HSBC leads Hong Kong’s banks in keeping prime rate unchanged

[ad_1] It was the fourth pause since the Fed began its rate-hike cycle in March 2022. The HKMA has followed the Fed in lockstep since 1983 on interest rates policy…

Hong Kong keeps base rate unchanged at 5.75% after Fed’s pause

[ad_1] Fed chairman Jerome Powell said the central bank will start cutting rates well before it hits the inflation goal. Fed chairman Jerome Powell prepares to deliver remarks to the…

Next Week’s Macro Crypto Catalyst: Crypto Market Focus Shifts To CPI And FOMC Meeting

[ad_1] The crypto market is preparing for a big week ahead as all eyes are now on the upcoming CPI news. Bitcoin’s recent surge from $27,000 to over $43,000, initially…

Ringgit opens higher against US dollar

[ad_1] KUALA LUMPUR: The ringgit opened higher against the US dollar on Monday supported by positive external developments. At 9.10 am, the ringgit rose to 4.6575/6625 versus the greenback compared…

Wall St eyes lower open on elevated Treasury yields, Middle East worries

[ad_1] WALL Street’s main indexes were set for a lower open on Friday as U.S. Treasury yields hovered near multi-year highs following hawkish remarks by Federal Reserve Chair Jerome Powell,…

Crucial Week Ahead for Crypto: Fed’s Interest Rate Decision, FOMC Meeting, And Binance Vs. SEC Hearing To Capture Attention

[ad_1] The crypto market is preparing for a volatile week, filled with major events that have the potential to shift investor sentiment and alter price trends. From the Federal Reserve’s…

Ringgit opens strongly against the US$

[ad_1] KUALA LUMPUR: The ringgit opened on a strong note against the US dollar as well as most major Asian and non-Asian currencies, while the market eagerly anticipates the results…

Ringgit lower against US$ at close

[ad_1] KUALA LUMPUR: The ringgit ended the week lower against the US dollar as investors remained in cautious mode ahead of key United States (US) jobs data release, said an…

Ringgit falls ahead of 2Q GDP data and on hawkish bias signal from Fed

[ad_1] KUALA LUMPUR: The ringgit retreated from yesterday’s gains to end lower against the greenback on Thursday as the minutes from the United States’ Federal Open Market Committee (FOMC) pointed…

UK inflation brought more good news, FOMC minutes next – Financial Mirror

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