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Hi, mooers! ![]()
The final Federal Open Market Committee (FOMC) meeting of 2023 is approaching. In previous meetings, the Fed raised interest rates 11 times after inflation soared to levels not seen since the early 1980s. The policy rate reached its highest level in 22 years, with a target range between 5.25%–5.5%.
Many investors believe that the Federal Reserve's rate hike cycle is nearing its end. "The Fed is on hold for now...
The final Federal Open Market Committee (FOMC) meeting of 2023 is approaching. In previous meetings, the Fed raised interest rates 11 times after inflation soared to levels not seen since the early 1980s. The policy rate reached its highest level in 22 years, with a target range between 5.25%–5.5%.
Many investors believe that the Federal Reserve's rate hike cycle is nearing its end. "The Fed is on hold for now...
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Hi, mooers! ![]()
Recently, analysts pointed out that the global market turbulence would see buying in assets like gold and crude, which has quickly been confirmed in the market. According to the report, spot gold climbed 0.4 percent to $1,876.08 per ounce earlier on 13 October, while US gold futures rose 0.3 percent to $1,888.8 an ounce. "Gold is a perfect hedge against global market turbulence," said a market economist.
At the same time, Brent Crude, t...
Recently, analysts pointed out that the global market turbulence would see buying in assets like gold and crude, which has quickly been confirmed in the market. According to the report, spot gold climbed 0.4 percent to $1,876.08 per ounce earlier on 13 October, while US gold futures rose 0.3 percent to $1,888.8 an ounce. "Gold is a perfect hedge against global market turbulence," said a market economist.
At the same time, Brent Crude, t...
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Good morning mooers! Here are things you need to know about today's Singapore:
●Singapore shares opened lower on Monday; STI down 1.01%
●Commodities face tough week as Fed angst builds
●Stocks and REITs to watch: Singtel, SPH Reit, Aspen
●Latest share buy back transactions
-moomoo News SG
Market Trend
Singapore shares opened lower on Monday. The $FTSE Singapore Straits Time Index (.STI.SG)$ decreased 1.01 per cent to 3,114.16 ...
●Singapore shares opened lower on Monday; STI down 1.01%
●Commodities face tough week as Fed angst builds
●Stocks and REITs to watch: Singtel, SPH Reit, Aspen
●Latest share buy back transactions
-moomoo News SG
Market Trend
Singapore shares opened lower on Monday. The $FTSE Singapore Straits Time Index (.STI.SG)$ decreased 1.01 per cent to 3,114.16 ...
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