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interest rate reduction News

Vietnam Gold Prices Drop Amid Global Rates Surge: What's Driving the Trend?

James Carter 16 Dec, 2024

Gold prices in Vietnam dropped by 0.81% to VND85.2 million per tael as global rates edged higher. This trend is influenced by China resuming gold purchases and expectations of a Fe...

Market

Asian Markets React to US Inflation Data and Australian Unemployment Rate

Michael Lee 12 Dec, 2024

Asian shares mostly rose following US inflation data that grew as expected in November, solidifying expectations for a Fed interest rate reduction in December. However, the Austral...