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Search Result for “Fed”

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INVESTMENT

Subdued earnings performance puts pressure on SET

Business, Published on 09/03/2024

» The SET index established a trading range between 1,357 and 1,405 points in February. The bourse hit a low of 1,357 at the start before bouncing back, but traded mostly sideways for the remainder of the month. Key factors expected to influence market direction in March include:

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INVESTMENT

Gold price hits high amid global surge

Business, Nareerat Wiriyapong, Published on 05/03/2024

» The domestic gold price has hit an all-time high and is now on course to reach 38,000 baht per baht-weight this year as global prices have continued an upward trend to trade near the two-month high of more than US$2,080 per ounce, said the Gold Traders Association (GTA).

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INVESTMENT

Favourable US inflation report cheers investors

Published on 02/03/2024

» RECAP: Most Asian equity markets advanced yesterday, led by Japan, as US stocks reached fresh highs after the Federal Reserve's preferred inflation indicator met consensus forecasts.

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INVESTMENT

Soaring bitcoin set for sharpest monthly jump since 2020

Reuters, Published on 29/02/2024

» SINGAPORE - Bitcoin headed for its biggest monthly gain in more than three years on Thursday and is within range of a record high as cash rushing to listed bitcoin funds propels a strong rally.

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INVESTMENT

Tech-led rally lifting equities worldwide

Business, Published on 24/02/2024

» RECAP: Most Asian equity markets gained for a second day on Friday, as a global rally led by technology stocks pushed markets from the US to Europe and Japan to all-time highs.

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INVESTMENT

Asian shares advance on China stimulus hopes

Published on 10/02/2024

» RECAP: Stocks in Asia recorded a third straight weekly gain before many markets closed for Chinese New Year, after a flurry of stimulus announcements from China as it attempted to stem a severe equity market slump.

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INVESTMENT

Asian shares advance after US tech rally

Business, Published on 03/02/2024

» RECAP: Most Asian markets advanced yesterday amid a rebound in US shares after impressive results from tech giants. But Chinese stocks fell on disappointment with the limited impact of state policy support measures to revive the economy.

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INVESTMENT

Trading range of 1,350 to 1,380 foreseen for SET

Published on 03/02/2024

» The SET index in January reached a monthly high of 1,438 points, but subsequently retreated. Breaking below the critical 1,400 threshold, it found support at 1,352, closely mirroring the low from December at 1,354.

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INVESTMENT

Bitcoin bounces back

Nuntawun Polkuamdee, Published on 29/01/2024

» Following the US Securities and Exchange Commission's (SEC) approval of 11 Bitcoin exchange-traded funds (ETFs), and with a Bitcoin halving expected in April, the cryptocurrency regained the top spot for asset annual return on investment as its price surged more than 150%.

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INVESTMENT

Asian shares rebound as chipmakers jump

Published on 20/01/2024

» RECAP: Asian shares rebounded yesterday, buoyed by a rally in global chipmakers, after struggling earlier because of concerns about China's sluggish economic recovery.