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“Asset classes like gold are still expensive and they are fundamentally likely to suffer if US rates go up, if the dollar remain strong“, Manpreet Gill, head of fixed income, currency and commodities investment strategy at Standard Chartered Plc, said in an interview...

The Caixin Flash China manufacturing purchasing manager’s index (PMI) fell further to 47 in September from 47.3 in August (see chart 1), coming in below expectations. Levels below 50 signify a contraction. “Overall, the fundamentals are good”, said Dr. He Fan,...

As it turns out, iPad Pro users will have to pay for an Office 365 subscription if they want to edit documents on Apple’s new tablet.

In addition, fresh pressure from capital market volatility this summer, currency devaluation in emerging markets and slumping global commodity prices are further muddying growth prospects.

But early reviews are glowing.

The US Federal Reserve’s decision to keep rates on hold last week didn’t come as a surprise to CMC Markets trader Sheldon Slabbert.

The agency expects production to hit a low of 8.6 million barrels a day in mid-2016.

Yao said the Fed should set objective conditions that will trigger a rate hike, such as inflation, unemployment and risks of property and housing bubbles.

Wall Street was up on Monday along with a rebound in European stocks.

Mike van Dulken, head of research at Accendo Markets, said investors are feeling uneasy after the Fed highlighted “concerns about external factors such as China, market volatility and deflation derailing a [U.S.] recovery”.

However, the central bank maintained its bias towards a rate hike sometime this year, while lowering its long-term outlook for the economy.

According to a Baker Hughes report, the USA oil-rig count fell by eight to 644 in the latest reporting week, the third straight decline after six consecutive weeks of increases.

After a week of build-up, debate and second-guessing, the US Federal Reserve chose to keep interest rates on hold.

“We may continue to see a downward progression for stock markets, as investors adjust to a world where growth is expected to be weaker…”

“Leaving United States interest rates at rock bottom could mark a turning point for the relative performance of emerging and developed markets”, said analyst Jasper Lawler at CMC Markets UK.