Saturday, 19 September 2026
Independent coverage of global markets, trade and finance
Commerzbank economist Dr. Henry Hao highlights that China’s private manufacturing PMI fell to 50.9 in July, reinforcing signs of slowing factory momentum alongside the official NBS PMI at 49.2. The weaker data strengthe…
Speculation of intervention had been building for weeks as USD/JPY climbed back towards its 2024 highs. What caught markets off guard was the coordinated action with the US Treasury, giving last week’s intervention cons…
The U.S. dollar has been under pressure in recent months, driven by factors including trade policy uncertainty, interest rate fluctuations and geopolitical tensions. The U.S. Dollar Index — which tracks the strength of …
Commerzbank’s Volkmar Baur writes that despite South Africa’s reasonable recent performance under pressure from the Iran conflict, the central bank’s July decision to leave its key rate unchanged was surprising. With re…
Rabobank’s Senior Market Strategist Benjamin Picton highlights coordinated action between the US Treasury and Japan’s Ministry of Finance (MoF) to defend the Japanese Yen (JPY), framing it as a potential “financial Fort…
United Overseas Bank’s (UOB) Quek Ser Leang notes that the USD Index bias has shifted to the downside after failing to break above the weekly Ichimoku cloud and instead plunging below the 55-week EMA. However, flat EMAs…
Oil prices turn lower as Bessent says U.S. may have Iran deal "today or tomorrow"
BNY strategists John Velis and David Tam highlight the July Nonfarm Payrolls (NFP) report and upcoming Consumer Price Index (CPI) releases as key inputs for the Fed. They see consensus around 80,000 jobs, with a breakev…
DBS economist Radhika Rao expects the RBI MPC to keep the benchmark rate at 5.25% with a neutral stance and cautious guidance. The report highlights focus on core inflation, monitoring of West Asia risks and US Fed poli…
The US Dollar (USD) shows marginal losses against the Swiss Franc (CHF) on Tuesday, as Dollar bulls struggle to find acceptance above 0.8100. Risk-appetite, amid hopes of peace talks between the US and Iran, and investo…
OTTAWA, April 2025 - The Canadian dollar demonstrates remarkable resilience this week, holding steady against major currencies despite escalating geopolitical tensions in the Middle East and a concurrent surge in global…
EUR/JPY trades around 181.70 on Tuesday, up 0.44% on the day at the time of writing, supported by renewed optimism surrounding the Euro (EUR) and persistent weakness in the Japanese Yen (JPY).
The Aussie dollar (AUD/USD) has long been a way to express a view on emerging Asia. That may be changing as the region’s currencies begin moving in the same direction against the US dollar.
The EUR/USD pair fell towards 1.1417, its lowest since last March, as the US Dollar (USD) soared following the first Federal Reserve (Fed) monetary policy meeting chaired by Kevin Warsh. EUR/USD got to recover some grou…
The Toronto Blue Jays traded right-handed reliever Jeff Hoffman to the Minnesota Twins just before the trade deadline Monday, the teams announced. Toronto will receive left-hander Dasan Hill, right-hander John Klein and…
The Aussie Dollar retraces despite an overall risk-on mood as the US Dollar recovers some ground, sponsored by positive data, and easing geopolitical tensions in the Middle East. The AUD/USD trades at 0.7000 after reach…
Gold (XAU/USD) price retreats on Monday as the US Dollar (USD) recovers some ground, even though hostilities in the Middle East paused at the request of Iran and other Middle Eastern countries, according to US President…
United States (US) President Donald Trump said on Monday that Washington is currently holding talks with Iran, adding that the discussions are taking place at Tehran's request and describing them as a final opportunity …
Oil prices fell sharply on Monday amid growing expectations that talks between the US and Iran will resume soon. US President Donald Trump stated that conversations are underway after Tehran said it had no plans for dir…
NZD/USD trades with a flat tone near the 0.5870 zone on Monday, holding onto the bulk of last week's advance but struggling to extend it as the US Dollar (USD) regains composure. The pair rallied sharply from the sub-0.…
A potential combination would create the world's largest pharmaceutical company by revenue.
ASIAN stocks fell as South Korean chipmakers tumbled, while oil declined and Treasuries rose after US President Donald Trump said fresh US-Iran talks would begin on Monday (Aug 3) – boosting optimism that the two sides …
Silver (XAG/USD) trades around $57.20 at the time of writing on Monday, down 0.73% on the day, after a strong US manufacturing report reinforced expectations that the Federal Reserve (Fed) will maintain a restrictive mo…
United Overseas Bank’s (UOB) Quek Ser Leang notes USD/SGD slipped to 1.2809 but closed near 1.2821, with intraday bias still pointing lower. However, he highlights 1.2790 as significant support that may hold unless mome…