Dollar wavers near 7-month low on rate cut bets, Powell speech in focus SINGAPORE: The dollar wobbled near a seven-month low on Tuesday on wagers the US central bank will start cutting... Published 20 Aug, 2024 10:48am
World Most Gulf markets gain on US rate cut optimism Major stock markets in the Gulf rose in early trade on Tuesday as comments from Federal Reserve Chair Jerome Powell... Published 16 Jul, 2024 03:31pm
Markets Gold drifts higher as US rate cut optimism boosts appeal Gold prices nudged higher on Tuesday as comments from Federal Reserve Chair Jerome Powell bolstered the case for a... Published 16 Jul, 2024 09:37am
Business & Finance ECB to opt for summer pause after initial rate cut FRANKFURT: The European Central Bank is expected to leave interest rates unchanged Thursday, giving the eurozone... Published 15 Jul, 2024 10:57am
Markets Oil edges up as US inflation data raises rate cut hopes LONDON: Oil prices rose on Thursday with the Brent benchmark holding above $85 a barrel, as hopes rose for rate cuts... Updated 11 Jul, 2024 06:39pm
Markets Euro zone bond yields dip ahead of Powell testimony LONDON: Euro zone bond yields dipped on Wednesday on concerns after rising the previous day about monetary policy... Published 10 Jul, 2024 02:40pm
Markets Indian rupee inches up on foreign banks’ dollar sales, uptick in Asia FX MUMBAI: The Indian rupee was mildly stronger on Wednesday, aided by gains in most Asian currencies ahead of a key US... Published 15 May, 2024 10:26am
Markets Oil rebounds, gains 1% after US crude draw, lukewarm inflation data NEW YORK: Oil prices rose nearly 1% on Wednesday from a two-month low in the prior session as the market balanced... Updated 16 May, 2024 12:34am
Markets Dollar steady after soft US jobs report; yen starts week on back foot SINGAPORE: The dollar was broadly steady on Monday as a soft US jobs report boosted wagers that the Federal Reserve... Published 06 May, 2024 10:09am
Markets Euro zone yields headed for weekly fall after Powell comments, await US data Euro zone yields dropped on Friday ahead of US jobs data and were headed for a weekly fall after Federal Reserve... Published 03 May, 2024 03:35pm
Markets Indian bond yields reverse early dip on profit booking, with Fed in focus MUMBAI: Indian government bond yields turned higher after an early dip on Monday, as traders booked profit after a... Published 29 Apr, 2024 10:18am
Markets Indian rupee declines on weakness in Asian peers, foreign banks’ dollar buys MUMBAI: The Indian rupee weakened on Monday pressured by dollar demand from foreign banks and weakness in Asian... Published 29 Apr, 2024 10:10am
Markets Indian rupee pressured by Fed rate outlook, helped by dip in oil prices MUMBAI: The Indian rupee is likely to open little changed on Thursday amid expectations that US interest rates will... Published 18 Apr, 2024 10:15am
Markets Dollar steady, yen fragile after Fed comments dash rate cut bets SINGAPORE: The dollar was broadly steady on Wednesday, keeping the yen rooted near 34-year lows after comments from... Published 17 Apr, 2024 09:57am
Markets Dollar takes a breather ahead of US jobs data SINGAPORE: The dollar was pinned beneath recent peaks on Thursday with traders taking remarks from Federal Reserve... Published 04 Apr, 2024 09:40am
Markets Oil steady, bolstered by lower supply concerns LONDON: Oil prices were steady on Thursday, shored up by concerns about lower supply as major producers keep output... Updated 04 Apr, 2024 09:09pm
Markets London stocks open lower following global downturn; Dr. Martens shines British stocks opened lower on Wednesday, mirroring a global market retreat as investors weighed chances of a more... Published 03 Apr, 2024 12:47pm
Markets Gold hovers below record peak as US dollar, yields firm after upbeat data Gold prices on Tuesday hovered below record highs hit in the previous session, as the US dollar and Treasury yields... Published 02 Apr, 2024 10:09am
Business & Finance IMF’s Georgieva urges central bank independence amid election-year rate-cut pressures WASHINGTON: International Monetary Fund Managing Director Kristalina Georgieva warned on Thursday that central banks... Published 21 Mar, 2024 03:23pm
Markets Gold holds ground as investors seek direction from Fed Gold held steady on Tuesday as investors stayed on the sidelines ahead of the US Federal Reserve policy meeting this... Published 19 Mar, 2024 10:15am
Markets Gold rally hits pause ahead of US inflation data Gold prices took a breather from a record-breaking rally on Monday, which was fuelled by a cooling US labor market... Published 11 Mar, 2024 09:26am
Markets Yuan holds steady, US payrolls and China inflation in focus SHANGHAI: China’s yuan held steady against a weakening US dollar, as US yields slipped after Federal Reserve Chair... Published 08 Mar, 2024 10:04am
Markets Dollar droops ahead of payrolls SINGAPORE: The dollar headed for its sharpest weekly drop of the year on Friday as Federal Reserve Chair Jerome... Published 08 Mar, 2024 09:57am
Markets Most Gulf markets in red ahead of key Fed Powell testimony Major stock markets in the Gulf fell in early trade on Wednesday ahead of congressional testimony from Federal... Published 06 Mar, 2024 01:16pm
Markets Nickel falls on improved supply prospect from Indonesia BEIJING: Nickel prices fell on Wednesday as traders eyed better supply from top producer Indonesia, while a steady... Published 06 Mar, 2024 10:33am
Markets Dollar firm before Powell speech, bitcoin stabilises after breaking record TOKYO: The US dollar was largely steady on Wednesday, as traders avoided making big bets ahead of congressional... Published 06 Mar, 2024 09:55am
Markets Australian dollar gets commodity lift, NZ bonds left struggling SYDNEY: The Australian and New Zealand dollars enjoyed a rare rally on Wednesday as commodity prices showed some... Published 23 Aug, 2023 09:39am
Markets BIS warns world economy at critical juncture in inflation fight LONDON: The world’s central bank umbrella body, the Bank for International Settlements (BIS), called on Sunday for... Published 25 Jun, 2023 05:50pm
Markets Wall Street opens lower as hawkish Fed saps market mood Wall Street’s main indexes opened lower on Friday as investor sentiment remained damp due to the hawkish... Published 23 Jun, 2023 07:27pm
Markets Oil down after Fed comments, U.S. crude stock build LONDON: Oil prices dipped on Thursday, having hit their lowest since late 2021 earlier this week, after Federal... Updated 23 Mar, 2023 05:13pm
