Australia Unemployment Rate set to remain at a five-year high of 4.6% in September
The Australian Bureau of Statistics (ABS) will publish the September employment report on Thursday at 00:30 GMT.
Currencies
Australian Dollar reverses gains as hot US inflation boosts US Dollar
AUD/USD reverses its earlier gains on Wednesday, falling 0.34% on the day to trade around 0.6960 at the time of writing. The pair retreats below the psychological 0.7000 level as stronger-than-expected United States (US…
European Central Bank: October skip and limited hikes – BNY
Geoff Yu at BNY Mellon expects the ECB to skip an October rate hike and possibly be done for the year, citing clear guidance on second‑round effects, emerging sovereign risks and French budget uncertainty. He argues tha…
South Korean Won: Equity rout drives downside hedging – MUFG
Michael Wan at MUFG notes that a sharp sell-off in South Korean equities has boosted demand for South Korean Won downside protection. The KOSPI fell heavily, led by semiconductor names amid concerns over Chinese competi…
United States: Core CPI and PCE re-accelerate – TD Securities
TD Securities economists report that US CPI has surprised to the upside for a second month, with core CPI at 0.3% m/m and broad-based strength in goods and services. Supercore remains elevated, and the translation into …
Why is Evonik Industries stock climbing today?
Industry increasingly requires advanced materials for the energy and mobility transitions. Both megatrends depend on highly specialized inputs—whether for more powerful batteries, more efficient energy storage, or scala…
Fed's Bowman signals cautious, data-dependent pause after latest rate hike
Federal Reserve (Fed) Vice Chair for Supervision Michelle Bowman said the central bank needs time to assess how financial markets and the US economy evolve following the latest interest rate hike before considering furt…
CEE FX: Rally may fade as price pressures build - ING
ING’s Frantisek Taborsky argues recent Central and Eastern European (CEE) FX and rates gains may not last. Czech inflation data show core rising to 3.1%, reinforcing expectations for a Czech National Bank (CNB) rate hik…
Hungary: Euro adoption plans hinge on fiscal path – Standard Chartered
Standard Chartered’s Saabir Salad analyzes Hungary’s fiscal outlook and its implications for Euro adoption and the Forint. The Tisza government’s 2027 budget and new medium-term fiscal plan, due this month, are seen as …
China: External trade supports growth – UOB
UOB’s Ho Woei Chen highlights that strong external demand, particularly in technology and AI-related products, is underpinning China’s growth in 2026. Export and import growth have remained robust, widening the trade su…
Canadian Dollar weakens as US CPI puts October Fed hike in play
USD/CAD climbs on Wednesday, reversing the previous day’s losses as the US Dollar (USD) rallies to a fresh year-to-date high following higher-than-expected US inflation data. At the time of writing, USD/CAD trades aroun…
Japanese Yen: Consolidates near 158 against US Dollar - UOB
United Overseas Bank (UOB) strategists Quek Ser Leang and Lee Sue Ann describe choppy USD/JPY price action around 158.35, with Monday’s spike followed by a brief drop below strong support at 157.85.
Gold slides nearly 1.5% as US Dollar and Treasury yields rally after CPI
Gold (XAU/USD) extends its intraday decline on Wednesday after stronger-than-expected US inflation data lift the US Dollar (USD) and US Treasury yields. At the time of writing, XAU/USD trades around $4,095, down 1.57% o…
US Dollar: Bond market calm limits further gains – OCBC
OCBC strategists Sim Moh Siong and Christopher Wong note the US Dollar (USD) has rallied on higher US Treasury yields, energy prices and a hawkish Federal Reserve (Fed) bias, but still lacks conditions for a decisive mo…
Gold Price Forecast: XAU/USD drifts lower with US CPI, Fed speakers in focus
Gold (XAU/USD) extends losses on Wednesday, despite the lower US Treasury yields, with investors looking from the sidelines ahead of the release of September’s US Consumer Price Index (CPI) report and speeches from Fede…
USD/JPY: US Dollar Remains Fundamentally Supported With All Eyes on CPI
US factories. US manufacturing surprised to the upside, with ISM Manufacturing at 54.0 vs 53.3 expected, while S&P Global Manufacturing came in at 55.1 vs 55.3 expected, so the broad signal was still one of solid factor…
Singapore Dollar: MAS pause keeps policy band unchanged – DBS
DBS Group Research economists, led by Chua Han Teng, say the Monetary Authority of Singapore (MAS) left its Singapore Dollar (SGD) Nominal Effective Exchange Rate (NEER) policy band unchanged at the October 2026 review …
CPI Has a Lower Bar, but US Dollar Might Still Have the Higher Floor
Tariff Revenue: New 2025 tariffs have raised $88 billion in revenue year-to-date through August so far, with the new tariffs responsible for about $23 billion in revenues in August alone.
EUR/USD Price Forecast: Gains ground near 1.1150, US CPI awaited
The Euro (EUR) extends its Tuesday’s strong recovery move to near 1.1210 against the US Dollar (USD) during the Asian trade on Wednesday. The major currency pair attracts bids due to the correction in the US Dollar amid…
Lagarde speech: We're not seeing any second round effects yet
European Central Bank (ECB) President Christine Lagarde said on Wednesday that inflation has been rising predominantly but not exclusively as a result of energy prices. Lagarde added that she’s not seeing any second rou…
Gold draws support from retreating USD; holds above $4,150 as traders await US CPI report
Gold (XAU/USD) ticks higher during the Asian session on Wednesday, holding above $4,150 as traders now look forward to the latest US inflation figures before placing fresh directional bets. The US Consumer Price Index (…
Asia FX subdued ahead of U.S. CPI; China data, Singapore GDP in focus
AI demand and the memory supercycle should sustain tech exports, but the outlook for non-tech demand is mixed. We see a North-South monetary policy divide across Asia.
Australian Dollar gains against Japanese Yen as China CPI inflation rises in September
AUD/JPY extends its gains for the second consecutive day, trading around 110.70 during Asian hours on Wednesday. The currency cross holds gains as the Australian Dollar (AUD) remains stronger following the release of Co…
China’s Trade Balance: Surplus unexpectedly expands in September
China's Trade Balance for September, in Chinese Yuan (CNY) terms, arrived at CNY905.97 billion, widening from the previous figure of CNY809.3 billion. The market forecast was for CNY805 billion.