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Tuesday, 29 September 2026

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Economy

Japanese Yen weakens as Fed rate hike looms

The USD/JPY pair gains ground to near 154.55 during the early Asian session on Tuesday. The US Dollar (USD) strengthens against the Japanese Yen (JPY) as traders ramp up their bets on a US interest rate hike in Septembe…

WTI rises above $98.50 amid Middle East supply fears

West Texas Intermediate (WTI) oil price extends its gains for the second successive day, trading around $98.60 per barrel during the Asian hours on Tuesday. Crude oil prices appreciate as traders continue to navigate he…

Visa and Mastercard shares fall on UK payments rival report

Year to date, Mastercard Incorporated MA shares have declined 14.9%, trailing rival Visa Inc. V, which is down 8.9%, while American Express Company AXP has lost 15.6%. The broader industry dropped 17.5%, so MA isn't alo…

US Dollar: Hawkish Fed may offer only limited gains - BBH

Brown Brothers Harriman’s (BBH) Elias Haddad expects the Federal Open Market Committee (FOMC) to deliver a 25 bps hike to 3.75%-4.00%, its first move since July 2023, justified by above-target inflation and a solid labo…

Trump Allies Push Back as Fed Prepares for Possible Rate Hike

Federal Reserve Chair Jerome Powell has endured nearly every crisis a central banker can face during his eight years at the helm of the Fed: blistering public attacks during President Donald Trump’s first term, an unpre…

US Dollar Index: Fed pricing supports gains – Scotiabank

Scotiabank strategists Shaun Osborne and Eric Theoret note the US Dollar (USD) is firm at the start of FOMC week as swaps now price an 85% chance of tightening on Wednesday. They highlight that US Dollar Index (DXY) is …

Premier Payment Solutions Ltd enters liquidation

On 10 September 2026, Premier Payment Solutions Ltd, which traded as PPS Money and MTBS (together, 'PPS Money'), entered liquidation. Bai Cham and Gary Shankland of BTG Begbies Traynor were appointed joint liquidators.

Euro slides against the Pound as a UK jobs test looms

EUR/GBP slides on Monday, trading around 0.8560 as the Euro (EUR) side of the cross is underpinned by a European Central Bank (ECB) that remains hawkish. The pair hit a two-week low of 0.8554 earlier in the day before t…

British Pound buckles as US yields rise puts Fed in command

The British Pound (GBP/USD) tested five-week lows of 1.3464 and trimmed some of its earlier losses on Monday, but it remains in the red, down 0.23% amid a light economic docket in the US and the UK as both countries' ce…