Latest news with #marketStrategy
CNA
03-07-2025
- Business
- CNA
Wealth Wise - Global economy: Rougher days ahead?
Could we be in for a bumpier roller coaster, as the world braces for possible widespread slowdown in the global economy? Lance Alexander learns more from Heng Koon How, Head of Markets Strategy, UOB.
CNA
07-05-2025
- Business
- CNA
Dollar retains strength against peers after Fed rate decision
NEW YORK :The U.S. dollar remained slightly stronger against major currencies including the yen and the euro on Wednesday after the Federal Reserve left interest rates unchanged, in line with market expectations. The Fed kept its benchmark interest rate steady in the 4.25 per cent-4.50 per cent range, but said that the risks of higher inflation and unemployment had risen and that the U.S. economic outlook remains uncertain. "They were a little more hawkish than a lot of the market expected and they didn't really change or water down any of the views on inflation being above average or the jobs market selling at a low level," said Marvin Loh, senior global market strategist at State Street in Boston. "I still think we're in an extended hold period until data tells them that they need to do something and/or we get a lot more trade clarity," Loh added.
