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interest rate

New home construction rose while home sales came down in May

by Anas Siddiqui
New home construction rose while home sales came down in May

The annual rate of new home construction was up in May, while home sales were slightly down, according to data released separately on Monday by the Canada Mortgage and Housing …

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HKMA cautions on interest rate outlook, while most traders see cuts in September

by Anas Siddiqui
HKMA cautions on interest rate outlook, while most traders see cuts in September

Hong Kong interbank rates rose slightly on Thursday morning. The one-week Hibor, or Hong Kong interbank offered rate, rose to 4 per cent, up 3.6 basis points from a day …

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U.S. inflation eased in May, signaling that an early-year price uptick has passed

by Walter Watson
U.S. inflation eased in May, signaling that an early-year price uptick has passed

U.S. inflation eased last month in a hopeful sign that an uptick in prices from earlier this year may have passed. The trend, if it holds, could move the Federal Reserve …

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Bank of Canada cuts key interest rate to 4.75%

by Anas Siddiqui
Bank of Canada cuts key interest rate to 4.75%

The Bank of Canada has lowered its key interest rate to 4.75 per cent, marking the bank’s first rate cut since March 2020. Bank governor Tiff Macklem said in opening remarks that the bank’s monetary …

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Hong Kong stocks extend gains for a third day amid hopes of US interest-rate cuts on weak jobs data

by Anas Siddiqui
Hong Kong stocks extend gains for a third day amid hopes of US interest-rate cuts on weak jobs data

Hong Kong stocks extend gains for a third day amid hopes of US interest-rate cuts on weak jobs data Hong Kong stocks’ rose for a third day amid investors’ expectations …

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SARB interest rate announcement: Rates on hold

by Anas Siddiqui
SARB interest rate announcement: Rates on hold

The South African Reserve Bank’s (SARB’s) Monetary Policy Committee (MPC) met for the third time in 2024 on Thursday, 30 May. The MPC meets every second month. The committee voted …

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Mortgage debt is growing at its slowest pace in 23 years — but that could be short-lived, says CMHC

by Anas Siddiqui
Mortgage debt is growing at its slowest pace in 23 years — but that could be short-lived, says CMHC

Mortgage debt grew at its slowest pace in 23 years in February, amid high borrowing costs and reservations related to the Bank of Canada’s key interest rate — but the slowdown likely …

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SARB interest rate announcement prediction: What to expect

by Anas Siddiqui
SARB interest rate announcement: Rates on hold

The South African Reserve Bank’s (SARB’s) Monetary Policy Committee (MPC) will meet for the third time in 2024 on Thursday, 30 May. The MPC meets every second month. As a …

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Opinion | Why a second Trump term is a risk investors can’t afford to ignore

by Anas Siddiqui
Opinion | Why a second Trump term is a risk investors can’t afford to ignore

If this year’s US presidential election were held today, former president Donald Trump would probably win. While much can happen between now and November 5, things are not looking good …

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Opinion | A strong US dollar could bring Asia more pain, especially if Trump wins

by Walter Watson
Opinion | A strong US dollar could bring Asia more pain, especially if Trump wins

Is this all US$60 billion worth of central bank interventions in global foreign exchange markets buys you these days? It is a question that is undoubtedly preying on the minds …

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