Independent coverage of UK markets, FCA policy and institutional trading
China growth improves. China’s economy expanded 4.5% y/y in Q3, above the 4.4% forecast and up from 4.3% in Q2. September industrial production accelerated to 5.5%, while retail sales rose 1.1% vs 0.5…
Brown Brothers Harriman’s (BBH) Elias Haddad assesses Brazilian assets following President Lula’s surprise reelection. Haddad expects short-term downside for the Brazilian Real (BRL) as markets unwind…
Brown Brothers Harriman’s (BBH) Elias Haddad expects the Federal Reserve (Fed) to leave the Fed funds rate at 3.75–4.00% this week, with futures pricing only a small chance of a move. Strong US data a…
The Euro (EUR) bounces up against the British Pound (GBP) on Monday, favoured by a somewhat brighter market sentiment, as Oil prices retreat from six-month highs and France’s debt rating spared a down…
The dollar is starting a busy week relatively supported. It is a week that includes key events such as Wednesday's FOMC meeting, third-quarter earnings from big tech companies and geopolitical events,…
Gold (XAU/USD) clings to modest intraday gains above the $4,000 psychological mark through the early European session, though the lack of follow-through buying warrants some caution before positioning…
The FX market spent most of the week doing what it has done remarkably well all year: making the major pairs look deceptively calm while the real action was taking place underneath the hood on the not…
NZD/USD moves little after posting modest gains in the previous trading day, hovering around 0.5700 during Asian hour on Monday. The pair may regain its ground as the New Zealand Dollar (NZD) could re…
The Indian Rupee (INR) extends its losing streak against the US Dollar (USD) for the third trading day on Monday. The USD/INR pair jumps to near 95.20 as the Indian currency faces pressure due to elev…
Danske Bank strategists expects EUR/USD to move gradually lower from around 1.12. Softer-than-expected Euro area Purchasing Managers' Index (PMI) data point to moderating growth momentum, while upcomi…
HSBC Asset Management discusses how the AI-led tech sell-off exposed fragility in mega-cap indices like the S&P 500 and Nasdaq. The report argues that equal-weighted benchmarks and left-behind sectors…
Follow below for the latest on the protests and unrest in France and other parts of Europe on Saturday, October 24, 2026:
The Australian Dollar finished Friday’s session with gains of over 0.22% and the week up by more than 1.20%, with the pair reclaiming the 0.7000 figure and poised to test a confluence of key resistanc…
The Japanese Yen finished the week on a higher note as the USD/JPY pair registered losses of over 0.74% in the week, while holding firm daily amid a sour market mood. The pair trades at 156.85 as a ‘h…
OCBC strategists Christopher Wong and Sim Moh Siong describe South Korean Won's (KRW) initial strength and subsequent retracement as broader risk aversion resurfaced.
Silver (XAG/USD) price downtrend extended on Friday, losing over 1% after hitting a new yearly low of $53.03, paving the way for sellers to challenge the $50.00 level in the foreseeable future. At the…
Tatha Ghose at Commerzbank reports that Turkey’s Central Bank of the Republic of Türkiye (CBRT) cut its one-week repo rate by 100bp to 36.0%, alongside similar moves in overnight rates. Despite acknow…
Commerzbank’s Charlie Lay and Dr. Henry Hao highlight that the Bank of Korea (BoK) kept its policy rate at 3.00% after two prior hikes, but delivered a clearly hawkish message. Strong semiconductor ex…
The Mexican Peso (MXN) appreciates about 0.30% on Friday against the US Dollar (USD), but it remains poised to end the week with losses of more than 1% even as risk appetite soured amid a potential es…
EUR/USD trades on the back foot on Friday as the US Dollar (USD) regains some ground alongside US Treasury yields following Thursday’s decline. France’s fiscal concerns add pressure on the Euro (EUR),…
OCBC strategists Christopher Wong and Sim Moh Siong note Philippine Peso (PHP) remains under pressure even after a larger-than-expected 50bp Bangko Sentral ng Pilipinas (BSP) hike to 5.50%, reflecting…
USD/CAD slips below 1.4000 to its lowest level in a month on Friday, extending its losing streak to seven consecutive days as traders expect the Federal Reserve (Fed) and the Bank of Canada (BoC) to t…
Two days of Houthi attacks in Saudi Arabia and strikes on ships leaving the Strait of Hormuz have taken WTI above the $95.00-$101.00 band it held from Monday to Thursday. It has risen from near $98.50…
Business activity in the United States (US) private sector showed continued expansion in October, according to preliminary data released by S&P Global on Friday.