Gold reclaims US$5,000 as cooling inflation lifts Fed easing bets
Gold advanced as traders raised bets on US Federal Reserve rate cuts after a tame inflation reading, with some investors taking advantage…
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Gold advanced as traders raised bets on US Federal Reserve rate cuts after a tame inflation reading, with some investors taking advantage…
The S&P 500 closed barely higher on Friday (Feb 13), with technology and communications services down on nagging fears of artificial…
Wall Street’s main indexes were muted on Friday (Feb 14), with communication services weighing as markets assessed softer-than-expected…
Bank of England chief economist Huw Pill said on Friday (Feb 6) that there was a risk that the central bank draws too much comfort from an…
Wall Street’s main indexes closed lower on Friday (Jan 30) as investors viewed US President Donald Trump’s nomination of former Federal…
The Bank of Japan kept interest rates steady on Friday and raised its economic and inflation forecasts, signalling its readiness to…
LGT Private Banking’s Stefan Hofer cautions that market volatility will be ‘much higher’ this year A resurgence in US inflation – rather…
The Bank of Japan is expected to raise its growth forecast on Friday (Jan 20) and signal its readiness to hike interest rates further, as…
Carolina Castiglioni is offering her own take on inflation, one that the loyal — and increasing — crop of fans of her Plan C brand will be…
The central bank is widely expected to leave its benchmark unchanged at its Jan 27 to 28 meeting Several US Federal Reserve officials…
GOLD rose on Wednesday, holding near record highs set in the previous session, while silver set another all-time high, nearing the US$90…
The S&P 500 and the Dow opened near record highs on Tuesday (Jan 13) after a largely in-line inflation report sustained expectations of…
The Philippines’ central bank will keep weighing a feeble growth outlook against gradually rising inflation to set monetary policy in a…
A top Australian central banker said on Thursday (Jan 8) that a slowdown in consumer price inflation for November was “helpful”, but…
If footwear firms thought 2025 would be challenging under a new presidential administration, they weren’t wrong. The year was fraught with…
Local shares closed higher on Tuesday (Dec 23), after the authorities maintained their full-year forecasts for Singapore’s core and…
Core inflation rose to 3.3 per cent in October, taking it further above the RBA’s target band of 2 per cent to 3 per cent Australia’s…
UNIQLO owner Fast Retailing will raise base salaries for new graduates in Japan by as much as 12 per cent, stepping up efforts to secure…
ASIAN markets rose on Friday as a below-forecast read on US inflation boosted hopes for another interest rate cut next month, while…
FEDERAL Reserve Bank of Chicago President Austan Goolsbee said on Thursday fresh inflation data is “good” and if it can be sustained it…
EUROPEAN shares made broad-based gains on Thursday, with lower-than-expected US inflation strengthening hopes for Federal Reserve interest…
WALL Street’s main indexes closed higher on Thursday as a soft inflation report fed expectations for interest rate cuts by the Federal…
Consumer prices rose at a lower-than-expected rate last month, handing President Trump an early Christmas gift and a much-needed political…
At a time when Americans are frustrated and angry over the high cost of living, the government released a report Thursday showing that…