Business
Gold rises on softer Treasury yields; silver steadies after record run
Investors are currently pricing in two rate cuts for next year, with this week’s non-farm payrolls report expected to provide further…
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steadies
Business
Gold steadies at near two-week high as investors weigh Fed rate-cut bets
US rate futures are pricing in an 85% chance of a rate cut in December, according to the CME’s FedWatch tool Gold prices remained steady…
Business
Gold steadies near record high as investors await Fed verdict
The US central bank is expected to deliver a quarter-percentage-point interest rate cut later in the day to support the labour market Gold…
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Oil steadies after report of planned Opec+ August output hike
Oil prices edged up slightly on Friday (Jun 27), recovering from a midday drop into negative territory following a report that Opec+ was…
Business
Battered dollar steadies but investors brace for more tariff volatility
The US dollar found some footing on Monday but was still near a three-year low after a bruising week that shook investor faith in the…
Business
Philippine central bank to take ‘measured approach’ in easing as inflation steadies
THE Philippine central bank will take a “measured approach” in easing policy rates, it said on Wednesday (Feb 5), as annual inflation held…
Business
US dollar steadies, Aussie drops after RBA, Chinese trade data
THE US dollar rose on Tuesday (Dec 10) ahead of US inflation data which could offer clues about the Federal Reserve’s monetary easing…
Business
Gold steadies as investors brace for US election and potential rate cuts
GOLD prices held steady on Monday (Nov 4), as investors prepared for a crucial week for the global economy, marked by the US presidential…