Gold prices react to US Fed rate cut: What investors need to know
The US Federal Reserve's rate cuts aim to stabilise the economy but raise concerns about their impact on global markets, particularly on gold prices, a key investment in uncertain times.
WTI rises to near $69.50, upside seems limited due to subdued response after Fed decision
West Texas Intermediate (WTI) Oil price retraces its recent losses from the previous session, trading around $69.50 per barrel during the Asian hours on Thursday.
WTI advances to $71.00 mark, over two-week high amid broad-based USD weakness
West Texas Intermediate (WTI) US crude Oil prices regain positive traction after Wednesday's modest pullback and build on the recent recovery from the $64.75 area or the lowest level since May 2023 touched last week.
US Fed cuts rates by 50 bps: How will it affect Indian stock market?
This is the first time the Fed has reduced rates since 2020, and it has been done to address slowing economic growth and easing inflation in the US.
The Fed Went Big With Its First Rate Cut—Here's What Markets Think Will Happen Next
Traders on Wednesday upped their bets that the Federal Reserve would continue to aggressively cut interest rates this year after the central bank began its long-awaited easing cycle with an above-average 50-basis point cut.
UPDATE: Honeywell recovers somewhat after Fed announces 50 bps cut
Honeywell (HON) stock is sinking on Wednesday in the leadup to the Federal Reserve announcing its interest rate decision.
last updated on 19 Sep 22:31