Independent coverage of UK markets, FCA policy and institutional trading
HSBC’s FX Viewpoint, dated 2 November 2026, reviews the latest FOMC decision and its implications for the Dollar. The Federal Reserve kept rates at 3.75-4.00% but signalled that a December hike remain…
ING’s Chris Turner says Sterling is trading relatively well as markets fully price a 25bp Bank of England (BoE) rate hike to 4.00% on Thursday. He cites high energy prices, better United Kingdom (UK) …
The US Dollar (USD) has retraced most of its previous losses on Monday, but remains on the defensive with investors wary of holding large US Dollar longs ahead of the US midterm elections, while growi…
Australia’s share market recorded slight gains by the close on Friday despite a massive sell-off in Wall Street technology shares.
Rabobank's Senior FX Strategist Jane Foley notes that the Reserve Bank of New Zealand's (RBNZ) unexpected decision to keep rates unchanged surprised markets positioned for a hike. The central bank hig…
It's a calmer start to the new week/month as we get November trading underway. After the bloodbath on Wall Street at the end of last week, we are seeing a steadier mood today but one that looks to be …
Societe Generale's Anatoli Annenkov expects French fiscal uncertainty to sustain bond-market volatility beyond the 2027 elections. He explains why ECB intervention remains unlikely for now and how TPI…
Gold (XAU/USD) extends its recovery during American trading hours on Monday, supported by falling Oil prices following positive headlines on US-Iran talks. The metal regains ground after hitting a fre…
Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Abu Dhabi's Crown Prince and Abu Dhabi Executive Council's Chairman, met OpenAI CEO Sam Altman in the capital to discuss opportunities to strengthen coop…
Bar chart comparing favorability ratings of the Democratic Party, Republican Party, and President Trump. President Trump has the highest rating at 38.8%, followed by the Democratic Party at 38.3%, whi…
Chinese authorities have done well to keep USD/CNY under control in 2025. We expect the same again for 2026. Asian high-yielders have had a bad year, but if one of them is to recover, we would expect …
The EUR/USD pair gathers strength to near 1.1175 during the early European trading hours on Monday. The Euro (EUR) edges higher against the US Dollar (USD) as the Eurozone and German Gross Domestic Pr…
Gold (XAU/USD) clings to modest intraday gains above the $3,900 mark heading into Monday’s European session, albeit it lacks follow-through buying amid mixed fundamental cues. The US Dollar (USD) attr…
The Japanese Yen (JPY) is down against its major currency peers, except antipodeans, at the start of the week. In the early European trade, the US Dollar (USD) is up 0.17% at around 157.77 against the…
The Indian Rupee (INR) extends previous trading day’s gains against the US Dollar (USD) on Monday on the back of a sharp correction in oil prices. As of writing, the USD/INR pair is down 0.23% to near…
The GBP/USD pair attracts some dip-buyers at the start of a new week and climbs back to the 1.3400 mark during the Asian session, stalling its modest pullback from the highest level since September 16…
Gold price (XAU/USD) recovers some lost ground to near $3,895 during the early Asian trading hours on Monday. The precious metal edges higher after falling to its lowest level of $3,870 in the previou…
West Texas Intermediate (WTI) oil price depreciates after three days of gains, trading around $101.20 per barrel during Asian hours on Monday. Oil prices declined as the Organization of Petroleum Expo…
The AUD/USD pair declines to around 0.7025 during the early Asian session on Monday. The US Dollar (USD) strengthens against the Australian Dollar (AUD) amid elevated geopolitical tensions in the Midd…
China’s Manufacturing Purchasing Managers' Index (PMI) dropped to 49.3 in October, compared to 50.1 in the previous reading, China’s National Bureau of Statistics (NBS) reported on Saturday. The readi…
Japanese Finance Minister (FM) Satsuki Katayama said on Monday that the Joint FX statement with the United States (US) persists and the government will act against disorderly moves.
Here’s a brief recap of the key developments in the Middle East war that occurred over the weekend, which are expected to have a significant impact on markets in the upcoming week.
RIYADH: Saudi Arabia’s Tadawul All Share Index slipped on Sunday, losing 83.22 points, or 0.84 percent, to close at 9,838.28.
Gold (XAU/USD) tanked to a new year-to-date (YTD) low of $3,880 on Friday, clearing the $3,900 threshold for the first time since October of last year. The Greenback and US Treasury yields edged highe…