Independent coverage of UK markets, FCA policy and institutional trading
Commerzbank analysts note that Vietnam’s July inflation eased to 4.5% year-on-year, keeping the average near the 4.5% target, while the trade deficit widened to USD 3.6 billion on strong import growth…
The Mexican Peso (MXN) surges to a six-week high on Tuesday as talks between the US and Iran could reopen the Strait of Hormuz, easing global inflationary pressures by freeing ship traffic. At the tim…
Commerzbank economist Dr. Henry Hao highlights that China’s private manufacturing PMI fell to 50.9 in July, reinforcing signs of slowing factory momentum alongside the official NBS PMI at 49.2. The we…
The Pound Sterling (GBP) trades near 1.3450 against the US Dollar (USD) on Tuesday, higher by 0.11% inside a session range of 36 pips, the second sub-40-pip day cable has produced inside a week. The p…
DBS economist Radhika Rao expects the RBI MPC to keep the benchmark rate at 5.25% with a neutral stance and cautious guidance. The report highlights focus on core inflation, monitoring of West Asia ri…
Speculation of intervention had been building for weeks as USD/JPY climbed back towards its 2024 highs. What caught markets off guard was the coordinated action with the US Treasury, giving last week’…
Rabobank’s Senior Market Strategist Benjamin Picton highlights coordinated action between the US Treasury and Japan’s Ministry of Finance (MoF) to defend the Japanese Yen (JPY), framing it as a potent…
The US Dollar (USD) shows marginal losses against the Swiss Franc (CHF) on Tuesday, as Dollar bulls struggle to find acceptance above 0.8100. Risk-appetite, amid hopes of peace talks between the US an…
Oil prices turn lower as Bessent says U.S. may have Iran deal "today or tomorrow"
United Overseas Bank’s (UOB) Quek Ser Leang notes that the USD Index bias has shifted to the downside after failing to break above the weekly Ichimoku cloud and instead plunging below the 55-week EMA.…
The EUR/USD pair fell towards 1.1417, its lowest since last March, as the US Dollar (USD) soared following the first Federal Reserve (Fed) monetary policy meeting chaired by Kevin Warsh. EUR/USD got t…
EUR/JPY trades around 181.70 on Tuesday, up 0.44% on the day at the time of writing, supported by renewed optimism surrounding the Euro (EUR) and persistent weakness in the Japanese Yen (JPY).
The U.S. dollar has been under pressure in recent months, driven by factors including trade policy uncertainty, interest rate fluctuations and geopolitical tensions. The U.S. Dollar Index — which trac…
Commerzbank’s Volkmar Baur writes that despite South Africa’s reasonable recent performance under pressure from the Iran conflict, the central bank’s July decision to leave its key rate unchanged was …
OTTAWA, April 2025 - The Canadian dollar demonstrates remarkable resilience this week, holding steady against major currencies despite escalating geopolitical tensions in the Middle East and a concurr…
BNY strategists John Velis and David Tam highlight the July Nonfarm Payrolls (NFP) report and upcoming Consumer Price Index (CPI) releases as key inputs for the Fed. They see consensus around 80,000 j…
The Aussie dollar (AUD/USD) has long been a way to express a view on emerging Asia. That may be changing as the region’s currencies begin moving in the same direction against the US dollar.
The Toronto Blue Jays traded right-handed reliever Jeff Hoffman to the Minnesota Twins just before the trade deadline Monday, the teams announced. Toronto will receive left-hander Dasan Hill, right-ha…
Gold price (XAU/USD) declines to near $4,050 during the early Asian session on Tuesday. The precious metal eased slightly from the recent rally after the US paused planned airstrikes against Iran. Tra…
Oil prices fell sharply on Monday amid growing expectations that talks between the US and Iran will resume soon. US President Donald Trump stated that conversations are underway after Tehran said it h…
July 22, 2026, 3:59 AM EDT. Satsuma Technology, a Bitcoin treasury manager listed in London, will sell its BTC assets and return almost all capital after receiving 90% approval from its shareholders. …
NZD/USD trades with a flat tone near the 0.5870 zone on Monday, holding onto the bulk of last week's advance but struggling to extend it as the US Dollar (USD) regains composure. The pair rallied shar…
The Aussie Dollar retraces despite an overall risk-on mood as the US Dollar recovers some ground, sponsored by positive data, and easing geopolitical tensions in the Middle East. The AUD/USD trades at…
ASIAN stocks fell as South Korean chipmakers tumbled, while oil declined and Treasuries rose after US President Donald Trump said fresh US-Iran talks would begin on Monday (Aug 3) – boosting optimism …