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, […]
7 Finance Tips We Wished We Knew In Our 20s, Like Handling Wedding, Home Reno & Holidays
Finance tips for people in their 20s So, you’re naturally thrifty and have spent your 20s saving up enough money in your bank account to buy a house or a car? Congrats. Not much feels as good as having control over your finances. The rest of you who didn’t, plus those twentysomethings that are still […]
Beginner’s Guide To UOB Personal Loans & Balance Transfers, For When You Need Extra Funds In A Jiffy
UOB Personal Loans & Balance Transfers Adulthood comes with dozens of big financial decisions. Big ticket purchases like renovating your dream home and the costs of raising a child – as joyous as those affairs may be – might put you on an instant noodle diet afterwards. If you have huge savings to cover them […]
How Much Savings Should You Have In Your 20s? Working Adults Share 8 Of Their Saving Habits
Saving habits of working adults in their 20s Adulting in Singapore is tough. The cost of living is continually on the rise, and we have a 9% GST hike to ‘look forward to’ in the not-too-far-off horizon. Now more than ever, it’s imperative to sort out your finances and see how much you’ve saved thus […]
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 […]
