Business
Gold climbs to record above US$5,500 on bets for dovish Fed chair
Gold surged to an all-time high above US$5,500 an ounce, extending a breakneck rally fuelled by US dollar weakness and expectations the…
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dovish
Business
China expected to keep rates steady for sixth month as PBOC turns less dovish
The consensus comes after the central bank this month maintained its seven-day reverse repo rate, which now serves as a major policy rate…
Business
US: Wall Street opens higher as Fed shake-up stokes dovish bets
Street’s main indexes opened higher on Friday (Aug 8) as US President Donald Trump’s temporary pick for a Federal Reserve governor post…
Business
US: Stocks mostly fall as Fed avoids dovish shift
Wall Street stocks finished mostly lower on Wednesday after the Federal Reserve kept interest rates flat and refrained from signaling it…
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Indonesia bonds may gain more on dovish policy, fiscal outlook
Bank Indonesia’s (BI) dovish stance and easing concerns over the nation’s fiscal policy are fuelling expectation that government bonds…
Business
Dovish Bank of Japan policymaker urges pause in rate hikes on US tariff uncertainty
The Bank of Japan must hold off raising interest rates for the time being, its board member Toyoaki Nakamura said on Friday, warning of…
Business
Safe-haven US dollar climbs; sterling falls on dovish Bailey comments
THE US dollar strengthened on Thursday (Oct 3) on expectations the US Federal Reserve will not rush to cut interest rates, while the pound…