US Fed

"I don't think we’re behind the curve. I feel the policy is well-positioned to address plausible outcomes," Powell said.

2H21 is expected to be a lot different from the conditions that precious metal traders found themselves in the same time as 2H20.

Shares slipped in much of Asia, while Australian equities outperformed. S&P500 contracts fluctuated after a Wednesday retreat.

“We expect the new dovish strategy may lead to the Fed keeping its fed funds interest rate at 0.00-0.25% for up to the next five years now.” - BOS Chief Economist Mansoor Mohi-uddin.

Financial markets, poised to enter the second half with a “second wind” beneath the wings, have been doused with cold water.

“Nothing can basically stop America. The American miracle, the American magic has always prevailed and it will do so again,” says Warren Buffet

Goldman Sachs is in ongoing discussions with U.S. and Malaysian authorities over their investigations into what the bank knew about the transactions at the time.

local banks in favour from dividend lift

SINGAPORE (Feb 7): Don't panic, markets are simply showing signs of normalcy with more volatility and higher yields despite ongoing bouts of risk aversion, says DBS.

SINGAPORE (May 23): Bank of Singapore (BoS) is maintaining its neutral stance on US and European equities with a focus on rotation and carry themes, while recommending exiting technology and taking exposure in financials in the case of equities.