UOB strategists observe that the Federal Open Market Committee (FOMC) kept the Fed Funds Target Rate at 3.50%–3.75% for a fifth meeting, with a 9–3 split as three presidents sought a 25 bps hike. Their base case is an e…
Oil prices are ticking lower for the second consecutive day on Friday, with the US benchmark West Texas Intermediate (WTI) barrel hitting session lows a few cents above $80.00. News reporting a moderate recovery of sea …
Deutsche Bank strategists note that strong Microsoft earnings triggered a global technology rebound, lifting the KOSPI, Nasdaq and semiconductor stocks. The rally helped the S&P 500 record its best day in seven weeks de…
The Euro (EUR) extends the intraday rally to near 185.20 against the Japanese Yen (JPY) after the Bank of Japan’ (BoJ) monetary policy decision during the Asian trading session on Friday. The BoJ has kept interest rates…
USD/CHF gains ground after two days of losses, trading around 0.8070 during the Asian hours on Friday. The pair appreciates as the Swiss Franc (CHF) remains subdued following the release of Swiss Real Retail Sales data,…
GBP/USD loses ground after three days of gains, trading around 1.3450 during the Asian hours on Friday. The pair depreciates as the US Dollar (USD) gains support from a hawkish pause by the Federal Reserve (Fed) and an …
USD/JPY rises after two days of losses, trading around 160.80 during the Asian hours on Friday. The currency pair continues to appreciate as the Japanese Yen (JPY) weakens following the Bank of Japan’s (BoJ) decision to…
West Texas Intermediate (WTI) oil price remains in the negative territory for the second successive day, trading around $82.60 per barrel during the Asian hours on Friday. Crude oil prices have lost ground following ren…
Apple forecast sales for the current quarter ending in September would grow more slowly than Wall Street targeted as the iPhone maker struggled to get the parts it needed to deliver products, and shares fell 5.5% in aft…
Iranian Parliament Speaker Mohammad Bagher Ghalibaf said that the United States (US) will pay the price for killing Iranian civilians, Aljazeera reported on Thursday.
July 28, 2026, 3:51 AM EDT. TaskUs (TASK) advanced 5.1% to $5.80 on heavy trading, extending its four-week rally to 16.7%. The company reported a 36% year-over-year jump in AI Services during Q1 2026, fueled by strong d…
US President Donald Trump claimed his Board of Peace has reached an “historic agreement for the complete disarmament of Hamas and all other armed groups in Gaza,”the Guardian reported on Friday.
Saudi Arabia and 13 other countries announced the creation of an international coalition to safeguard freedom of navigation through the Bab al-Mandeb Strait, the Red Sea and the Gulf of Aden, Reuters reported on Thursda…
Advances in Asia came after an index of chip stocks on Wall Street posted its biggest advance in more than a year. Tech remained in focus with Apple Inc. dropping over 6% in extended trading as supply shortages hurt its…
AUD/USD inches lower after registering over 1% gains in the previous day, trading around 0.7020 during the Asian hours on Friday. The pair remains subdued following the release of disappointing Chinese Purchasing Manage…
The USD/JPY pair is seen building on the previous day's late recovery from sub-158.00 levels, or the lowest since May 14, and gaining positive traction during the Asian session on Friday. Spot prices climb back above th…
Investors are turning their attention to the Bank of Japan’s (BoJ) monetary policy announcement on Friday, after the Japanese Yen (JPY) staged a dramatic rebound during Thursday's American session. The move came amid gr…
The US Dollar (USD) falls sharply during the American session on Thursday after United States economic growth missed expectations and underlying inflation moderated. Additional pressure comes from a sudden surge in the …
USD/JPY trades just above 159.50, down 2.31% and more than five Yen below a high set just short of 164.00. The move arrived in minutes rather than hours, went through the 50-day Exponential Moving Average (EMA) near 161…
Commerzbank FX & Commodity Analyst Volkmar Baur argues that China’s large trade surplus, driven increasingly by green technology exports, is supporting a stronger Chinese Yuan. The bank expects USD/CNY to remain in a 6.…
If anyone thought artificial intelligence was running into a slow patch, let alone running into any fundamental technical or financial hurdles, this week quieted the doubters — at least for now.
TD Securities’ Senior Asia Economist Alex Loo assesses the July Politburo meeting, noting no major new stimulus despite acknowledged growth challenges. The focus is on fiscal execution, accelerating spending and bond us…
Atsushi Mimura, Japan’s Vice Finance Minister for International Affairs and top foreign exchange official, said on Friday that he is in close contact with relevant authorities on foreign exchange, adding that the offici…
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