U.S. midterms: Breaking down expected impact on equities
The stock market under President Trump gained more than 37% from the 2024 election through September 25, 2026, as corporate earnings growth supported stock prices.
Currencies
Analysis-AI’s race to transform the world before the money runs out
AI infrastructure will shape the global balance of power. Democracies have a narrow window to pull ahead.
Silver Price Forecast: Bears crowd $60 after six-percent weekly rout
Silver price retreats on Friday, dropping about 0.76% as US Treasury yields edged higher, capping US Dollar depreciation, while investors punished the Greenback following a soft US jobs report. The XAG/USD trades at $60…
Exclusive-China demands copper supply commitments for Anglo Teck merger approval, sources say
Industrial stocks offer opportunities across different stages of the economic cycle. Selecting names requires balancing long-term catalysts with near-term uncertainty.
Gold fails at $4,200 despite NFP miss as US yields climb
Gold prices dropped on Friday, with the yellow metal struggling to decisively break the $4,200 milestone. The precious metal is down nearly 1% as US Treasury yields edge higher following a less-than-stellar US employmen…
Mexican Peso rebounds but carry trade exodus still bites
The Mexican Peso (MXN) recovers some ground versus the US Dollar (USD) on Friday, gaining 0.5%, but it remains poised to end the week with a 3% loss as investors exit the 'carry trade' amid a narrowing of the interest r…
Fed’s Goolsbee says inflation now outweighs labor concerns
Chicago Federal Reserve (Fed) President Austan Goolsbee said in an interview with Fox Business that the labor market is steady and that “the inflation side of the Fed’s job is more important.”
RBI to keep tightening risks alive – MUFG
MUFG analysts Lin Li, Michael Wan, Lloyd Chan and Khang Sek Lee highlight that Asia FX will be driven by the Reserve Bank of India’s (RBI) finely balanced decision on 7 October. They expect RBI to keep rates on hold but…
New Zealand Dollar rebounds after sharp US employment disappointment
NZD/USD advances on Friday and trades around 0.5610 at the time of writing, up 0.12% on the day. The New Zealand Dollar (NZD) benefits mainly from the decline in the US Dollar (USD), which comes under pressure following…
Australian Dollar trades higher against US Dollar ahead of US NFP data
The Australian Dollar (AUD) is 0.17% higher at around 0.6640 against the US Dollar (USD) during the European trading session on Friday. The Aussie pair gains as the Australian Dollar rises despite experts doubting about…
Japanese Yen gives back post-NFP gains despite US Dollar weakness
USD/JPY trades around 157.65 on Friday at the time of writing, down 0.28% on the day. The pair briefly dropped to 156.95 following the release of the United States (US) employment report before erasing the entire move a…
British Pound rebounds as NFP knocks out October Fed hike bets
The Pound Sterling (GBP) rises by over 0.41% against the US Dollar (USD) on Friday, as the US Unemployment Rate rises amid a worse-than-expected Nonfarm Payrolls report for September. At the time of writing, GBP/USD tra…
US payrolls miss at 29K and the Dollar Index drops below 102.00
US employers added 29K jobs in September against a forecast of 90K, and July and August were revised down by a combined 60K. The unemployment rate rose to 4.2%, and hourly pay grew 3.0% over the year against a 3.2% fore…
Sterling today: Pound edges up as soft U.S. payrolls cap dollar rally
The Pound Sterling (GBP) registers modest gains on Tuesday after Iran's IRGC threatened to attack US companies as of April 1, turning the market mood sour, while the US Dollar (USD) trimmed some of its earlier losses. N…
Euro-area Inflation: Headline pressures rise – Nordea
Nordea’s Global Macro team of Tuuli Koivu, Jan von Gerich and Anders Svendsen note Euro-area inflation accelerated in September, driven mainly by energy and food.
Euro: Downside risks despite ECB scope – BBH
Brown Brothers Harriman’s Elias Haddad reports EUR/USD has slightly recovered after hitting fresh cyclical lows, with support at 1.1200 and 1.1111.
US Dollar: FOMC minutes to offer limited fresh clues – TD Securities
TD Securities analysts characterize the upcoming September FOMC minutes as largely outdated given subsequent employment and PCE data. The minutes are expected to show disagreement over how much further tightening is nee…
France: Budget strains weigh on outlook – BBH
Brown Brothers Harriman’s (BBH) Elias Haddad warns France’s budget crisis is deepening and complicating Eurozone fiscal dynamics. A minority government’s deficit-reduction plan faces parliamentary hurdles, while the fis…
Euro underperforms as France fiscal risks mount
The Euro (EUR) trades lower against its major currency peers due to mounting fiscal worries in France. In the European trade, the major currency is down 0.35% at around 177.00 against the Japanese Yen (JPY).
Swiss Franc emerges as a safe-haven as global bonds sell off
The Swiss Franc (CHF) is emerging as a safe haven amid the global government bonds sell-off, showing a surprising comeback against an otherwise firm US Dollar (USD) this week, as Switzerland's sound fiscal position stan…
Euro hits fresh two-month lows against British Pound after hot Eurozone inflation data
The Euro (EUR) reverses previous daily gains against the British Pound (GBP) on Friday, diving to fresh two-and-a-half-month lows just above 0.8500, and is set to show a more than 1% weekly decline. A toxic mix of surgi…
New Zealand Dollar rebounds ahead of US jobs data, election uncertainty lingers
The NZD/USD pair recovers some lost ground to near 0.5610, snapping the three-day losing streak during the early European session on Friday. However, the potential upside for the pair might be limited, as rising US Trea…
Japanese Yen rises due to hot Tokyo CPI, dovish Fed bets
USD/JPY declines after two days of gains, trading around 157.90 during Asian hours on Friday. The Japanese Yen (JPY) gained momentum following stronger-than-expected inflation data from Tokyo, putting downward pressure …
WTI Price Forecast: Dips to $91.50 as Middle East jitters limit losses
West Texas Intermediate (WTI) – the benchmark US Crude Oil price – attracts some sellers during the Asian session on Friday, snapping a two-day winning streak and stalling the previous day's recovery from the vicinity o…