Wee Khoon Chong at BNY reports strong Japanese macro data and resilient housing and commerce indicators, supporting the narrative that Japan has exited deflation and Bank of Japan (BoJ) normalization remains in play. US…
Read more →Silver (XAG/USD) rebounds on Monday and trades around $66.70 at the time of writing, up 0.40% on the day. The main obstacle to a stronger recovery in Silver remains the shift in expectations surrounding the Federal Rese…
Read more →Rabobank strategists expect the Bank of Canada (BoC) to keep its overnight rate at 2.25% at the September 2 meeting and through 2027, despite markets pricing in around 17bp of tightening by year-end. They highlight stro…
Read more →GBP/JPY trades on the back foot on Monday as the Japanese Yen (JPY) strengthens against its major peers. The Pound Sterling (GBP), meanwhile, lacks a fresh domestic catalyst as UK markets remain closed for the Summer Ba…
Read more →OCBC FX Strategist Sim Moh Siong and Christopher Wong note that Fed Chair Warsh’s Jackson Hole speech eased debasement concerns and supported the Dollar, with Gold lower and the US yield curve flatter. They say structur…
Read more →BNY’s Wee Khoon Chong notes Oil prices are underpinned by renewed U.S.–Iran tensions near the Strait of Hormuz and President Trump’s claim of a deal granting U.S. majority control over Venezuela’s vast reserves. Chong s…
Read more →Gold (XAU/USD) trades flat on Monday after opening the week lower and briefly falling below $4,400, its lowest level since August 19, during Asian trading hours. The metal lacks strong upside momentum as hawkish Federal…
Read more →Financial markets adopt a cautious stance on the last day of August as investors assess shifting odds of a Federal Reserve (Fed) interest rate hike in September and re-escalating tensions in the Middle East. The economi…
Read more →ING’s commodities team, led by Warren Patterson and Ewa Manthey, reports that Gold came under pressure after Federal Reserve Chair Kevin Warsh reinforced a higher-for-longer rates narrative, supporting the Dollar. They …
Read more →It was a "good week" for the Australian dollar, the currency climbing to fresh leg highs of 0.7208 against the US dollar Friday night and reaching multi-year highs against several major currencies. However, the move cam…
Read more →Geoff Yu at BNY argues that upcoming German CPI and Eurozone flash CPI are critical for European Central Bank expectations, with markets already pricing a near-certain September hike. While services inflation is softeni…
Read more →DBS Group Research economist Philip Wee notes that the US Dollar (USD) recovered after Fed Chairman Kevin Warsh’s Jackson Hole speech, as futures pricing restored a meaningful probability of a September FOMC rate hike. …
Read more →USD/IDR extends its gains for the second successive day, trading around 17,790 during the European hours on Monday. However, the upward momentum for USD/IDR remains capped by broader US Dollar (USD) weakness.
Read more →United Arab Emirates (UAE) Presidential Adviser Anwar Gargash said during the European trading session on Monday that political solutions must begin with de-escalation and restoring normal shipping through the Strait of…
Read more →The Euro (EUR) is looking for direction against the British Pound (GBP) on Monday, following a sharp reversal last Friday, with bears eyeing the bottom of the last two weeks’ trading range, just below 0.8550. Negative p…
Read more →Gold (XAU/USD) struggles to capitalize on a modest intraday bounce from sub-$4,400 levels – a one-and-a-half-week low – and sticks to a negative bias heading into the European session on Monday. The US Dollar (USD) ease…
Read more →US Treasury Secretary Scott Bessent said on Sunday recent Japanese Yen (JPY) moves were "pretty well contained," suggesting the Japanese currency's renewed weakness were not seen as the kind of disorderly moves that l…
Read more →The AUD/USD pair loses traction to near 0.7160 during the early Asian session on Monday. The US Dollar (USD) strengthens against the US Dollar (USD) after Federal Reserve (Fed) Chair Kevin Warsh hinted that rate hikes m…
Read more →US Central Command (CENTCOM) struck Iranian rocket launchers that were preparing to send mines into the Strait of Hormuz, following weeks of relative calm, Bloomberg reported on Sunday.
Read more →Rebecca Patterson is a senior fellow at the Council on Foreign Relations, a globally recognized investor, and macroeconomic researcher.
Read more →Wall Street kicked off the week with a flurry of bold calls on some of the market's most closely watched names, and at least one stock just scored a target price hike of more than 50 percent from a major…
Read more →Two banks have paused selling products of Mark Walter's Delaware Life amid concerns of federal probes into how the insurer's parent company reported about $20 billion in assets that were affiliated with other entities c…
Read more →Commerzbank’s Charlie Lay reports that the Bank of Korea (BoK) delivered a second consecutive 25 bp hike to 3.0% and kept a tightening bias, supporting KRW after its sharp appreciation since June. The bank expects a nea…
Read more →DBS Group strategists Taimur Baig and Nathan Chow forecast Vietnam’s goods exports to maintain strong double-digit growth at 27% year-on-year in August 2026, led by electronics and supported by external demand. Retail s…
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