The USD/JPY extends its rally on Tuesday, hitting 40-year highs above 163.00 as the Greenback continues to gain ground versus the Japanese Yen. At the time of writing, the USD/JPY trades at 163.19, slightly shy of the m…
Employer national insurance (NI) contributions for all under-25s should be cut to boost job opportunities for young people, a group of MPs has urged.
It is the explosion just before he was nearly sucked out of the aircraft that Ljubisa Karović remembers. The thunderous noise of the window shattering that roused him from slumber in 11F, his window seat on the early mo…
The Australian Dollar spent Tuesday doing a convincing impression of movement, climbing from just below the 0.7000 handle to a session high short of 0.7050 before handing the entire advance back through the North Americ…
The US Dollar (USD) advances on Tuesday as escalating tensions between the United States (US) and Iran push energy prices higher and revive concerns that inflation could remain elevated. The Greenback also benefits from…
The British Pound received a labour market report on Tuesday that beat consensus on nearly every line, and sold off anyway. Sterling slid from a London morning high just above 1.3450 to a New York low just above 1.3350,…
Commerzbank’s Dr. Henry Hao and Moses Lim highlight that the South Korean government has unveiled a major South Korean Won (KRW) internationalisation roadmap, including unlimited KRW transactions with foreign institutio…
While the UK government has announced it will cut VAT on domestic electricity this October from 5% to zero in an attempt to help with the cost of living, British households are still paying more for power than many othe…
USD/CHF edges higher as escalating tensions in the Middle East support the US Dollar (USD), with buyers eyeing a breakout above the 0.8150 resistance level that has capped gains since July 2025. At the time of writing, …
Robert F Kennedy Jr, one of President Donald Trump's most controversial cabinet picks, has been sworn in as the next US Health and Human Services Secretary.
United Overseas Bank’s Quek Ser Leang notes that USD/CNH retains a downside bias in both the 24-hour and 1–3 week horizons, with key support around 6.7600 and strong resistance at 6.7820. Short-term momentum is building…
BNY’s Geoff Yu argues that Prime Minister Andy Burnham’s removal of Value Added Tax (VAT) on household electricity is a test of the United Kingdom’s (UK) fiscal protection strategy. While the measure offers modest relie…
Liverpool’s owner is in talks over selling a significant minority stake to a consortium led by the Queens Park Rangers co-owner Amit Bhatia and backed by his father-in-law Lakshmi Mittal, the billionaire Indian steel ma…
A Reuters poll revealed that the Federal Reserve is most likely to keep interest rates unchanged for the rest of the year as it battles stubbornly high inflation that has remained above the Fed’s 2% goal for at least 5 …
Giant heat pumps, electric vehicles, and new fuel efficient planes are being ordered by an airport introducing major changes to cut its carbon emissions.
The Pound Sterling loses some ground against the US Dollar, down by 0.48%, as risk appetite in the foreign exchange markets deteriorates, with the Greenback reclaiming key technical levels in the US Dollar Index (DXY) a…
Lindt has partially U-turned on its decision to hike prices after Easter chocolate sales dropped.
On the frequent occasions that John Healey would travel abroad as defence secretary, he was so determined to keep working he would get the crew to tether a desk to the inside of his military aircraft so he could read hi…
BNY’s Geoff Yu explains that new 50% U.S. tariffs on selected Canadian goods are a direct trade shock, with Washington citing unfair treatment of US exports and ruling out United States-Mexico-Canada Agreement (USMCA) e…
The maker of Wegovy and Ozempic, Novo Nordisk, has launched legal action accusing its arch rival Eli Lilly of false advertising in suggesting its weight-loss drugs perform better.
Andy Burnham has made lowering the cost of living his first major policy announcement in government, with an immediate tax cut to remove VAT on energy bills.
USD/CAD trades just above the 1.4100 handle into the North American afternoon, up around a fifth of one percent and on track for a second consecutive daily advance. The recovery follows the July slide from the year's hi…
Commerzbank’s Moses Lim and Dr. Henry Hao note that Singapore’s June non-oil domestic exports (NODX) growth moderated to 20.7% year-on-year but remained strong, with electronics exports surging on AI-related semiconduct…
France’s parliament has approved a bill banning social media access for children under 15, making it the first EU country to bar children from apps such as TikTok.