Oil up on Monday
Oil prices rose on Monday due to peak summer consumption and OPEC+ production cuts, offset by increased output from…
Browsing Tag
US Federal Reserve rate cut
Asian markets open H2 flat on Monday
Asian markets kicked off the second half of the year with a subdued tone on Monday.
US Fed indicates one interest rate cut before year-end
US Federal Reserve officials said on Wednesday that they expect just one rate cut before the end of the year,…
Indian rupee weakens as US rate cut hopes fade
The Indian rupee fell on Monday, tracking a broader decline in Asian currencies as optimism for a US Federal…
Indonesia’s c. bank vows rupiah defence
Indonesia's central bank, Bank Indonesia (BI), plans to intervene in the foreign exchange market to support the…
Gulf stocks subdued as investors eye Fed minutes
Most Gulf region stock markets opened lower on Wednesday, as investors are waiting for updates from the US Federal…
H. Kong holds rates steady at 5.75%
The Hong Kong Monetary Authority (HKMA) maintained its base rate at 5.75 per cent on Thursday, aligning with the US…
Dollar remains steady, yen declines
The dollar remained stable on Monday, maintaining its largest weekly gain since 2022, supported by expectations of…
China’s c. bank keeps MLF rate unchanged
The People’s Bank of China (PBC) maintained the medium-term lending facility (MLF) rate at 2.50 per cent on Monday,…
Norway holds rates steady
Norway's central bank (Norges Bank) held its benchmark interest rate steady at 4.50 per cent on Thursday.
