SUBSCRIBERS
Most units rangebound in holiday season's thin trade
Published Wed, Dec 23, 2015 · 09:50 PM
London
THE dollar held steady in thinned trading on Wednesday after data painted a mixed picture of the US economy, offering investors few clues as to how fast the Federal Reserve will raise interest rates next year.
After the Fed's widely anticipated interest rate hike last week, attention has turned to the pace of rate rises. Markets are fully pricing in two increases in 2016, although Fed policymakers are signalling four.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
S&P slashes Boeing credit outlook as rating hovers above junk status
Honda to spend US$11 billion on EV strategy in Canada
GlaxoSmithKline sues Pfizer and BioNTech over Covid-19 vaccine technology
Mapletree Industrial Trust Q4 DPU rises 0.9% to S$0.0336
Nasdaq’s profit falls as shaky economy keeps IPO revival elusive
iFast Q1 net profit surges on ePension unit performance