GBP/USD: 1.2680 Bias for GBP appears to be tilted to the downside; any decline is expected to face significant support at 1.2610. The world today Macro Note • 13 December 2024 China: Initial takeaways from the CEWC Chart of the day • 6 December 2024 ...
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USD/JPY News Gold price bulls turn cautious near $2,525 hurdle ahead of US NFP report Gold price (XAU/USD) climbed closer to the $2,524-2,525 supply zone on Thursday amid some follow-through US Dollar (USD) selling, led by bets for a larger interest rate cut by the Federal Rese...
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Gold preserves its bullish momentum and trades near $2,580 after setting a new record-high slightly above this level. The 10-year US Treasury bond yield stays in the red below 3.7% as markets reassess the odds of a large Fed rate cut, helping XAU/USD push higher. Gold News Cryp...
rate is higher than the 2.5% p.a. currently paid on CPF’s Ordinary Accounts. In addition, the three-month Foreign Currency Fixed Deposit* also offers incomparable + rates. Currency Rate for 3-month deposits* NZD 7.18% p.a. AUD 5.38% p.a. USD 4.78% p.a. GBP 4.38% p.a. Said ...
this will still translate into import prices climbing higher by 11.2%y/y from 11.1%y/y recorded in April. Any upside surprise due to higher global oil prices may lift inflation expectations and raise concerns that the Fed may have to bring interest rate hikes forward. Meanwhile, the US May ...
26 September 2024 Our team Suan Teck Kin, CFA Head of Research, Executive Director View profile (English /中文 ) Heng Koon How, CAIA Head of Markets Strategy, Executive Director View profile (English / 中文 ) Alvin Liew Senior Economist, ...