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Finance
Chris Turner at ING highlights that EUR/USD is holding up despite higher energy prices and French budget risks, helped by unwinding of heavy US tech and Dollar positions. He sees Fed tightening expectations remaining fi…
Finance
Danske Research Team notes that Japan’s September Consumer Price Index (CPI) and October flash Purchasing Managers' Index (PMI) data are due overnight, following recent Tokyo inflation figures that signaled stronger cor…
Finance
Societe Generale analysts observe that Gold has formed an interim low near $4,065 and is consolidating in a narrow range. They flag resistance at $4,200/4,225 and warn that failure to break higher could trigger a deeper…
Finance
The Indian Rupee (INR) fails to extend its winning streak for the eighth trading day against the US Dollar (USD). The USD/INR pair rebounds sharply to near 94.91 after attracting signfiicant bids at around the seven-wee…
Finance
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is remaining subdued for the third consecutive day and trading near 101.50 during the European hours on Thursday.
Finance
The AUD/USD pair loses momentum to around 0.7015 during the early Asian trading hours on Thursday. Risk-off bias and safe havens flows provide some support to the US Dollar (USD) against the Australian Dollar (AUD). Tra…
Finance
The USD/JPY pair holds steady above the 158.00 mark during the Asian session on Thursday, extending its consolidative price action witnessed since the beginning of this month amid a combination of diverging forces. Trad…
Finance
USD/CAD extends its losing streak for the sixth consecutive day, trading around 1.4040 during Asian hours on Thursday. The currency pair experienced downward pressure as the commodity-linked Canadian Dollar (CAD) gained…
Finance
The GBP/USD pair enters a bullish consolidation phase during the Asian session on Thursday, trading just below the 1.3400 mark and near its highest level since September 16, touched earlier this week. Meanwhile, the fun…
Finance
The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, struggles to gain any meaningful traction on Thursday, trading around the 101.70 region during the Asian session. The index, however,…
Finance
Standard Chartered’s Dan Pan expects Banco de la República to deliver a final 25bps rate hike at the 30 October meeting, citing a positive output gap, high Oil prices and El Niño-related inflation risks. Pan notes susta…
Finance
Elias Haddad at Brown Brothers Harriman reports that Bank Indonesia left its policy rate unchanged at 5.75% for a fourth meeting, even as IDR weakened slightly following MSCI’s downgrade consultation. BI expects the cur…
Finance
Stats NZ's third-quarter Consumer Price Index (CPI) comes at 21:45 GMT on Wednesday, with NZD/USD just under its 50-day average and the Reserve Bank of New Zealand (RBNZ) deciding on October 28. The pair trades just abo…
Finance
The Mexican Peso (MXN) weakened for the second straight day on Wednesday, down more than 1.49% against the US Dollar (USD), as the US-Iran conflict continues to underpin Oil prices and increases the chances that the Fed…
Finance
MUFG’s Michael Wan notes stabilising global risk sentiment but highlights growing concerns over sustainability of the AI trade and its spillover to FX markets. He expects 2027 to be more challenging for risk assets, wit…
Finance
Geoff Yu highlights that Polish bonds are under-owned compared with Hungarian paper, with holdings having halved as Eurozone steepening and fiscal risks weighed on performance. He argues that potential fiscal reform and…
Finance
James Smith at ING highlights that UK inflation pressures remain concentrated in energy, with food and services inflation surprisingly subdued. Headline inflation printed 3.5% in September and is expected to peak near 4…
Finance
Nomura’s UK budget preview expects Chancellor Healey, at his first budget on 28 October, to allow fiscal headroom to fall to around £15bn. Following September public finance data, the cash deficit is no longer surprisin…
Finance
Danske Bank’s Danske Research Team outlines US political tail risks ahead of the 3 November midterm elections. Early voting is underway in over 40 states and prediction markets still favor Democrats retaining control of…
Finance
Geoff Yu at BNY Mellon argues that Hungary has become a positive fiscal outlier in CEE, front‑loading consolidation to pursue Eurozone entry by 2030.
Finance
Silver (XAG/USD) declines on Wednesday, trading around $57.50, down 0.89% at the time of writing. The precious metal remains under pressure as rising United States (US) Treasury yields and a modest recovery in the US Do…
Finance
ING’s James Smith expects the Bank of England (BoE) to raise interest rates in November and February as a precaution against second-round inflation effects, even as evidence of broader spillovers from higher energy pric…
Finance
Deutsche Bank anticipates around 25–30 policy measures in the Autumn Budget, with modest consolidation and backloaded tax increases. A higher bank surcharge, online marketplace VAT collection and dividend tax hikes are …
Finance
France’s ballooning debt, coupled with social unrest getting out of control, is posing a perfect storm in the bond market, and boosting the yield of the 10-year Obligation Assimilable du Trésor (OAT) to levels above 5% …