Reported 8 months ago
As the Federal Reserve delayed interest rate cuts, the US dollar remains a sought-after safe-haven currency, leading Taipei Fubon Bank to extend their popular US dollar foreign currency fixed deposit promotion offering up to 6% annual interest until August 30, 2024. Amidst a focus on AI-related topics in investments this year and with shifting market dynamics due to the US presidential election and central bank policy changes, the bank anticipates a faster rotation of stocks and bonds with more diversity in investment opportunities. They advise investors to remain cautious of intermittent interest rate cuts and to focus on diversified asset allocation. Taipei Fubon Bank also introduces various financial incentives such as preferential exchange rates and zero fees on certain overseas investments to help customers plan their wealth in the third quarter effectively.
Source: YAHOO