Japan’s Core Inflation Slows on Fuel Subsidies, Demand-driven Pressure Intact
The slowdown from a 2.8% rise in August was due largely to the government’s rollout of temporary subsidies to curb gas and electricity bills, which will likely weigh on core inflation in the coming months.
2 hours ago
October 18th Financial News
Italy faces credit rating tests, with more hope than fear; Israel kills Hamas leader Yahya Sinwar in Gaza; U.S. September retail sales growth exceeds expectations...
2 hours ago
ECB Expected to Cut Rates by 25 Bps to 3.25%
The ECB is expected to cut rates by 25 bps to 3.25%.
21 hours ago
ECB and Fed May Struggle to Solve Debt Riddle: Klement
So even though the Fed, ECB, and others may be poised to cut interest rates in the short-term, this may not translate into lower long-term bond yields, which could make the fiscal situations in these economies a whole lot worse.
23 hours ago
ECB Set for Second Straight Rate Cut as Economy Stagnates
High interest rates have sapped investment and economic growth, which has struggled for nearly two years.
2024-10-17
Malaysia’s Budget Eyed for Catalysts to Spur Rebound in Bonds
Malaysia’s sovereign bonds and currency are poised to rebound on robust economic indicators and expectations for fiscal discipline in the upcoming budget, investors said.
2024-10-17
Penny Stock Explodes for 3,300% Gain: What Investors Should Know
Bright Minds Bio stock rose more than 1,400% on Tuesday alone.
2024-10-17
Gold Price Flirts With Record Peak, Seems Poised to Appreciate Further
Gold price (XAU/USD) built on its uptrend witnessed over the past week or so and retested the all-time high on Wednesday amid the expected interest rate cuts by major central banks.
2024-10-17
Australian Dollar Gains Ground Following Solid Employment Data
The Australian Dollar (AUD) halts its three-day losing streak against the US Dollar (USD) after a strong Australian employment report was released on Thursday.
2024-10-17
Japan Premier Ishiba Vows Big Spending, Drifts Away from Fiscal Restraint
Deputy Chief Cabinet Secretary Kazuhiko Aoki told a news conference on Wednesday the government will draft a package that will exceed the size of last year's stimulus.
2024-10-16
Thailand Unexpectedly Cuts Rate for First Time Since 2020
Thailand’s central bank cut its benchmark interest rate for the first time in more than four years, a surprise move given it has long resisted the government’s calls to ease monetary policy.
2024-10-16
Gold Price Remains Close to Record Peak, Lacks Bullish Conviction Amid Mixed Cues
Gold price (XAU/USD) edges higher for the second straight day on Wednesday – also marking the fourth day of a positive move in the previous five – and touches a one-and-half-week high, around the $2,670 region during the Asian session.
2024-10-16
Bank of Japan's Board Member Urges Slow Approach to Interest Rate Hikes
Adachi’s emphasis on the gradual pace of tightening could boost market speculation that there will be no more rate increases this year.
2024-10-16
UK CPI Data Set to Show Inflation Fell Further in September
The United Kingdom’s (UK) Office for National Statistics (ONS) will release the highly anticipated Consumer Price Index (CPI) data for September on Wednesday at 06:00 GMT.
2024-10-16
Trump Defends Tariff Plan While Pressing for More Fed Influence
Trump has sought to offset some of those costs by threatening across-the-board tariffs, which he aims to impose on both US allies and adversaries, including a 60% levy on imports from China and 10% duties on the rest of the world.
2024-10-16
Southeast Asia’s Central Banks Face Duelling Rate Calls
Three of Southeast Asia’s biggest economies will unveil monetary policy decisions from 3pm Malaysian time on Wednesday, influenced by everything from politics, inflation and currency volatility to geopolitical risks.
2024-10-16
