Independent coverage of UK markets, FCA policy and institutional trading
Brown Brothers Harriman’s Elias Haddad notes United Kingdom (UK) September Consumer Price Index (CPI) surprised to the upside, pushing British Pound (GBP) higher against both the Dollar and Euro. Hadd…
ING’s Francesco Pesole expects New Zealand’s 3Q CPI to slow to 3.8%, broadly matching consensus and slightly under the RBNZ’s projection, with any upside surprise reinforcing expectations of an Octobe…
France’s ballooning debt, coupled with social unrest getting out of control, is posing a perfect storm in the bond market, and boosting the yield of the 10-year Obligation Assimilable du Trésor (OAT) …
Societe Generale analyzes USD/ZAR after its rebound above the 200-DMA, with an interim high near 16.75 and a current pullback towards 16.37. The bank stresses the importance of the pair holding above …
The AUD/JPY cross trades in positive territory around 110.90 during the early European trading hours on Wednesday. However, the potential upside for the cross might be limited amid hawkish comments fr…
The British Pound (GBP) trades 0.1% higher at around 1.3395 against the US Dollar (USD) during the European trading session on Wednesday. The British currency strengthens as hotter-than-expected Unite…
USD/CHF gains ground after posting losses the previous day, trading around 0.8260 during Asian hours on Wednesday. The pair appreciates as the US Dollar (USD) receives support safe-haven demand amid r…
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is inching higher after posting modest gains in the previous day and trading near 101.80 during…
The Indian Rupee (INR) opens sharply higher against the US Dollar (USD) on Wednesday after a holiday the previous day. The USD/INR pair posts a fresh six-week low near 96.40 amid continued underperfor…
Gold (XAU/USD) maintains an offered tone heading into the European session, trading near the weekly low it touched earlier this Wednesday, with bears still awaiting a sustained break and acceptance be…
The United Kingdom (UK) headline Consumer Price Index (CPI) climbed 3.5% over the year in September, compared to a rise of 3.1% in August, the data released by the Office for National Statistics (ONS)…
The AUD/USD pair trades with a positive bias for the fourth straight day, holding steady above the 0.7000 psychological mark during the Asian session on Wednesday and flirting with the monthly high it…
Bank of Japan (BoJ) Deputy Governor Ryozo Himino said on Wednesday that underlying inflation is almost at the 2% target, adding that financial conditions still accommodative.
West Texas Intermediate (WTI) – the benchmark US Crude Oil price – attracts fresh buyers during the Asian session on Wednesday, though it struggles to capitalize on the momentum beyond the $99.00 mark…
Silver (XAG/USD) slides below mid-$57.00s during the Asian session on Wednesday, retreating further from the weekly top, around the $58.60 area, touched the previous day. The white metal, however, rem…
Reserve Bank of Australia (RBA) Deputy Governor Andrew Hauser said on Wednesday that he’s still finalizing forecasts and is uncertain about board decisions. Hauser added that the inflation outlook app…
Cheaper Crude Oil and a weaker Dollar elsewhere did little for the Yen on Tuesday, and USD/JPY ended about where it has ended most of October. It fell from about 158.50 to the session low and recovere…
Japanese Finance Minister (FM) Satsuki Katayama said on Wednesday that the government is coordinating closely with the Bank of Japan (BoJ) and there is no major divergence on inflation outlook and pol…
West Texas Intermediate (WTI) oil price appreciates after two days of losses, trading around $98.60 during Asian hours on Wednesday. Crude oil prices gained ground as traders assessed mixed reports re…
The EUR/USD pair loses ground to near 1.1225 during the early Asian trading hours on Wednesday. The Euro (EUR) softens against the US Dollar (USD) as French protests and fiscal strains keep traders ca…
Megan Greene, a member of the Bank of England's (BoE) Monetary Policy Committee (MPC), said on Tuesday that she is concerned “over [the] BoE estimate of target-consistent pay growth,” and added that m…
Gold (XAU/USD) drifts lower on Tuesday even as US Treasury yields dive and the US Dollar weakens, with a light US economic docket mostly ignored by investors ahead of Federal Reserve’s (Fed) meeting n…
MUFG’s Michael Wan reports Indonesia has pledged new equity-market reforms to restore investor confidence, including excluding tightly owned stocks from the Jakarta Composite Index and disclosing affi…
EUR/USD extends its intraday advance during American trading hours on Tuesday as Oil prices reverse sharply following reports of progress toward renewed US-Iran negotiations, pushing the US Dollar (US…