Independent coverage of UK markets, FCA policy and institutional trading
Producer inflation in the United States (US), as measured by the change in the Producer Price Index, climbed to 6.3% in September from 5.6% in August. This print surpassed the market expectation of 5.…
ING’s team sees the Forint supported by fiscal consolidation expectations and steps toward Euro adoption, but warns that global factors such as higher energy prices, a strong US Dollar and eurozone bo…
EUR/USD trades on the front foot on Thursday as falling US Treasury yields weigh on the US Dollar (USD). However, the Euro’s (EUR) upside appears limited as stronger-than-expected US economic data rei…
OCBC’s Sim Moh Siong and Christopher Wong note that hotter US CPI has revived Federal Reserve tightening fears, but the US Dollar’s rally has been constrained by reversing Treasury yields and AI-led e…
Dow Jones futures rise by 0.46% to trade near 52,090 during European hours on Thursday. S&P 500 futures decline 0.33% to trade around 7,740, while Nasdaq 100 futures fall by 1.30% to near 29,780.
EUR/CAD halts its three-day losing streak, trading around 1.5930 during European hours on Thursday. However, the currency cross may further face challenges as the Euro (EUR) could weaken amid French d…
Commerzbank’s Dr. Henry Hao highlights a sharp acceleration in China’s September exports and a record trade surplus with both the US and EU. Producer prices rose faster than expected, driven by Oil an…
The bond market has been under the spotlight recently, with the tumble in AI-related bonds triggering a wave of red flags. This development has sent ripples across the financial landscape, prompting a…
Gold (XAU/USD) attracts fresh buying on Thursday as weakness across global equities, driven by mounting concerns over AI-related investments, triggers a sharp pullback in US Treasury yields and drags …
The US Dollar (USD) trades lower against the Japanese Yen (JPY) on Thursday as US Treasury yields extend their reversal from multi-decade highs after the Federal Reserve (Fed) cooled hopes of back-to-…
ING’s Frantisek Taborsky highlights slightly higher final Polish inflation and unchanged core forecasts, with most Monetary Policy Committee members signalling that December is the earliest for rate-h…
Bank of England (BoE) Deputy Governor for Financial Stability Sarah Breeden said at the sidelines of the International Finance Annual membership meeting that the pass-on of energy price shock to wages…
The USD/JPY pair extends the previous day's rejection slide from the 159.00 neighborhood, or a three-week top, attracting some follow-through selling during the Asian session on Thursday. The downward…
Gold (XAU/USD) maintains its intraday bullish tone through the first half of the European session on Thursday, looking to build on the momentum further beyond $4,150 amid a broadly weaker US Dollar (U…
Bank of Japan Board Member Junko Koeda said on Thursday that attention focused on price upside risks from Japanese Yen (JPY) depreciation, robust global AI demand, and the Middle East situation impact…
Yemen's Houthis vowed on Wednesday to continue targeting airports and oil facilities in Saudi Arabia. The threat came a day after an attack reportedly caused extensive damage to the headquarters of oi…
West Texas Intermediate (WTI) declines after five days of gains, trading around $93.10 per barrel during Asian hours on Thursday. Oil prices experienced a decline as the Trump administration considers…
The Australian Bureau of Statistics (ABS) will publish the September employment report on Thursday at 00:30 GMT.
Commerzbank analysts report that Bank of Korea Governor Shin Hyun-song sees inflation, exchange rate and financial stability pointing policy in the same direction, ahead of the 22 October meeting wher…
The Mexican Peso (MXN) depreciates versus the US Dollar (USD) on Wednesday, down 0.65% on the heels of hot US inflation data, fueling bets that the Federal Reserve (Fed) could raise rates at the Octob…
The US Federal Reserve (Fed) released its Beige Book, a qualitative report that summarises regional and national economic conditions and is used by the Federal Open Market Committee (FOMC) at each of …
Richmond Federal Reserve (Fed) President Thomas Barkin, a voter in 2027, said Wednesday that he doesn’t see AI job losses happening at scale, adding that investment is mostly focused on AI.
EUR/USD loses nearly 0.50% on Wednesday as stronger-than-expected US inflation data reinforce expectations of further Federal Reserve (Fed) rate hikes, lifting the US Dollar (USD) to fresh year-to-dat…
USD/CAD climbs on Wednesday, reversing the previous day’s losses as the US Dollar (USD) rallies to a fresh year-to-date high following higher-than-expected US inflation data. At the time of writing, U…