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BofA expects the Fed to hold rates in July, despite markets pricing a small chance of a hike. The bank says a July increase would be unprecedented: since 1994 the Fed has never raised rates when market-implied probability was below 60%. BofA cites hi

2026-07-28

BofA expects the Fed to hold rates in July, despite markets pricing a small chance of a hike. The bank says a July increase would be unprecedented: since 1994 the Fed has never raised rates when market-implied probability was below 60%. BofA cites higher oil as the main inflation risk and remains USD-positive.

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2026-07-28

China's Shanghai Composite Index closed down 44.93 points, or 1.16%, at 3813.31 on Tuesday, July 28. The Shenzhen Component Index closed down 639.05 points, or 4.52%, at 13509.68 on Tuesday, July 28. The CSI 300 Index closed down 132.9 points, or 2.8

China's Shanghai Composite Index closed down 44.93 points, or 1.16%, at 3813.31 on Tuesday, July 28. The Shenzhen Component Index closed down 639.05 points, or 4.52%, at 13509.68 on Tuesday, July 28. The CSI 300 Index closed down 132.9 points, or 2.83%, at 4569.52 on Tuesday, July 28. The ChiNext Index closed down 263.76 points, or 7.35%, at 3327.03 on Tuesday, July 28. The STAR Market 50 Index closed down 114.47 points, or 6.33%, at 1693.48 on Tuesday, July 28.
2026-07-28

The Governor of the Monetary Authority of Singapore (MAS) stated that Singapore's financial services sector is projected to grow by 4.3% in 2025, with assets under management increasing by 10.1% year-on-year to reach S$6.7 trillion.

The Governor of the Monetary Authority of Singapore (MAS) stated that Singapore's financial services sector is projected to grow by 4.3% in 2025, with assets under management increasing by 10.1% year-on-year to reach S$6.7 trillion.
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