2 hours ago Inflation rate in Malaysia reaches lowest level since February 2021 Malaysia’s inflation rate fell to 1.5% in November, compared to 1.8% in October, reaching its lowest level since February 2021. November’s reading was also below the 1.7% expected in a Portal poll of economists. On a monthly basis, inflation remained flat in … [Read more…]
(Bloomberg) — European stocks and U.S. futures fell ahead of the release of a U.S. inflation indicator that could influence the Federal Reserve’s policy outlook. Most read by Bloomberg Technology stocks led to a decline in the Stoxx Europe 600 index. Prosus NV slumped as much as 15% after China announced new restrictions on online … [Read more…]
On Monday, BlackRock (BLK) filed a revised proposal for a spot Bitcoin (BTC) exchange-traded fund (ETF) in an attempt to appease regulators, which is likely to boost its chances of getting a first-of-its-kind approval in the US Under the updated proposal, BlackRock’s ETF will have cash creation and redemption mechanisms, the model preferred by the … [Read more…]
© Portal. FILE PHOTO: The Japanese national flag is raised at the Bank of Japan headquarters in Tokyo, Japan on September 20, 2023. Portal/Issei Kato/File photo By Wayne Cole SYDNEY (Portal) – Asian stocks fell on Monday after a subdued start to a week in which Japan’s central bank may move further away from its … [Read more…]
Market Week Ahead: Gold Reclaims $2,000, GBP/USD, EUR/USD Recover as USD Falls New to FX looking for an edge? Download our free FX starter pack below Recommended by Nick Cawley Recommended by Nick Cawley Forex trading starter pack The Fed stands firm, expects three rate cuts in 2024, gold prices rise while yields fall According … [Read more…]
NEW YORK (AP) — Wall Street rose to its best level in nearly 23 months, just shy of its record high, after a report Tuesday showed inflation in the United States is behaving broadly as expected. The S&P 500 rose 0.5%, just 3.2% below its all-time high set early last year. The Dow Jones Industrial … [Read more…]
20 minutes ago CPI rises 0.1% month-on-month in November The consumer price index rose 0.1% in November compared to the previous month. Economists polled by Dow Jones expected the CPI to remain flat month-to-month. Year-on-year pressure was 3.1%, in line with expectations. Excluding energy and food, CPI rose 0.3% month-on-month and 4% year-on-year – also … [Read more…]
(Bloomberg) — Stocks started the week cautiously as traders refrained from making big bets ahead of key economic data and meetings of major central banks that will test the market’s optimism about interest rate cuts in 2024. Most read by Bloomberg In less than 24 hours, Wall Street will get a sense of whether the … [Read more…]
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, USA, December 7, 2023. Brendan Mcdermid | Portal U.S. stock futures were slightly higher on Sunday evening as investors await the Federal Reserve’s final meeting of 2023 this week for signals on when central bankers will begin cutting interest … [Read more…]
The back of the “Fearless Girl” statue is pictured as morning sunlight falls on the facade of the New York Stock Exchange (NYSE) building after the start of Thursday’s trading session in Manhattan in New York City, New York, USA, on March 28 January , 2021. Portal/Mike Segar/File Photo Acquire License Rights NEW YORK, Dec … [Read more…]