Hopes
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Asia: Market tracks Wall Street losses as US data deals blow to rate cut hopes.
ASIAN markets reversed on Thursday (Apr 11) after forecast-topping United States inflation dealt a hefty blow to hopes for a June interest rate cut and forced traders to re-evaluate the…
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Asia Tracks Wall St Losses As US Data Deals Blow To Rate Cut Hopes
Asian markets reversed Thursday after forecast-topping US inflation dealt a hefty blow to hopes for a June interest rate cut and forced traders to re-evaluate the outlook for monetary policy,…
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US Consumer Inflation Accelerates In March, Dampening Rate Cut Hopes
US consumer inflation continued to accelerate last month, according to US government data published Wednesday, reducing the chances of an early interest rate cut from the Federal Reserve. The US…
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US: Wall St opens higher as recent data fuels hopes of rate cuts
WALl Street’s main stock indexes opened higher on Thursday (Apr 4) as recent economic reports boosted the prospect of monetary policy easing later this year, while investors awaited policymakers to…
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Asia: Markets lifted by US data and fresh rate cut hopes
ASIAN markets rose on Thursday (Apr 4) after US data provided a fresh indicator that inflation was easing and Federal Reserve boss Jerome Powell soothed worries about the bank’s plans…
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Asian Markets Hit By Dimming US Rate Hopes, Taiwan Quake
Asian markets tumbled Wednesday as investors grow increasingly sceptical that the Federal Reserve will cut interest rates as much as hoped this year, while a massive earthquake in Taiwan added…
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Apac data centre lobby group hopes to help industry mature in the region
AS THE first such association of its kind, the Asia-Pacific Data Centre Association (APDCA) aims to educate governments and policymakers about the importance of data centres as infrastructure that delivers…
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Gold firms on hopes for Fed rate cut in June, softer US dollar
GOLD prices edged higher on Monday (Mar 25) as renewed bets that the US Federal Reserve would begin cutting interest rates in June and a softer US dollar lifted bullion’s…
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Oil settles lower on weaker US petrol demand, Gaza ceasefire hopes
OIL prices settled slightly lower on Thursday, pressured by weaker US petrol demand data and reports of a United Nations draft resolution calling for a ceasefire in Gaza. Brent crude futures…
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Europe: Shares hit new peaks as rate-cut hopes gain steam
EUROPEAN shares joined a global rally to hit fresh record-high levels on Thursday, with technology stocks and miners in the lead, as dovish signals from a slew of major central banks…
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Steady Fed outlook boosts stock market’s hopes for coveted ‘soft landing’
A US stock market perched at record highs received an encouraging message from the Federal Reserve, after the central bank stuck with its rate cut projections for 2024 despite stronger-than-expected…
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Gaza Hunger Warnings Grow As Hopes Build For Ceasefire
Efforts to hammer out a temporary truce in Gaza intensified Tuesday after months of war that have left parts of the devastated territory facing imminent famine. A UN-backed assessment described…
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Gold on track for weekly drop as traders temper US rate-cut hopes
GOLD prices were headed on Friday (Mar 15) for their first weekly fall in four as surprisingly hot United States inflation readings suggested that the Federal Reserve could reduce the…