Independent coverage of UK markets, FCA policy and institutional trading
Nordea’s Jan von Gerich expects the European Central Bank to leave policy rates unchanged at the July meeting, describing it as a pause rather than a shift in stance. Lower-than-expected June inflatio…
Societe Generale’s Anatoli Anenkov expects no policy change at next week’s European Central Bank (ECB) meeting, with the central bank reiterating its data-dependent, meeting-by-meeting approach. Recen…
USD/CHF trades around 0.8070 at the time of writing on Friday, down 0.22% on the day. The pair remains under pressure as safe-haven demand for the Swiss Franc (CHF) offsets modest support for the US D…
Wells Fargo Economics has raised its global Gross Domestic Product (GDP) forecast to 2.7% for 2026 and trimmed global Consumer Price Index (CPI) to 4.3%, reflecting a slightly lower Oil price path. Th…
Federal Reserve (Fed) Bank of Cleveland President Beth Hammack said in a LinkedIn post on Friday that inflation pressure remains broad-based, with businesses calling for policy action and consumers ex…
Silver (XAG/USD) trades around $55.50 at the time of writing on Friday, virtually unchanged on the day, but remains on track to post a weekly loss of nearly 7%. Despite an increasingly tense geopoliti…
TD Securities’ Macro Research team, led by Howard Du with contributions from Jayati Bharadwaj and Linda Cheng, argues that the recent Pound strength versus the Euro has overshot fundamentals. They hig…
NZD/USD declines on Friday, trading around 0.5830 at the time of writing, down 0.19% on the day, as investors seek safe-haven assets following a fresh wave of US strikes against Iran. The US Dollar (U…
The Indian Rupee (INR) opens marginally higher against the US Dollar (USD) while entering the weekend. The USD/INR pair ticks down to near 96.30 as the Indian currency rises, following Reserve Bank of…
OCBC Bank strategists Sim Moh Siong and Christopher Wong highlight that the US Dollar (USD) remains supported by its yield advantage and safe-haven status, with FX moves still fitting the USD smile fr…
Gold (XAU/USD) holds firm on Friday but lacks bullish momentum as rising Oil prices revive inflation concerns and reinforce expectations that the Federal Reserve (Fed) could raise interest rates later…
MUFG’s Derek Halpenny highlights that the Japanese Yen (JPY) remains near cyclical lows, but Government Pension Investment Fund (GPIF) and Japan Trusts flows already show a shift back toward JGBs. He …
TD Securities strategists see asymmetric downside risks for the British Pound (GBP) against the Euro (EUR). They argue that EUR/GBP appears notably undervalued relative to rate differentials, data sur…
Luxury stocks tanked early Wednesday after Gucci-owner Kering and Hermes reported first-quarter earnings that disappointed investors amid a conflict in the Middle East that is hitting luxury sales.
West Texas Intermediate (WTI) – the benchmark US Crude Oil price – extends its sideways consolidative price moves for the fourth straight day and trades around the $79.00 mark through the first half o…
Commerzbank’s Volkmar Baur notes EUR/USD is struggling for clear direction as the Iran conflict, Oil prices, and diverging inflation dynamics cloud the outlook. He highlights a strong link between Oil…
The NZD/USD pair edges lower to around 0.5840 during the early European session on Friday. The New Zealand Dollar (NZD) weakens against the US Dollar (USD) as escalating tensions in the Middle East tr…
Deutsche Bank’s Early Morning Reid describes a broad slump in global equities driven by renewed doubts over the AI trade. The S&P 500 fell 0.51% with futures down further, while the Nikkei, CSI 300 an…
Gold (XAU/USD) attracts some buyers during the Asian session on Friday, reversing a part of the previous day's losses back closer to the monthly low. Any meaningful recovery, however, seems elusive am…
Despite TSMC (2330.TW) delivering a stellar report card at its earnings call after the market close on July 16—highlighted by a 77% surge in net profit for the previous quarter and an upward revision …
The search for the best fast-food tacos is not a quest to be taken lightly. When you’re craving them—like within 10 minutes or else—there are a plethora of options on hand. This is a great thing. The …
Silver price (XAG/USD) remains subdued for the third successive day, trading around $55.50 per troy ounce during the Asian hours on Thursday. Silver is on track to drop over 7% this week as escalating…
Taco Bell has issued a statement as the fast food chain pulls certain ingredients from some locations amid the outbreak of parasitic infections causing "explosive" diarrhea across the U.S.
The USD/JPY pair posts modest gains near 162.40 during the Asian trading hours on Friday. The US Dollar (USD) strengthens against the Japanese Yen (JPY) as the United States (US) launches a new wave o…