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January 9, 2024
The USD/SGD is trading near 1.32925, with recent price action showing consolidation within a range. Cautiousness is advised with upside momentum ahead.
January 8, 2024
The US Federal Reserve will lead the pivot for richer countries after its policy makers signaled 75 basis points of cuts for the year, marking an abrupt shift from previous warnings that rates could still go higher through much of 2024.
January 8, 2024
Australian Dollar trades broadly lower in today's Asian session, influenced by notable decline in Hong Kong and Chinese stock markets as driven by selloff in technology stocks in these regions. Additionally, there is growing investor caution ahead of impending economic data from China, which is anticipated to highlight deepened deflation and challenges in the export sector. This cautious sentiment has led to Australian Dollar being the weakest performers so far, with Swiss Franc, British Po...
January 7, 2024
This week, domestic investors will be eyeing key events such as the start of Q3FY24 earning season, IIP, and CPI data, along with core inflation, and initial jobless claims in the US that will keep the markets buzzing.
January 7, 2024
(Bloomberg) -- The Australian dollar’s late 2023 rally faces a new hurdle this week with inflation data expected to strengthen the case for earlier interest-rate cuts by the Reserve Bank.Most Read from BloombergMusk’s Drug Use Concerns Tesla, SpaceX Leaders, WSJ SaysBoeing Max Grounding Goes Global as Carriers Follow FAA OrderBoeing 737 Max Blowout Points to Pervasive FlawsAckman Plans to Check MIT’s Kornbluth, Staff for PlagiarismThe Aussie jumped nearly 10% against the gre...
January 5, 2024
Should the abu dhabi royal family be allowed to buy britains daily telegraph newspaper? the man leading the bid says its editorial independence would be safe. the fact is, democracy needs journalism and today, journalism and today, journalism needs investment and thats what we are here to provide. also coming up — is an end in sight to europes cost of living crisis? well take the temperature as the eurozone awaits its latest inflation data. plus, sandwiched in the middle. the boss of mcdonalds...
January 5, 2024
Treasury secretary, and you have sat in jerome powells office to make the decisions that he about to make, and the jobs report out today, and how do you think that is going to impact his decision of when to cut the interest rates? >> so, i wont comment on what the fed should do or is likely to do. i think that the path of the labor market and the economy and the labor market have made a set of good decisions, and we will get more inflation data if it is staying down is good for the fed, and some...
January 3, 2024
Türkiye's annual inflation accelerated to 64.77% in December, in line with the central bank's year-end expectation range, official data by the...
January 2, 2024
Central Ohio business leaders see inflation getting worse in 2024 even as data shows price increases slowing, according to CEO survey.
January 1, 2024
(Bloomberg) -- Australia’s equity benchmark surged alongside bonds, closing at an all-time high after inflation data bolstered bets for monetary policy easing.Most Read from BloombergMusk’s $55 Billion Pay Package Voided, Threatening World’s Biggest FortuneMusk Says First Neuralink Patient Received Implant in BrainMicrosoft Sales Top Estimates; Cloud Growth Disappoints SomeTech Giants Slide in Late Trading After Earnings: Markets WrapByron Allen Makes $14 Billion Offer for A...