The AUD/USD pair trims a part of its intraday gains to a fresh one-month high, touched during the Asian session on Wednesday in reaction to hot Australian consumer inflation figures. Spot prices, however, retain a posit…
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, currently trades near 102.40 in the early European trading hours on Wednesday. The DXY gathers s…
The Indian Rupee (INR) gives back its opening gains and turns slightly negative against the US Dollar (USD) on Wednesday. The USD/INR pair ticks up to near 95.16 as the Indian currency underperforms due to multiple head…
A luxury cruise ship on a years-long voyage around the world said it suspended operations due to extraordinarily high fuel costs, leaving passengers stranded in Cambodia.
GBP/USD continues its losing streak for the fourth consecutive day, trading around 1.3290 during Asian hours on Wednesday. Traders are waiting for UK Finance Minister John Healey to present his first budget later in the…
Gold (XAU/USD) extends its retracement slide from the weekly high touched during the Asian session on Wednesday, falling further below $4,050 heading into the European session and ahead of the key central bank event. Th…
Yemen's Iran-aligned Houthis said on Tuesday that it had launched a ballistic missile toward the Ras Tanura oil refinery in eastern Saudi Arabia, the kingdom’s largest refinery, Reuters reported.
OCBC’s Sim Moh Siong and Christopher Wong report that IDR remains under pressure despite new IDX measures to address MSCI’s transparency concerns. They retain a mildly cautious bias, stressing that enforcement and forei…
Oil sits at the centre of the call: the RBNZ expects fuel to lift inflation to 4.4% in the December quarter, but the majority chose to look through the direct effects for now, betting that weak demand will limit pass-th…
Investing.com-- Australian underlying inflation accelerated more than expected in the third quarter, strengthening the case for another interest rate increase by the Reserve Bank of Australia (RBA) at its meeting next w…
United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann note that USD/SGD extended higher than expected, with the pair touching 1.2814 instead of staying in the prior intraday range. Short-term momentum suggests sco…
Lloyd Chan at MUFG focuses on Thai Baht as a key expression of the Oil shock in Asia. He cites September trade data showing a sharply wider deficit, driven by surging imports outpacing strong exports. MUFG expects the B…
Gold price (XAU/USD) jumps to around $4,065 during the early Asian session on Wednesday, bolstered by lower oil prices. Traders await the Federal Reserve's (Fed) policy meeting later on Wednesday for signals on the fut…
Plans to switch off the UK's traditional landline phone network could leave people in remote areas unable to contact help in an emergency, MPs have warned.
BrightSpire Capital, Inc. (NYSE: BRSP) is an internally managed commercial real estate (CRE) credit real estate investment trust (REIT). The company focuses on originating, acquiring, financing and managing a diversifie…
Commerzbank’s Dr. Henry Hao and FX analyst Charlie Lay highlight that Singapore’s September inflation and manufacturing data softened, keeping underlying price pressures contained despite higher global energy costs. MAS…
The housing market is increasingly split between extremes: equity-rich, all-cash buyers are at an all-time high, while cash-strapped first-time buyers are at a record low. Affordability challenges are keeping newcomers …
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