Asian shares treaded water on Tuesday ahead of a U.S. Federal Reserve policy mee...
Asian shares treaded water on Tuesday ahead of a U.S. Federal Reserve policy meeting, hovering near six-month highs, while sterling was choppy as the speaker of Britain’s parliament banned another vote on same Brexit deal.
“Speculators appear to be betting on rise in stock prices on the back of a dovish Fed. The Fed is unlikely to kill such hopes. Yet there is a risk the Fed could tone down its dovishness,” said Masanari Takada, cross-asset strategist at Nomura Securities. Also expected is more detail on a plan to stop cutting the Fed’s holdings of nearly $3.8 trillion in bonds.
May’s Brexit plans were thrown into further turmoil on Monday when the speaker of parliament ruled that she could not put her divorce deal to a new vote unless it was re-submitted in fundamentally different form.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
The Fed may soon let inflation run a little hotter than usual, Goldman saysGoldman Sachs says the Federal Reserve will decide to allow overshoots of its inflation goal next year.
Read more »
Pound soars, Asian shares rally after Brexit deal changesThe pound jumped and Asian shares rallied on Tuesday after the European Commissi...
Read more »
Gold gains for second day as dollar dips ahead of Fed meetGold prices rose for a second straight session on Monday, as the dollar slipped ...
Read more »
Asia shares, bonds buoyed as Fed seen dovishAsian share markets crept ahead on Monday while bonds were in demand globally on...
Read more »
Asian shares drift lower, sterling awaits its fateAsian share markets were mostly in the red on Wednesday as a risk-off mood gripp...
Read more »
Week Ahead: Fed to make important forecasts as stocks on 'precipice' of breaking outThe Fed's meeting is the big deal for markets in the coming week, and it is widely expected to send a message that investors could find bullish.
Read more »
US Treasury yields move higher ahead of a Fed meetingU.S. government debt prices were lower on Monday, as investors awaited a Federal Reserve meeting later this week.
Read more »
Stocks rise ahead of Fed meeting; Boeing drags on DowU.S. stocks trade mostly higher as investors look ahead to this week’s meeting of Federal Reserve policy makers; losses for aircraft maker Boeing threaten to...
Read more »
Wall St. advances ahead of Fed policy meetingBanks and tech helped lead Wall Street higher on Monday, while Boeing and Facebo...
Read more »
Asia markets slip ahead of Fed meetingShares in Asia slipped in Tuesday morning trade, ahead of a closely watched meeting by the U.S. Federal Reserve set to kick off later in the day stateside.
Read more »