[ad_1] The US Federal Reserve gave its clearest signal yet that interest rate cuts are coming with its decision last week to keep them on hold. The Hong Kong Monetary…
Tag: US Fed
Markets drops in early trade; focus on US Fed decision – Republic World
[ad_1] Foreign Institutional Investors (FIIs) took a buying stance on Tuesday, acquiring equities valued at Rs 76.86 crore | Image:Republic World Benchmark indices fell during early trade on Wednesday, influenced…
What next: US Federal Reserve on the cusp of policy change
[ad_1] The US Federal Reserve is moving decisively away from ultra-aggressive tightening policy into a wait-and-watch mode, with the latest language from the policymakers suggesting a clear caution in their…
Ringgit opens lower against US$ amid cautious sentiment
[ad_1] KUALA LUMPUR: The ringgit snapped two consecutive days of gains to open lower against the US dollar on cautious sentiment despite the weaker performance of the greenback. The US…
Ringgit continues uptrend vs US$
[ad_1] KUALA LUMPUR: The ringgit continued its upward momentum to open higher against the US dollar today as the United States (US) Treasury yield slid following dovish comments from the…
Bond vigilantes and inversion anxiety
[ad_1] One of Wall Street’s enduring lessons, “inverted yield curves don’t always predict recessions, but all recessions have inverted yield curves”, is back in the headlines as yields on 10-…
Bursa Malaysia ends lower in sync with regional markets
[ad_1] KUALA LUMPUR: Bursa Malaysia closed lower for the fourth consecutive day today due to cautious sentiments within the regional economy, said an analyst. At 5 pm, the FTSE Bursa…
Ringgit opens flat against US$ but firmer against other currencies
[ad_1] KUALA LUMPUR: The ringgit opened almost flat against the US dollar today ahead of Bank Negara Malaysia’s (BNM) overnight policy rate (OPR) decision on Thursday, an analyst said. At…
Ringgit opens higher against US$ on dovish Fed comments
[ad_1] KUALA LUMPUR: The ringgit opened higher against the US dollar today as the greenback weakened following dovish comments from top US Federal Reserve (Fed) officials about the interest rate…