Oct 7 2024, 09:13 The Hang Seng Index is higher on Monday with recent trading volumes posting exceptional numbers, even during China’s public holidays. This is a tailwind that investors can’t ignore. Moreover, China National Development and Reform Commission will be holding a press conference on Tuesday to discuss a package of incremental economic policies which is expected…
Oil prices slipped on Tuesday on worries about a slowing Chinese economy crimping demand, though a growing consensus that the U.S. Federal Reserve will begin cutting its key interest rate as soon as September limited declines. Brent futures fell 57 cents, or 0.67%, to $84.28 a barrel by 0630 GMT, while U.S. West Texas Intermediate…
Oil prices slipped as market participants focused on easing tensions in the Middle East and rising US inventories. Brent fell below $66 per barrel, while WTI approached $62, after rising more than 1% the day before. At 8:17 a.m. Singapore time, Brent for December delivery fell 0.9% to $65.64, and WTI for November delivery fell…
Nov 22 2024, 02:14 Presiden Federal Reserve Chicago Austan Goolsbee pada hari Kamis menegaskan kembali dukungannya untuk pemotongan suku bunga lebih lanjut dan keterbukaannya untuk melakukannya dengan lebih lambat, pernyataan yang menggarisbawahi perdebatan bank sentral AS bahwa ini bukan tentang apakah, tetapi seberapa cepat dan seberapa jauh, biaya pinjaman harus diturunkan. Beberapa pembuat kebijakan The…
Gold steadied just below a record as the Federal Reserve signaled a shift toward an interest-rate cut in September, and elevated tensions in the Middle East supported haven demand. Bullion which rose more than 5% in July was little changed above $2,445 an ounce after surging on Wednesday. While the Fed left rates unchanged at a…
May 20 2025, 15:21 The dollar index fell to 100.1 on Tuesday, marking a near two-week low and extending a 0.7% decline from the previous session, as renewed concerns over the US economic and fiscal outlook weighed on sentiment. Traders also remained focused on potential developments in global trade negotiations. Over the weekend, Treasury Secretary…
