Market Focus Daily: Wednesday, October 2, 2024
Investors flock to safer assets keeping US Treasury yields depressed, while gold traded at an almost all-time high; resilient US job market bodes well for a smaller Fed rate cut in November as US job openings unexpectedly increase in August.
Synopsis: Market Focus Daily is a closing bell roundup by The Business Times that looks at the day’s market movements and news from Singapore and the region.
Written by: Howie Lim (howielim@sph.com.sg)
Recording engineer: Chai Pei Chieh
Produced and edited by: Lee Kim Siang & Claressa Monteiro
Produced by: BT Podcasts, The Business Times, SPH Media
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