Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 421 - 427 of 427 results for "FOMC"

RBA leaves rates unchanged

... would harm exporters and farmers. The decision leaves Australian rates 3.75 percentage points higher than US rates, which the FOMC cut by 0.25 per cent last week.

Morning market wrap: US shares end mixed

Major US share indexes ended mixed on Tuesday, as markets continued to await the outcome of the FOMC meeting. Earlier the Conference Board announced US consumer confidence was broadly unchanged in June, its index edging 0.1 point lower to 83.5, and ...

Midday market wrap: Shares open lower

... opened slightly lower, following a mixed night in overseas markets. Global financial markets are awaiting the outcome of the FOMC's two-day meeting, with an announcement on US interest rates expected tonight. Property trusts continue to lead the local ...

Morning market wrap: US stocks end mixed week

... US Treasury bonds continued to weaken as markets further re-assessed the likelihood of a 50 basis point cut at this week's FOMC meeting, instead discounting a growing possibility the Fed may opt for a more cautious 25 point move. The yield on the 10-year ...

Morning market wrap: US bond yields spike higher

... of recent positive economic data. Traders continue to wind back earlier expectations of an aggressive rate cut at the next FOMC meeting on 24-25 June, although the Fed is still expected to lower the funds rate by 25 basis points. The yield on the 10-year ...

Afternoon market wrap: Shares stronger in late trade

... losses, after a Washington Post story suggested the Fed would still go ahead and cut US rates by 50 basis points at next week's FOMC meeting. The yield on the benchmark 10-year bond ended at 4.79%, slightly higher than yesterday's close of 4.78%. The ...

Morning market wrap: Data spurs strong gains in US stocks

... backed higher after the data, although markets continue to anticipate at least a 25 basis point cut at the Fed's June 24-25 FOMC meeting. All Ordinaries 3056.3 +0 NASDAQ 1666.58 +40.09 Dow Jones 9318.96 +201.84 FTSE-100 4152.90 +18.80 Hang Seng 9862.28 ...