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Gold prices hit new milestones last week, reaching a fresh record high of $2,600 on Friday. Expectations of further interest rate cuts bolstered the appeal of bullion, but that is not the only reason.
The rising deficit rate in the U.S. is one of the key forces driving gold prices. Historically, Gold prices and the US deficit rate have shown good synchronicity historically:
1. From 1984 to 2000, the US deficit ra...
The rising deficit rate in the U.S. is one of the key forces driving gold prices. Historically, Gold prices and the US deficit rate have shown good synchronicity historically:
1. From 1984 to 2000, the US deficit ra...
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IGB Real Estate Investment Trust (REIT) has garnered much investors’ interest, pushing the counter to reach a year high of RM1.98 on Aug 1. Over the past year, the counter rose 19.4% to close at RM1.97 on Aug 1. It was trading at a low of RM1.62 in September last year.
The REIT managed to record healthy income growth year-on-year from its positive rental reversions. Moving forward, it should also see higher rental rates 2H24 from the completed reconfiguration work...
The REIT managed to record healthy income growth year-on-year from its positive rental reversions. Moving forward, it should also see higher rental rates 2H24 from the completed reconfiguration work...
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$Dow Jones Industrial Average (.DJI.US)$
Stocks ended higher Wednesday after July’s Consumer Price Index showed falling U.S. inflation, keeping market hopes alive for Federal Reserve interest-rate cuts. The gains allowed the S&P 500 to recoup all losses from its Aug. 2-5 meltdown.
The $S&P 500 Index (.SPX.US)$ gained 20.78 points (0.4%) to end at 5,455.21 – higher than the 5,446.68 that it closed at on Aug. 1 just prior to a two-session sell...
Stocks ended higher Wednesday after July’s Consumer Price Index showed falling U.S. inflation, keeping market hopes alive for Federal Reserve interest-rate cuts. The gains allowed the S&P 500 to recoup all losses from its Aug. 2-5 meltdown.
The $S&P 500 Index (.SPX.US)$ gained 20.78 points (0.4%) to end at 5,455.21 – higher than the 5,446.68 that it closed at on Aug. 1 just prior to a two-session sell...
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Hi everyone! It's the start of a new week, and I'm here with this week's dealer's insights. Recently, moomoo MY has started supporting trading in Singapore stocks. For those of you who frequently trade REITs, i believe this is exciting news! Now, in addition to Malaysian REITs, you can also buy Singaporean REITs to diversify your portfolio.😎
However, some of you might not be familiar with REITs. So today, let's...
However, some of you might not be familiar with REITs. So today, let's...
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