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    • Powell: More data needed before rate cuts

      Malaya· 5 days ago

      Data for May showed the Fed’s preferred measure of inflation did not increase at all that month, while the 12-month rate of price increases has ebbed to 2.6 percent , still ...

    • Gold prices flat

      Malaya· 6 days ago

      Spot gold was steady at $2,331.41 per ounce. In order for prices to break above the current range, the market needs to see further weak data points that increase the possibility of a

    • Dollar steady

      Malaya· 5 days ago

      TOKYO- The dollar remained on the back foot on Wednesday after dovish comments from Federal Reserve Chair Jerome Powell sent US bond yields lower, overshad...

    • Gold prices remain flat

      Malaya· 5 days ago

      BENGALURU- Gold prices were flat on Wednesday as investors awaited minutes of the Federal Reserve’s last policy meeting for fresh cues on when the US cen...

    • Copper strengthens

      Malaya· 5 days ago

      Federal Reserve Chair Jerome Powell struck a moderately dovish tone in his comments on Tuesday, suggesting that the US central bank is more than likely to start its easing ...