Saturday, 7 November 2026
Independent coverage of global markets, trade and finance
The US Dollar Index (DXY) closes the week near the 99.00 zone, little changed on the day and holding the ground it clawed back after a brief wobble on Thursday's US inflation release. The Greenback enters a defining wee…
August 18, 2026, 2:15 AM EDT. Nicotine pouches are becoming a bigger earnings driver for Philip Morris and British American Tobacco as cigarette volumes decline. BAT expects industry pouch revenue to rise from £4 billio…
Silver price registers gains of over 1%, yet it is trading below the ‘head and shoulders’ neckline, an indication that the overall trend in the short-term may be tilted to the downside. The XAG/USD trades at $64.24, aft…
United Overseas Bank (UOB) strategists Quek Ser Leang and Lee Sue Ann reports that USD/CNH has bounced sharply to 6.7153, with intraday gains likely capped near 6.7200. The bank’s earlier negative stance has softened as…
The AUD/USD ended the day in the green but finished the week 0.45% lower amid growing bets that the Fed will raise rates next week, boosting the US Dollar. Nevertheless, on Friday, the pair traded at 0.7171, up a decent…
United Overseas Bank (UOB) strategists Quek Ser Leang and Lee Sue Ann note that USD/SGD has rebounded strongly, with short-term momentum pointing higher but key resistance at 1.2705 expected to limit gains. They now see…
The USDCHF climbs over 0.40% on Friday after US consumer inflation data, coupled with Thursday's PPI, pushed investors to price in a Fed interest rate hike at next week's meeting. The pair trades at 0.8165 after rebound…
West Texas Intermediate (WTI) Oil comes under heavy selling pressure on Friday as traders lock in profits following a sharp rally that pushed the US benchmark to its highest level since May 21. At the time of writing, W…
The Pound Sterling (GBP) climbs slightly against the US Dollar (USD) on Friday, up 0.10%, as the latest US consumer inflation report came in line with forecasts, and although money markets have increased the odds of a F…
US Treasury yields fall during the North American session on Friday following the release of US inflation data, but are poised to finish the week higher. The US 10-year Treasury yield is down one basis point to 4.951% b…
USD/CHF holds onto gains on Friday even as the US Dollar (USD) turns lower following the release of the latest United States (US) Consumer Price Index (CPI) report, which strengthened expectations that the Federal Reser…
Commerzbank economists, led by Dr. Henry Hao and colleagues, note Taiwan’s August trade surplus hit a record USD22.3bn, driven by strong AI-related exports. Electronics and semiconductor shipments surged, lifting overal…
ING economists Deepali Bhargava and Lynn Song expect the Bank of Japan to raise its policy rate by 25bp to 1.25%, citing persistent price pressures. They project two further 25bp hikes in January and April 2027, taking …
Gold (XAU/USD) rebounds on Friday, reversing most of the previous day’s losses as a pullback in the US Dollar, US Treasury yields and Oil prices supports the precious metal.
DBS Group Research forecasts an improvement in China’s industrial production to 5.0% year-on-year in August, helped by strong export growth driven by AI-related electronics.
The US Bureau of Labor Statistics (BLS) will publish the August Consumer Price Index (CPI) data on Friday. The report is expected to show a small decline in annual core inflation. Any divergence from analysts’ estimates…
AUD/JPY trades around 110.50 on Friday at the time of writing, posting a modest 0.04% decline on the day. The pair remains broadly stable as both the Australian Dollar (AUD) and the Japanese Yen (JPY) benefit from growi…
Michael Pfister at Commerzbank notes the European Central Bank (ECB) delivered a second rate hike this year and raised its inflation projections above 2%, which their economists see as pointing to another hike in Decemb…
ING analysts David Havrlant and Frantisek Taborsky say the Czech market is being driven mainly by global factors and high energy prices, but EUR/CZK still reacts to Czech National Bank (CNB) meetings and guidance.
The US Bureau of Labor Statistics (BLS) will publish the August Consumer Price Index (CPI) data on Friday. The report is expected to show a small decline in annual core inflation. Any divergence from analysts’ estimates…
Effective January 1, 2026, many of Californiaâs newly enacted artificial intelligence (AI) regulations took effect. The more than 20 new AI laws signed by Governor Gavin Newsom regulate AI, data privacy, automated dec…
The Pound to Dollar exchange rate (GBP/USD) is holding firm above the key 1.3500 support level after UK inflation slowed to 3.0% year-on-year, reinforcing expectations of a March Bank of England rate cut.
United Overseas Bank (UOB) strategists Quek Ser Leang and Lee Sue Ann report that GBP/USD’s sharp drop to 1.3493 looks stretched short term, favouring consolidation between 1.3495 and 1.3535 intraday. On a one-to-three-…
Gold (XAU/USD) nudges higher on Friday, as the US Dollar’s (USD) recovery stalls ahead of the US Consumer Price Index (CPI) release, due later in the day.