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June 24, 2024

Singapore Core Inflation Steady at 3.1% in May

Singapores annual core inflation remained at 3.1% in May, unchanged from April and March, as an increase in the cost of services was offset by lower prices of energy and goods.

Official data released today by the Monetary Authority of

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Gold Prices Rise as US Treasury Bonds Yields Fall

US Gold prices inched higher on Monday as Treasury yields edged lower, while investors await economic data and comments from Federal Reserve officials through this week for clarity on the US central bank’s timeline on interest rate cuts.

Spot gold

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Oil Extends Losses on Stronger Dollar

Oil prices fell in early Asian trade on Monday for a second straight session, weighed down by a stronger dollar after concerns of higher-for-longer interest rates resurfaced and cooled investors’ risk appetite.

Brent crude futures slid 40 cents, or 0…

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