Commerzbank’s Dr. Jörg Krämer describes Switzerland’s strong federalism and extensive use of financial referenda as key to its superior economic outcomes. Cantons and municipalities compete for taxpayers by setting thei…
Read more →The Swiss Franc (CHF) trades in a tight range against the Euro (EUR) as the Swiss National Bank (SNB) actively works to neutralize safe-haven capital inflows stemming from increased geopolitical woes.
Read more →Gold (XAU/USD) starts the week on the back foot as renewed tensions in the Middle East lift Oil prices and bring inflation concerns back into focus, reinforcing expectations of a Federal Reserve (Fed) interest rate hike…
Read more →MILAN, July 13 (Reuters) - An Italian judge has rejected a request by Italian telecom tower company Inwit to urgently suspend Telecom Italia's withdrawal from a tower lease agreement, two sources familiar with the matte…
Read more →BNY's Geoff Yu notes that renewed U.S.-Iran tensions have lifted Brent and WTI, with markets reassessing energy supply risks and broader risk sentiment. Yu stresses that the Strait of Hormuz is now the key macro channel…
Read more →EUR/USD trades with a mild positive bias on Monday as the US Dollar (USD) gives back its earlier gains. At the time of writing, the pair trades around 1.1424 after recovering from an intraday low of 1.1384.
Read more →In an interview with Fox News on Monday, United States (US) President Donald Trump said that they will probably take over the Strait of Hormuz and argued that they should be reimbursed for controlling it.
Read more →DBS Group Research economist Philip Wee notes that the US Dollar Index (DXY) Index has been confined between 100.5 and 102 for three weeks as traders await clarity on whether the Federal Reserve (Fed) will proceed with …
Read more →Societe Generale’s Kenneth Broux describes USD/JPY consolidating after failing again at resistance near 162.80. The pair is seen in a narrow range, with key support at 160.40 tied to the March peak and upside projection…
Read more →UOB’s Lee Sue Ann and Jester Koh note that the Reserve Bank of New Zealand raised the Official Cash Rate to 2.50% in July and adopted a more hawkish tone as inflation risks remain elevated. They keep their OCR forecast …
Read more →Gold (XAU/USD) extends losses on Monday, with price action drifting below the $4,100 line, amid a risk-off market mood, as tensions between the US and Iran flare. From a wider perspective, however, the precious metal re…
Read more →BNY’s Geoff Yu notes that the Bank of Canada (BoC) is widely expected to keep its policy rate unchanged at 2.25%, with markets not pricing cuts until at least Q4. The report states that recent core inflation and labor m…
Read more →David Ellison spent eight months persuading Washington that buying Warner Bros. Discovery would strengthen competition in Hollywood, and it worked.
Read more →Societe Generale strategists note that India’s June Consumer Price Index (CPI) release will be important for bond markets, with the 10-year IGB yield holding near its 200-day moving average around 6.71%. They highlight …
Read more →BNY’s Geoff Yu argues that United Kingdom (UK) assets, including the British Pound (GBP) and gilts, will react more to the choice of chancellor under incoming Prime Minister Andy Burnham than to the leadership change it…
Read more →The Australian Dollar (AUD) posts marginal losses against the US Dollar (USD) on Monday, as the pair's reversal from Friday's 0.6970 highs found support above 0.6120. Rising tensions in Iran have hammered risk appetite,…
Read more →Silver prices (XAG/USD) fell on Monday, according to FXStreet data. Silver trades at $58.72 per troy ounce, down 1.92% from the $59.87 it cost on Friday.
Read more →Rabobank strategist Michael Every discusses rising geopolitical risks around the Strait of Hormuz after the apparent collapse of a US-Iran memorandum of understanding. Every notes both sides are now striking each other,…
Read more →ING analysts Chris Turner, Frantisek Taborsky and Francesco Pesole note that higher energy prices and tensions in the Gulf are supporting the Dollar against low-yielding currencies. They highlight that US energy indepen…
Read more →The Euro (EUR) claws back its early losses and turns slightly positive at around 1.6170 against the Canadian Dollar (CAD) during the European trading session on Monday. The cross bounces back as the Euro strengthens ami…
Read more →DUBAI, United Arab Emirates (AP) — The United States and Iran each asserted Monday they controlled the Strait of Hormuz after a weekend of attacks stretching across the wider Middle East, further threatening any diploma…
Read more →UOB’s Quek Ser Leang and Lee Sue Ann highlight that EUR/USD has slipped after testing 1.1460, with increasing downward momentum but major support at 1.1360 seen as difficult to reach near term. For the coming 1–3 weeks,…
Read more →The Euro (EUR) depreciates moderately against the US Dollar (USD) on Monday, as escalating tensions between the US and Iran and the closure of the Strait of Hormuz dampened appetite for risk and boosted inflationary pre…
Read more →Japan currently has no immediate plans to change target asset allocations of its state pension funds but could work within existing allowable ranges to direct more investment to domestic assets, people with knowledge of…
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