National Bank of Canada's (NBC) Taylor Schleich and Ethan Currie expect the Bank of Canada (BoC) to keep its overnight rate at 2.25% and maintain current balance sheet policy. They argue markets still overprice late-202…
ING’s commodities team, led by Warren Patterson and Ewa Manthey, reports that Gold came under pressure after Federal Reserve Chair Kevin Warsh reinforced a higher-for-longer rates narrative, supporting the Dollar. They …
GBP/JPY trades on the back foot on Monday as the Japanese Yen (JPY) strengthens against its major peers. The Pound Sterling (GBP), meanwhile, lacks a fresh domestic catalyst as UK markets remain closed for the Summer Ba…
BNY’s Wee Khoon Chong notes Oil prices are underpinned by renewed U.S.–Iran tensions near the Strait of Hormuz and President Trump’s claim of a deal granting U.S. majority control over Venezuela’s vast reserves. Chong s…
It was a "good week" for the Australian dollar, the currency climbing to fresh leg highs of 0.7208 against the US dollar Friday night and reaching multi-year highs against several major currencies. However, the move cam…
Gold (XAU/USD) trades flat on Monday after opening the week lower and briefly falling below $4,400, its lowest level since August 19, during Asian trading hours. The metal lacks strong upside momentum as hawkish Federal…
Financial markets adopt a cautious stance on the last day of August as investors assess shifting odds of a Federal Reserve (Fed) interest rate hike in September and re-escalating tensions in the Middle East. The economi…
United Arab Emirates (UAE) Presidential Adviser Anwar Gargash said during the European trading session on Monday that political solutions must begin with de-escalation and restoring normal shipping through the Strait of…
USD/IDR extends its gains for the second successive day, trading around 17,790 during the European hours on Monday. However, the upward momentum for USD/IDR remains capped by broader US Dollar (USD) weakness.
Geoff Yu at BNY argues that upcoming German CPI and Eurozone flash CPI are critical for European Central Bank expectations, with markets already pricing a near-certain September hike. While services inflation is softeni…
US Treasury Secretary Scott Bessent said on Sunday recent Japanese Yen (JPY) moves were "pretty well contained," suggesting the Japanese currency's renewed weakness were not seen as the kind of disorderly moves that l…
Gold (XAU/USD) struggles to capitalize on a modest intraday bounce from sub-$4,400 levels – a one-and-a-half-week low – and sticks to a negative bias heading into the European session on Monday. The US Dollar (USD) ease…
US Central Command (CENTCOM) struck Iranian rocket launchers that were preparing to send mines into the Strait of Hormuz, following weeks of relative calm, Bloomberg reported on Sunday.
The AUD/USD pair loses traction to near 0.7160 during the early Asian session on Monday. The US Dollar (USD) strengthens against the US Dollar (USD) after Federal Reserve (Fed) Chair Kevin Warsh hinted that rate hikes m…
Rebecca Patterson is a senior fellow at the Council on Foreign Relations, a globally recognized investor, and macroeconomic researcher.
Wall Street kicked off the week with a flurry of bold calls on some of the market's most closely watched names, and at least one stock just scored a target price hike of more than 50 percent from a major…
Commerzbank’s Charlie Lay reports that the Bank of Korea (BoK) delivered a second consecutive 25 bp hike to 3.0% and kept a tightening bias, supporting KRW after its sharp appreciation since June. The bank expects a nea…
DBS Group strategists Taimur Baig and Nathan Chow forecast Vietnam’s goods exports to maintain strong double-digit growth at 27% year-on-year in August 2026, led by electronics and supported by external demand. Retail s…
The Mexican Peso (MXN) depreciates against the US Dollar (USD) on Friday, down by over 0.42% on hawkish remarks by Federal Reserve (Fed) Chair Kevin Warsh at the Jackson Hole Symposium. This prompted investors to price …
DBS Group Research economists Radhika Rao and Chua Han Teng note that Bangko Sentral ng Pilipinas (BSP) raised its policy rate by 25 bps to 5.0% to anchor inflation expectations and support the Peso. Philippine Peso (PH…
Sports prediction markets are federally regulated in all 50 states, but knowing the states where you can use apps like Kalshi and Polymarket is challenging for new users. That's because some states are suing, causing sp…
Commerzbank’s Volkmar Baur challenges recent internal analysis on CNY undervaluation and exports, arguing that China’s exchange-rate management and gold purchases point to deliberate weakening. He highlights China’s out…
Commerzbank’s Charlie Lay reports the Bank of Korea has delivered back-to-back 25bp hikes to 3.0%, front-loading tightening as growth and core inflation forecasts rise. The bank signals one more hike over six months but…
DBS Group strategists Taimur Baig and Nathan Chow expect Bank Negara Malaysia (BNM) to keep its Overnight Policy Rate unchanged at 2.75% on September 3, maintaining the stance adopted after its July 2025 insurance cut. …
