollar as markets await Fed rate-cut clues
Gold prices rose on Tuesday (Jul 1), supported by a weaker US dollar, as investors awaited labour market data due later this week to assess the Federal Reserve’s potential rate-cut…
Singapore shares rise on US rate-cut hopes, softer T-bill yields; STI up 0.4%
UOB economist, reacting to the sluggish retail sales print, expects retail sales to stay tepid this year Local shares rose on Thursday (Jun 5) as softer US hiring data boosted rate-cut…
Asia: Most markets rise as US data feeds rate-cut hopes
Asian shares mostly rose on Thursday after soft US economic data boosted expectations the Federal Reserve will soon cut interest rates and put the focus on key jobs figures coming at the…
Investors still harbour hope of Fed’s Powell giving a rate-cut the thumbs up
THE S&P 500 plunged into a bear market in April, then staged an epic recovery, and now the US Federal Reserve will reveal which was the correct response. The central bank is likely to…
Thai bonds see rush of inflows on rate-cut bets, gold prices
Thailand’s bond market is on course for its best monthly inflows in more than three years, helped by interest-rate-cut bets and a stronger baht due to surging gold prices. Global funds…
Gold rises for fifth day as US data lifts Fed rate-cut bets
GOLD nudged higher for a fifth straight session on Thursday (Dec 12) to hover near a more than two-week peak, supported by increased expectations of an interest rate cut from the Federal…
Singapore stocks rise amid Fed rate-cut hopes; STI up 0.4%
SINGAPORE shares reversed earlier losses to close in the green on Thursday (Dec 12), with Asia-Pacific markets mostly in positive territory as mild inflation data from the United States…
Bank Indonesia signals rate-cut caution as Trump nears victory
BANK Indonesia’s monetary policy will focus on maintaining stability in the short-term as a likely victory for Donald Trump in the US presidential election is set to heap more pressure on…
Gold drifts higher after data supports US rate-cut bets
GOLD prices edged higher on Friday (Oct 11) after recent data supported bets for a US Federal Reserve interest rate cut next month, while market participants focussed on the US Producer…