Lionel Messi will travel with Inter Miami for a road match against Atlanta United on Wednesday night, but the Herons will be short-handed when they try to move closer to securing the 2024 MLS Supporters' Shield.
SPI Asset Management MD Innes pointed out that Asia’s forex market could face significant challenges if Donald Trump wins the upcoming US elections.
“If the Fed’s outlook isn’t as dovish as the 250-bps cut that bond markets are pricing in, we could see US yields climb. In that case, even with a short-term dollar sell-off, the dollar-ringgit pair might return to where it started,” he noted in a reply to StarBiz. “The dot plot will offer a reality check on market expectations regarding the rate cut trajectory,” he said. Moreover, he said the global growth momentum during which rate cuts are administered matters.
Innes pointed out that Asia’s forex market could face significant challenges if Donald Trump wins the upcoming US elections.
Federalreserve Interestrates Ringgitoutlook Usdelections Forexmarket Ratecut Donaldtrump
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ringgit opens flat against US$, Jackson Hole in focusPETALING JAYA: The Regent of Pahang Tengku Hassanal Ibrahim Alam Shah Al-Sultan Abdullah Ri'ayatuddin Al-Mustafa Billah Shah has expressed anger and displeasure against Tan Sri Muhyiddin Yassin who has deliberately and cynically cited the responsibilities and role of the Sultan of Pahang when he was the Yang di-Pertuan Agong.
Read more »
FBM KLCI climbs to 4-year high; ringgit strengthens below RM4.40KUALA LUMPUR: The FBM KLCI climbed to a four-year high on Monday, while the ringgit continued to strengthen below 4.40, driven by strong second-quarter (2Q) GDP and trade data.
Read more »
Ringgit hits 18-month high amid US recession fearsScientists revealed Stonehenge's Altar Stone originated 750km away in northeast Scotland, solving one mystery but sparking another: how did prehistoric builders transport it?
Read more »
Ringgit rises against US$ as Jackson Hole to offer more cluesSINGAPORE: Singapore introduced new curbs on public housing as new Prime Minister Lawrence Wong seeks to tame price that threaten to become a political flashpoint in upcoming elections.
Read more »
Ringgit rises as US$ index declines on Fed rate cut hopesThe two were previously engaged in the early 2000s before calling off that wedding. They reunited in 2021 and wed the following year.
Read more »
Ringgit resumes uptrend against greenback at closeKUCHING: Selangor’s Andrew Goh set the Pandelela Rinong Aquatic Centre on fire with his second national record swim of the day. He clocked a sizzling 27.40s to win the boys' 50m breaststroke final.
Read more »