It is a worrying sign for the Fed, suggesting that the elevated pace of price increases could last longer than expected.
Risk sentiment has faltered in recent weeks, and global stock markets have experienced a mild sell off, as the focus shifts ...
The contract rate on a 30-year fixed mortgage ticked up 2 basis points to 7.07%, marking the ninth straight week above 7%.
The U.S. services sector snapped back into growth mode in May after a short-lived contraction the month before, with a ...
With PCE data released last week indicating that U.S. inflation had stabilised in April, the currency market began the week ...
SINGAPORE : The currency market started the week cautiously, with the dollar slightly lower on Monday after data last week ...
Markets mostly fell Tuesday on signs of weakness in the US economy, even as the data boosted hopes for an interest rate cut, ...
The number of job openings in the US shrank for the second month in a row, setting a new three-year low amid further<a class= ...
A GLOBAL bond rally gathered pace on Tuesday (Jun 4), with Treasury yields falling further after a bigger-than-expected slide in US job openings that suggests the world’s biggest economy is cooling.
XAU/USD gained 1% on Monday due to the weaker-than-expected US ISM Manufacturing Purchasing Managers' Index (PMI) report. Gold prices reached 2,350 on Monday, buoyed by growing expectations of eased ...
The average Hongkonger faces a HK$2.4 million (US$300,000) gap between their expected post-retirement expenses and the money ...