Commerzbank economists Dr. Jörg Krämer, Dr. Vincent Stamer and colleagues argue that Middle East crude exports have nearly returned to pre-war levels thanks to dark transits through the Strait of Hormuz. They expect hig…
Read more →ING’s Chris Turner notes that the Dollar is benefiting from a flatter US yield curve as hot inflation data keeps short-dated rates elevated while long-dated Treasuries recover. He argues this backdrop typically favors t…
Read more →The US Dollar (USD) has depreciated sharply against most of its major peers over the last two days, hammered by a mix of lower US Treasury yields and dovish comments by Federal Reserve (Fed) officials. The US Dollar Ind…
Read more →Gold (XAU/USD) holds modest gains on Friday, supported by a softer US Dollar (USD) and lower Treasury yields. However, hawkish Federal Reserve (Fed) expectations keep buyers cautious about chasing prices aggressively hi…
Read more →Societe Generale highlights that the Reserve Bank of India has taken proactive steps to support the Indian Rupee, deploying multiple FX-related measures and bond operations. The report notes a risk-off driven reversal i…
Read more →Commerzbank’s Volkmar Baur describes a double bind for the New Zealand Dollar as rising monthly price indices signal higher CPI, while electronic card data show stagnating retail spending and likely negative real consum…
Read more →Financial markets have calmed a little after Coreweave stock bounced on Thursday. But the debate between intensifying price pressures needing tighter monetary policy and a tech correction requiring a softer policy outlo…
Read more →September PPI came in strong, import prices are still running hot enough to keep the inflation story alive, and yet the long end has rallied. The 2s10s curve has flattened by roughly 20bp this week because the short end…
Read more →Welsh water company Hafren Dyfrdwy has agreed to pay £280,000 following "unacceptable" failures that resulted in sewage spills, industry regulator Ofwat has announced.
Read more →The Australian Dollar (AUD) is up 0.41% higher at around 0.6950 against the US Dollar (USD) during the European trading session on Friday. The Aussie pair strengthens as the market sentiment turns risk-on due to United …
Read more →OCBC’s FX Strategists Sim Moh Siong and Christopher Wong note Gold has rebounded over 1% as US Treasury yields, USD and Brent eased, while the Federal Reserve appears in no rush to tighten further. They remain cautiousl…
Read more →Dow Jones futures rise by 0.19% to trade near 52,530 during European hours on Friday. S&P 500 futures gain 0.09% to trade around 7,800, while Nasdaq 100 futures inch higher by 0.03% to near 30,150.
Read more →The Euro (EUR) remains on its back foot against the British Pound (GBP) on Friday, as UK macroeconomic data released on Tuesday beat expectations while Eurozone’s figures disappointed. The EUR/GBP pair hit session lows …
Read more →MUFG’s Michael Wan reports that Bank of Japan (BoJ) Board Member Junko Koeda has strengthened the case for further policy tightening. Koeda emphasized upside price risks, still-accommodative financial conditions and jud…
Read more →The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is extending its losses for the second successive day and trading around 101.90 during the Asian hours on Friday.
Read more →The USD/JPY pair loses ground to near 157.85 during the early European trading hours on Friday. Hawkish hints from Bank of Japan (BoJ) policymakers provide some support to the Japanese Yen (JPY) against the US Dollar (U…
Read more →The Indian Rupee (INR) continues to outperform the US Dollar (USD) on the back of weakness in the Greenback and forceful Reserve Bank of India’s (RBI) measures to curb the US Dollar’s demand by Oil Marketing Companies (…
Read more →Gold (XAU/USD) attracts buyers for the second straight day on Friday amid a broadly weaker US Dollar (USD), though it remains confined in a two-week-old range. The USD Index (DXY), which tracks the Greenback against a b…
Read more →RaboResearch stresses that China’s production-oriented model, weakened by property and debt strains, increases reliance on manufacturing exports as US market access narrows. Beijing is unlikely to cut capacity or subsid…
Read more →The USD/CHF pair struggles at 0.8250 on Thursday, diving below the 0.8300 figure as a ‘double top’ chart pattern looms on the daily chart, even though the overall trend is up. At the time of writing, the pair trades at …
Read more →Commerzbank analysts discuss Vietnam’s progress toward a US trade deal, which officials say is essentially complete and could be signed soon. The agreement aims to address tariffs, transshipment and regulatory standards…
Read more →Gold price climbs after another US inflation report on Thursday. Although the snapshot of US wholesale inflation came in hotter than expected, it was already priced in by investors, who trimmed their hawkish bets on the…
Read more →USD/CAD loses nearly 0.30% on Thursday as falling US Treasury yields weigh on the US Dollar (USD). Concerns over debt-funded AI investments drive investors away from equities and into government bonds.
Read more →Christopher Wong at OCBC Bank highlights that Monetary Authority of Singapore (MAS) kept its appreciating S$NEER policy stance unchanged after two prior tightening rounds, with output gaps and inflation forecasts sugges…
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