State Sukuk Auction August 27, 2024: Here are the Details of 7 SBSN Series Offered
Investors digested the possibility of US interest rates being cut soon, although oil prices surged amid rising tensions in the Middle East.
Daily Report | 27 August 2024
World stock markets moved slightly lower on Monday (26/08/24) in the last week of August as investors digested the possibility of US interest rates being cut soon, despite oil prices surging amid rising tensions in the Middle East.
Government Debt Ratio Falls to 38.68% in July 2024
In highly anticipated comments by market participants before the Jackson Hole Economic Symposium opens, Powell said that the time has come to lower the benchmark interest rate, on the basis that the upside risks to inflation have diminished considerably.
Weekly Report | 26 August 2024
THE TIME HAS COME FOR FED POLICY TO ADJUST.
Daily Report | 26 August 2024
US stocks rallied in trading on Friday (23/08/24) after dovish remarks from Federal Reserve Chairman, Jerome Powell, reinforced expectations that the central bank will cut interest rates soon in September.
Government to Auction SBSN Next Week with a Target
Investors opted for caution a day before Federal Reserve Chairman Jerome Powell’s speech at the Jackson Hole symposium that ends on Aug. 24.
Daily Report | 23 August 2024
The S&P 500 Index closed lower in Thursday’s trading, pressured by rising US TREASURY yields while investors opted for caution a day before Federal Reserve Chairman Jerome Powell’s speech at the Jackson Hole symposium which ends on 24 August.
Government to Auction SBSN Next Week with a Target
Fed officials last month leaned heavily toward cutting interest rates at their September policy meeting, according to the minutes of the July 30-31 FOMC Meeting.
Daily Report | 22 August 2024
The rally in global stocks stalled on Wednesday after a lengthy recovery pushed them close to recent record highs, just as investors awaited confirmation that the US Federal Reserve would cut interest rates as expected.
