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Wall Street is coming off a poor session after the Fed’s meeting. The Dow Jones Industrial Average fell 317 points, or 0.8%, posting its worst day since December. The S&P 500 slid 1.6% in its worst...
The robust growth of the U.S. economy in the fourth quarter, exceeding expectations with a 3.3% expansion compared to the anticipated 2%, highlights a noteworthy resilience despite ongoing interest...
The 10-year Treasury yield has demonstrated its resilience following positive employment data, highlighting the ongoing robustness of the labour market. Still, the stock market looks stabilised for...
The Consumer Price Index report for December has exceeded expectations, reflecting a 0.3% increase in consumer prices for the month, pushing the annual rate to 3.4%. This outpaced economists'...
The lacklustre performance of The Magnificent Seven at the outset of 2024 may serve as a glimpse into the potential trajectory for investors throughout the rest of the year as the market rally...
Wall Street is anticipating a "Santa Claus Rally" during the final trading days of the year and the first two days of the new year. Historically, the S&P 500 has shown an average gain of 1.3% since...
Investor confidence is on the rise as prospects of additional rate cuts in 2024 emerge, propelling equity indices to record highs and causing Treasury yields to dip.
Investors have been focused on jobs data as initial jobless claims reported on Thursday were 220,000 while continuing claims came in at 1.861 million.
Investors remain optimistic that the Fed has wrapped up its rate-hiking regime and that the economy is on track for a soft landing.