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Singapore Shares May Find Support On Thursday

The Singapore stock market has moved lower in four straight sessions, slipping almost 25 points or 0.7 percent along the way. The Straits Times Index now sits just beneath the 3,310-point plateau although it may stop the bleeding on Thursday.
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Malaysia Shares May Stop The Bleeding On Thursday

Malaysia Shares May Stop The Bleeding On Thursday

The Malaysia stock market has ticked lower in three straight sessions, slipping almost 10 points or 0.6 percent along the way. The Kuala Lumpur Composite Index now sits just beneath the 1,610-point plateau although it's likely to find support on Thursday.
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Win Streak May Continue For South Korea Shares

Win Streak May Continue For South Korea Shares

The South Korea stock market has moved higher in consecutive trading days, collecting more than 25 points or 0.9 percent along the way. The KOSPI now rests just beneath the 2,730-points plateau and it may see mild upside again on Thursday.
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TSX Ends Modestly Higher

TSX Ends Modestly Higher

The Canadian market closed on a positive note on Wednesday after staying firm right through the day's session, as soft U.S. inflation data helped ease concerns about the outlook for interest rates.
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U.S. Dollar Rebounds As Fed Signals Only One Rate Cut This Year

U.S. Dollar Rebounds As Fed Signals Only One Rate Cut This Year

The U.S. dollar recovered against its major counterparts in the New York session on Wednesday, as the Federal Reserve kept its benchmark rate unchanged as widely expected and projected just one rate cut this year.
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What Makes This Economist Think Two Fed Rate Cuts Are Possible This Year?

What Makes This Economist Think Two Fed Rate Cuts Are Possible This Year?

The U.S. Federal Reserve left the federal funds rate target unchanged on Wednesday and forecast just one interest rate cut for this year, but Capital Economics thinks two rate cuts are possible. "Overall, there's nothing here that rules out a September rate cut," Capital Economics economist Paul Ashworth said.
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Fed Leaves Interest Rates Unchanged, Forecasts Just One Rate Cut This Year

Fed Leaves Interest Rates Unchanged, Forecasts Just One Rate Cut This Year

While announcing its widely expected decision to leave interest rates unchanged on Wednesday, the Federal Reserve also revealed officials now expect only one interest rate cut this year. In support of its goals of maximum employment and inflation at the rate of 2 percent over the longer run, the Fed said it decided to maintain the target range for the federal funds rate at 5.25 to 5.50 percent.
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Swiss Market Ends On Firm Note

Swiss Market Ends On Firm Note

The Switzerland market shrugged off a slightly weak start and climbed higher on Wednesday after soft inflation data from the U.S. raised hopes the Federal Reserve will reduce interest rate a couple of times this year.
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U.S. Dollar Drops As Slowing Inflation Lifts Rate Cut Hopes

U.S. Dollar Drops As Slowing Inflation Lifts Rate Cut Hopes

The U.S. dollar weakened against its major counterparts in the New York session on Wednesday, as inflation came in lower than expected in May, reviving hopes for a rate cut by the Federal Reserve in September.
RTTNews | 147 दिनों पहले

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