Sunday, 20 September 2026
Independent coverage of global markets, trade and finance
UOB economists Enrico Tanuwidjaja and Sathit Talaengsatya see Thailand’s 2Q26 starting stronger than feared, driven by exports and technology-linked investment, but with domestic demand still weak. They expect the BOT p…
AUD/JPY declines by 0.61% on Thursday, trading around 111.40 at the time of writing. The Australian Dollar (AUD) comes under pressure after trade data missed expectations by a wide margin, while the Japanese Yen (JPY) r…
Gold (XAU/USD) trades on the front foot on Thursday as the US Dollar (USD) weakens amid rumors of a potential intervention by Tokyo after the Japanese Yen (JPY) hit a 40-year low earlier this week. The Greenback extende…
The AUD/USD pair climbed near the 0.6930 area on Thursday as the US Dollar (USD) came under pressure following softer-than-expected United States (US) labor market data. The pair advanced as investors trimmed expectatio…
Silver (XAG/USD) climbs to the top of its weekly trading range on Thursday as the US Dollar (USD) slides to a two-week low after US Nonfarm Payrolls (NFP) data surprised to the downside. At the time of writing, XAG/USD …
NZD/USD rises 0.59% on Thursday to trade around 0.5705 at the time of writing, supported by a sharp decline in the US Dollar (USD) following the release of a significantly weaker-than-expected US employment report.
Commerzbank’s Bernd Weidensteiner highlights that US nonfarm payrolls rose only 57,000 in June, far below consensus, with prior months revised down by 74,000. Monthly job growth has been slowing and the six-month averag…
ING strategists Benjamin Schroeder and Michiel Tukker discuss how a potential increase in the Minimum Reserve Requirement (MRR) by the ECB could tighten Eurozone liquidity and reduce ECB losses. They highlight uneven di…
USD/JPY falls 0.92% on Thursday and trades around 161.05 at the time of writing after a much weaker-than-expected US employment report weighs on the US Dollar (USD).
A June jobs report that undershot expectations by nearly half sent the Dow Jones Industrial Average (DJIA) to a fresh intraday record on Thursday, which reads like a contradiction until you look at what actually moved. …
Societe Generale’s Dev Ashish argues that the US decision to opt for annual USMCA reviews instead of a 16-year extension prolongs policy uncertainty for Mexico while leaving near-term trade flows intact. He sees muted M…
The Pound Sterling (GBP) registers solid gains against the US Dollar (USD) on Thursday after the latest US employment report missed estimates, reducing the chances of a Federal Reserve (Fed) rate hike. At the time of wr…
Nonfarm Payrolls (NFP) in the United States (US) rose by 57K in June, the US Bureau of Labor Statistics (BLS) reported on Thursday. This print followed the 129K increase (revised from 172K) recorded in May and fell shor…
USD/CAD falls to 1.4180 on Thursday, down 0.26% on the day after dropping to 1.4150, its lowest level in more than a week, following a much weaker-than-expected US employment report.
While speaking at a Banco de España conference in Santander, Spain, San Francisco Federal Reserve President Mary Daly said that she doesn't see any signs of a lack of economic resiliency in the US, despite above-target …
USD/CHF weakens sharply on Thursday as the US Dollar (USD) comes under broad selling pressure following a weaker-than-expected US Nonfarm Payrolls (NFP) report. At the time of writing, the pair is trading around 0.8029,…
Commerzbank’s Dr. Ralph Solveen reviews Germany’s new reform package agreed by CDU/CSU and SPD, focusing on bureaucracy reduction, labor market changes, and modest tax adjustments. He highlights that the largest potenti…
According to a report from the US Department of Labour (DOL) released on Thursday, the number of US citizens submitting new applications for unemployment insurance shrank to 215K for the week ending June 27. The latest …
Federal Reserve (Fed) Bank of New York President John Williams said in a speech released by text on Thursday that monetary policy remains “well positioned” for the current economy, while warning that inflation may take …
The US Dollar Index (DXY) had every excuse to extend on Thursday and declined instead. A firm batch of US data crossed the wires, yet the Dollar eased off the top of its multi-month rally, slipping back toward 101.45 af…
United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann highlight a sharp USD/CNH spike to 6.8195, now seen consolidating between 6.8030 and 6.8185 on an intraday basis after an overdone rise. On a 1–3 week horizon,…
Silver (XAG/USD) rebounds on Thursday, trading around $58.65 at the time of writing, up 2.16% on the day. The precious metal recovers part of its steep losses from recent days, supported by a modest pullback in the US D…
Gold (XAU/USD) price recovers on Thursday, up by almost 1% as the Greenback drops despite inflation data suggesting that a ‘higher-for-longer' scenario favors the Federal Reserve (Fed) holding rates steady, despite US P…
The Bank of Mexico (Banxico) held its main reference rate unchanged at 6.50% in a unanimous decision on Thursday, as expected. Based on its economic projections, Banxico noted that the balance of inflation risks is tilt…