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 …
The Australian Dollar consolidates for the fourth straight day versus the US Dollar, yet registers modest gains of 0.11%, as price action shifts to choppy ahead of the Federal Reserve’s monetary policy decision. A busy …
USD/CHF advances for the third straight day, registering modest gains of 0.09% on Tuesday, with the pair recovering some ground after hitting a monthly low of 0.8191 last Friday. The pair exchanges hands at 0.8282 with …
The Dow Jones Industrial Average (^DJI) rose above the flat line, while the tech-heavy Nasdaq Composite (^IXIC) climbed 1.1%. The S&P 500 (^GSPC) gained 0.6% as semiconductor stocks gained.
Gold prices stage a rebound off a daily low of $3,989, rising over 1% on Tuesday even as the US Dollar and US Treasury yields rose. Falling Oil prices provide a leg up for the yellow metal, while investors brace for the…
The yen was 0.16% weaker at 157.73 per dollar, inching further away from the one-month high it touched last week ahead of the Bank of Japan policy decision later this week. The yen had lost ground on Monday too.
Australia’s Consumer Price Index (CPI) rose by 4.3% year-over-year (YoY) in September, compared to a 4.0% growth reported in August, the latest data published by the Australian Bureau of Statistics (ABS) showed on Wedne…
The US Dollar (USD) has added to Monday’s optimism, advancing to the area of fresh two-week highs on the back of mixed US Treasury yields and the continuation of the pre-Fed cautious stance in the global markets.
GBP/USD traded at 1.3310 on Tuesday afternoon, down 0.25% from Monday’s close at 1.3342, extending its losing streak to four sessions. The pair opened at 1.3343, touched a session high of 1.3349 in the European morning …
Scotiabank strategists Shaun Osborne and Eric Theoret say British Pound (GBP) is softer versus the Dollar as markets stay cautious ahead of Wednesday’s UK budget. Overnight GBP/USD volatility is firmer, but a fiscally c…
Scotiabank strategists Shaun Osborne and Eric Theoret note the US Dollar (USD) is supported by sentiment even as rate differentials soften. They highlight a widening gap between US Dollar Index (DXY) and fair value, and…
DBS Group Research economist Ma Tieying reviews South Korea’s preliminary 3Q GDP data, highlighting solid growth and strong exports led by semiconductor shipments, alongside weaker private consumption after the KOSPI co…
Government-backed Warm Home Loans scheme to help households cut energy bills by hundreds of pounds
AUD/USD edges higher on Tuesday as hawkish Reserve Bank of Australia (RBA) expectations help the Australian Dollar (AUD) outperform its major peers. A recovery in equity markets as concerns over heavy AI spending subsid…
Retailers also report jump in purchases of wind-up radios and torches to deal with extreme weather and cyber-attacks
Brown Brothers Harriman’s (BBH) Elias Haddad expects Chile’s central bank to keep its policy rate at 4.50% for a sixth meeting, despite market pricing for future hikes. He argues this path is too aggressive given weak d…
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From tackling the youth jobs crisis to repairing Brexit’s economic damage, John Healey has his work cut out for him
Elon Musk’s SpaceX is on the verge of a $US1.75 trillion ($2.4 trillion) sharemarket listing. Anthropic has filed early documents for a $US1 trillion-plus initial public offering. And OpenAI isn’t far behind with its ow…
Elon Musk has released an AI-generated rival to Christopher Nolan’s The Odyssey after pledging to make a version “true to the art of Homer”.
Commerzbank’s Carsten Fritsch notes Brent Oil has surged to a six‑month high as geopolitical tensions around Iran, Houthi attacks in Saudi Arabia and risks in the Strait of Hormuz drive a substantial risk premium. The r…
Gold (XAU/USD) trims part of its intraday decline on Tuesday. However, a stronger US Dollar (USD), elevated US Treasury yields and US Federal Reserve (Fed) interest rate hike expectations create a challenging backdrop f…
Gold (XAU/USD) reverses earlier losses during American trading hours on Tuesday as a pullback in Oil prices attracts buyers. However, the metal’s gains remain in check as the US Dollar (USD) regains ground following rec…