You have searched for "FOMC"
Showing 1-10 of 707
KUALA LUMPUR: The ringgit extended yesterday’s gains against the US dollar as the greenback -- a safe haven currency -- retreated amid risk-on mode.
KUALA LUMPUR: The ringgit declined further against the US dollar at the opening bell today, following the United States Federal Reserve’s (US Fed) upbeat conclusion of the Federal Open Market Committee (FOMC) meeting yesterday, which could lead to an eventual hike in their policy rate, said an analyst.
BENGALURU: Indonesian shares jumped nearly 1% on Wednesday to lead gains among most emerging Asian equities, as China Evergrande's promise to pay some bond interest calmed nerves, while Singapore stocks hit four-month lows due to a spike in COVID-19 cases.
BENGALURU: Asian shares skidded and the dollar firmed on Monday ahead of a week packed with global central bank meetings, with a torrid session for the world's most indebted property developer China Evergrande dragging Hong Kong stocks to a near one-year low.
The ringgit is likely to stabilise against the US dollar next week, driven by a bullish outlook on the global financial market, with the focus on the United States Federal Reserve (Fed), said an economist.
KUALA LUMPUR: The ringgit extended its losses against the US dollar at the opening on Friday, as emerging market currencies continued to be hit by the strengthening greenback following the strong economic data from the world’s largest economy.
NEW YORK: Global shares edged higher on Wednesday on the strength of U.S. equities markets that were boosted by rising oil prices and positive economic data out of the United States.
KUALA LUMPUR: The ringgit rebounded from Monday’s dip to open firmer today after the signing of the Memorandum of Understanding (MoU) on Political Stability and Transformation by Prime Minister Datuk Seri Ismail Sabri Yaakob and heads of the Pakatan Harapan component parties yesterday.
The Statistics Department is scheduled to release the monthly rubber statistics for July 2021 tomorrow.
WASHINGTON/MILAN: U.S. shares were mixed and global equities retreated from record highs on Tuesday as investors balanced mounting worries over the slowing pace of economic recovery and hopes the Federal Reserve will delay tapering its bond purchases.