Independent coverage of UK markets, FCA policy and institutional trading
BNY’s Geoff Yu notes that strong U.S. payrolls have lifted September Fed hike odds back toward 60%, leaving rate expectations highly data-dependent as the Fed enters its blackout. With inflation now i…
The GBP/JPY cross meets with heavy supply during the early part of the European session on Monday and weakens below the 209.00 mark, hitting its lowest level since February 24 amid a broad-based rally…
ING’s Chris Turner argues that Euro fundamentals remain contained despite German regional election results highlighting political tensions for Chancellor Merz’s CDU. Solid Eurozone growth and investor…
The Indian Rupee (INR) gains against the US Dollar (USD) at the start of the week. The USD/INR pair drops to near 94.38 as the significant increase in forex reserves due to overwhelming response by No…
This Atlantic Council Strategy Paper explores the relationship between the status of the United States as a geopolitical superpower and the role of the US dollar as the world’s dominant currency. It e…
The EUR/JPY currency pair reached 168.50, its highest since November 2024, driven by a weakening Yen and skepticism over Bank of Japan's tightening ability. Increased trading volumes and bullish techn…
DBS Group Research strategist Philip Wee highlights growing downside risks in CHF/JPY after the cross failed to re-enter its February–July 198–204 range and slipped to 193. He notes scope for a move t…
The USD/JPY pair struggles to capitalize on Friday's modest bounce from the vicinity of early August lows and kicks off the new week on a softer note. Spot prices currently trade just below the 156.00…
The EUR/USD pair posts modest gains near 1.1615 during the early Asian session on Monday. However, the potential upside for the major pair might be limited amid a stronger-than-expected U.S. August No…
The NZD/USD pair attracts some sellers during the Asian session on Monday and currently trades near the 0.5870 region, down around 0.15% for the day. Spot prices, however, remain confined within Frida…
West Texas Intermediate (WTI) gains ground after registering losses in the previous trading day, hovering around $90.00 per barrel during Asian hours on Monday. Crude oil prices climb following a fres…
USD/CAD remains steady after registering modest gains in the previous day, trading around 1.3830 during Asian hours on Monday. However, the pair could face downside pressure as the commodity-linked Ca…
GBP/USD inches higher after posting minor losses in the previous day, trading around 1.3520 during Asian hours on Monday. The currency pair gains ground as the US Dollar (USD) struggles, possibly driv…
In 2024, the global space economy was valued at approximately $418 billion, with projections indicating a compound annual growth rate (CAGR) of 6.7% from 2025 to 2034. This growth is driven by increas…
The Japanese yen is close to its lowest level in 40 years and has been the weakest currency in the FX market for several years. However, since the end of January 2026, it has shown a bullish impulse t…
OpenAI has published an official statement on the German wiki case, the site where some of its agents left roughly 18,000 messages between May and June. In the same piece, the company links that episo…
Taiwan's Foxconn, the world's largest contract electronics maker, offered a bullish outlook on AI-related demand on Wednesday saying it would be a big driver of 2026 growth, and teased an announcement…
OCBC’s Christopher Wong notes that Bank Negara Malaysia (BNM) kept the OPR at 2.75% and struck a slightly firmer tone, with growth expected to stay resilient into 2027. The economist still projects an…
Commerzbank says China’s August Services PMI rebound highlights some resilience in private-sector activity, but weak retail sales, soft inflation and higher unemployment still point to fragile domesti…
OCBC’s Christopher Wong notes that USD/IDR has pulled back as a softer Dollar and lower UST yields support the Indonesian Rupiah. He highlights Bank Indonesia Governor Destry Damayanti’s emphasis on a…
The USD/CHF registers modest gains of over 0.30% as the Greenback is boosted by a solid US Nonfarm Payrolls report, pushing the pair above the 50-day Simple Moving Average (SMA) to reach a daily high …
International precious metals markets staged a powerful rally on September 3, with gold futures briefly approaching the historic $4,500 per ounce threshold and spot silver reclaiming the $66 level. Th…
DBS Group Research economist Chua Han Teng notes that Bank Negara Malaysia (BNM) held the Overnight Policy Rate at 2.75% while dropping language that the current level is appropriate. DBS expects rate…
OCBC’s Christopher Wong notes that strong foreign-currency inflows linked to the RBI’s special measures have bolstered the Indian Rupee (INR) and strengthened the central bank’s FX buffer. However, wi…