Asian stocks jump as US sticks to rate cut plan
Fixed Income: In New York trade, U.S. Treasury yields experienced a slight decline and remained stable in Asia. Two-year yields stood at 4.59%, while 10-year yields were at 4.26%. The Federal Reserve maintained U.S. rates between 5.25% and 5.5% overnight, as anticipated, while raising inflation forecasts. The projection for three 25 basis point rate cuts […]
Japanese stocks down, yen steady as markets brace for landmark BOJ shift
Fixed Income: During Asian trading hours, the yield on the benchmark 10-year Treasury notes slightly declined by 1.4 basis points to 4.326%, following a recent peak of 4.348% on Monday, marking a three-week high. Equities: Japanese shares, in line with regional markets, experienced a decline on Tuesday, as Bank of Japan put an […]
Asia shares up on China data, await clutch of central bank meetings
Asia shares up on China data, await clutch of central bank meetings **Equities:** The global selloff in stocks continued as concerns over rising inflation shook markets ahead of FOMC BOJ Meetings this week. Tech stocks led losses, notably Adobe, with disappointing slip. Attention now shifts to Nvidia’s GTC event for potential new chip unveilings. Despite […]
Tech pulls down Asia stocks, dollar gains on inflation data
**US Market:** U.S. benchmark bond yields hovered near the 4.3% mark, marking their biggest surge in three months after a notable increase in producer prices added to concerns about inflation. The 10-year Treasury yield maintained at approximately 4.28%, holding onto gains from the previous session. **Asian Market:** Asian stocks experienced a downturn, mirroring declines […]
Asia stocks sputter before US inflation data; yen gains
Indexes Dow 38,949.02 / -23.39 / -0.06% Nasdaq 15,947.74 / -87.56 / -0.55% S&P 500 5,069.76 / -8.42 / -0.17% Key Highlights US 10-yr Trsy ylds stable at 4.28%. Besides US PCE, mkts anticipate inflation data from German, France and Spain. MSCI’s broadest of APAC ex-Japan +0.06%. Nikkei -0.45% from Tue’s record peak. Kospi -0.54%. China CSI-300 +0.82%, […]
8 Most Common Finance Bro Sayings Debunked So You Don’t Anyhow Invest
Debunking common finance myths Let’s be honest – when it comes to matters concerning money, most of us err on the cautious side. And that’s a good thing too, considering the many, many, finance myths floating around. We’ve consolidated a list of common finance myths that you might’ve come across online or from your friends, […]
ERP Rates in Singapore At A Glance And The Best Timings To Avoid Charges
ERP Rates in Singapore It’s been called many things, ranging from jokes such as “Everyday Rob People” and “Every Road Pay” – anything but its actual name: Electronic Road Pricing. Whichever one you like to use, it is no doubt that the easily recognisable blue and white ERP gantries situated all over our island and […]
This Finance App Manages All Your Bank Accounts & Cards, Has Special Perks For Food, Shopping & Groceries
Dobin app perks Miss Ariana Grande once sang, “I want it, I got it”. But let’s be real, if we lived by this mantra, we’d all be penniless before our hairs turn grey. This doesn’t mean we have to completely restrict our spending though; it just means we have to be smart about it. To […]
5 Nifty Functions Of The NETS Prepaid Card That Make It A Family Essential, Not Just For Payment
NETS Prepaid Card for managing family expenses While building your own family unit is endlessly joyous and rewarding, it’s not a revelation that it can also get very expensive. Between groceries, bills, and the costs of raising kids, your bank account may plunge into overdraft if you’re not careful. That’s why we’re here to suggest […]
7 Extra Kiasu Ways To Save Money In Singapore Amidst Inflation & The Looming 9% GST
Tips to save money amidst inflation Quick question: is anybody else panicking that they’ve spent the money that they intended to retire with on food, bills, and transport for just this year alone? Because same. Not gonna lie, but the recent surge in the cost of living means it’s a miracle that there’s anything leftover […]