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The People’s Bank of China is expected to cut its key reverse repo rate today, along with its key lending rates. The Fed’s rate cut this week is expected to pave the way for PBOC cuts.The People's Bank of China has turned to the 7-day repo…

The Commonwealth Bank of Australia has decided to postpone the expected date of the Reserve Bank of Australia's first interest rate cut from November 2024 to December 2024.Expect a 25 basis point cut.The recent strength in employment growth…

Most Asian currencies moved in a flat-to-low range on Thursday as the dollar rose sharply after a large interest rate cut by the Federal Reserve was offset by less dovish signals on future interest rates. The Japanese yen was among the…

The cryptocurrency market has seen impressive bullish momentum following the long-awaited interest rate cut by the US Federal Reserve, which has led to increased liquidation. According to data provided by Coinglass, total crypto…

Written by Ray Wee SINGAPORE (Reuters) - The U.S. dollar rose broadly on Thursday, reversing a brief slump following an overly aggressive interest rate cut by the Federal Reserve that was widely priced in by markets. The U.S. central bank…

Japan's national CPI data for August is due out on Friday. We got the Tokyo CPI data for August, which came in higher than July:Tokyo area inflation data for August: 2.6% y/y (2.2% previously)The Bank of Japan statement comes a few hours…

You will notice that the HKCB prime rate is slightly higher than the federal funds rate.The Hong Kong dollar is traded within a range pegged to the US dollar set by the Hong Kong Monetary Authority. You can see the boundaries of the range…

The Fed started its easing cycle by cutting interest rates by 50 basis points. The Fed has “reset” its monetary policy stance away from a period when inflation was high and employment was low. Now the baseline is that inflation is stable,…

In this video, I take a look at the technical roadmap for traders through the FOMC rate decision. What could increase the bearish bias and why? What could shift the bias to the upside - at least in the short term.With the price falling and…

Investing.com - Stocks on Wall Street moved around both sides of the flat line on Wednesday as investors focused ahead of a historic decision by the Federal Reserve that is likely to lead to its first interest rate cut since March 2020. By…