EUR/JPY extends its gains for the third consecutive day, trading around 180.60 during Asian hours on Tuesday. Technical analysis of the daily chart shows the currency cross remaining within a descending channel, suggest…
Gold (XAU/USD) attracts some sellers following a modest Asian session uptick on Tuesday and slides below $4,350 in the last hour, though the downside seems limited. The US Federal Reserve's (Fed) hawkish outlook is seen…
Gold price (XAU/USD) declines to near $4,365, snapping the two-day winning streak during the early Asian session on Tuesday. The precious metal loses ground on the prospect of further monetary tightening by the US Feder…
The New Zealand Dollar extends its losses for the second straight trading session, down 0.13% after last week’s Fed rate hike and a hawkish tilt within the board, which was reinforced by speeches of Fed officials on Mon…
Written prescription fees from vets will be capped at £21 as part of a raft of changes that practices will be legally required to bring in over the coming months.
UOB’s Jester Koh assesses Singapore’s soft labour market and its implications for Monetary Authority of Singapore policy. The Labour Market Pressure Index shows rising slack, which UOB links to weaker passthrough of sup…
On Monday, Boston Federal Reserve (Fed) President Susan Collins said the resumption of hostilities in the Middle East was a key reason for supporting the increase in the Fed funds rate last week.
Gold price retreats on Monday, down over 0.6% following last week’s Federal Reserve (Fed) interest rate hike. That 25 bps hike initially pushed US bond yields higher, but the US Dollar Index (DXY) has recovered some gro…
Ed Davey is to call for a global nuclear-style non-proliferation treaty to halt the development of super-intelligent AI when he makes his keynote speech at the Liberal Democrat conference, accusing Andy Burnham of relyi…
Japan's markets are shut from Monday to Wednesday for national holidays, which is when a government that wants to move its currency gets the most for its money. USD/JPY is higher for a fifth session in six and is tradin…
Gold price (XAU/USD) is down 0.61% to near $4,350 during the European trading session on Monday. The yellow metal is under pressure as the US Dollar (USD) remains broadly firm amid solid expectations that the Federal Re…
The Bank of Canada Governor, Tiff Macklem, said that he expects inflation to “drift up a little higher in the coming months,” and commented that “A new era of uncertainty is not going away any time soon,” as he speaks i…
The smoke rising from the Kapotnya oil refinery to the south-east of Moscow marks one of Ukraine’s biggest air raids on the Russian capital since the start of the war, and the latest salvo in an energy crisis that threa…
Canada’s economic growth challenges are expected to ease as the Bank of Canada continues to lower interest rates further and more quickly than other advanced economy central banks—but not right away, and longer-run chal…
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The Pound Sterling (GBP) retreats by some 0.17% on Monday as the US Dollar (USD) trades in the green following last week’s Federal Reserve (Fed) rate hike, which widened the interest rate differential between the US and…
To have one air traffic control failure in a fortnight may be regarded as a misfortune, to have two looks like carelessness. The UK's air traffic services provider is coming in for a wave of criticism at the moment, so …