Tag: December rate cut
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Markets Live: ASX Poised to Rise as Wall Street Bets December Rate Cut; Optus outage disrupts emergency calls
Markets weather mixed signals as ASX eyes a sharp rise Australian shares are set for a stronger session after a bounce in U.S. equities and renewed expectations that the Reserve Bank of Australia could follow global central banks with dovish moves. Traders are focusing on the latest economic data, corporate earnings, and the evolving path…
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Markets live: ASX set for sharp rise as Wall Street bets on December rate cut amid Optus outage and fibre break disruptions
Markets heading higher as global cues optimistically point to a December rate cut Australian shares are primed for a strong session ahead, with local investors spotlighting a potential December interest-rate cut in the United States. The latest moves across Wall Street have traders pricing in a softer stance from the Federal Reserve, betting that policymakers…
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Powell’s Doubts on December Cut Boosts the U.S. Dollar and Dampens the Debasement Trade
Powell’s Reservations Stifle December Rate-Cut Bets The U.S. dollar has been under pressure in recent weeks as traders looked for signs that the Federal Reserve would ease policy in December. Instead, a series of remarks from Fed Chair Jerome Powell introduced fresh doubt about whether the central bank would cut rates this year, prompting renewed…
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Powell’s Doubts on December Rate Cut Boost the U.S. Dollar
Powell’s Doubts Push the Dollar Higher The U.S. dollar has renewed its strength as markets reassess the odds of a December rate cut following cautious remarks from Federal Reserve Chair Jerome Powell. After a period of choppiness driven by the so-called “debasement trade,” the dollar index, known as the DXY, nudged higher as traders priced…