Finance
Nasdaq tumbles at open as Amazon, Intel add to AI spending woes
Tech stocks plunged Friday morning, putting the Nasdaq 100 index on course for a more than $1 trillion drop when the opening bell rings at 9:30 am ET in New York.
Finance
Finance
Germany annual CPI inflation softens to 2.8% in October
Inflation in Germany, as measured by the change in the Consumer Price Index, declined to 2.8% (preliminary) in October from 3.3% in September, Germany's Destatis reported on Friday.
Finance
Gold sinks to fresh yearly lows despite risk-off mood as Fed rate hike bets weigh
Gold (XAU/USD) slips to fresh year-to-date lows on Friday. The metal struggles despite a risk-off mood across markets, as expectations of further Federal Reserve (Fed) interest rate hikes continue to dominate price acti…
Finance
Euro: Supported by limited policy divergence against US Dollar – BBH
Brown Brothers Harriman’s Elias Haddad reports EUR/USD has rebounded above 1.1200 after the ECB paused while pushing back against aggressive market tightening expectations.
Finance
NZD/USD Price Forecast: Likely recover further to near 20-day EMA
The New Zealand Dollar (NZD) extends its recovery to near 0.5640 against the US Dollar (USD) during the European trade on Friday.
Finance
Selling the map, not the chips: How Gartner is cashing in on AI
The semiconductor industry is navigating a high-stakes paradox in 2026. While soaring artificial intelligence-driven demand is pushing revenues to unprecedented levels, this boom has its risks. The industry seems to hav…
Finance
GBP/USD Price Forecast: Strengthens above 1.3350, but retains bearish tone below 100-day SMA
The GBP/USD pair trades in positive territory around 1.3380 during the early European trading hours on Friday. The British Pound (GBP) strengthens against the US Dollar (USD), while markets digest the UK Autumn Budget a…
Finance
Indian Rupee continues to face pressure from Middle East risks
The Indian Rupee (INR) remains under pressure against the US Dollar (USD), as oil prices continue to boil due to Middle East risks. In the opening trade on Friday, the USD/INR pair is slightly higher to near 95.25, clos…
Finance
Euro: Rebound extends toward resistance against US Dollar – UOB
United Overseas Bank strategists Quek Ser Leang and Lee Sue highlight a strong EUR/USD rebound after an early New York selloff, shifting their stance from negative to cautiously constructive. The Euro (EUR) is now expec…
Finance
EUR/USD Price Forecast: Holds gains to near 1.1200, while staying below key technical resistance
The EUR/USD pair trades in positive territory around 1.1190 during the early European trading hours on Friday. A hawkish pause from the European Central Bank (ECB) provides some support to the Euro (EUR) against the US …
Finance
WTI Price Forecast: Pulls back from multi-month top near 104.00 as bullish bias holds
West Texas Intermediate (WTI) – the benchmark US Crude Oil price – retreats after touching a fresh high since May 19, around the $104.00 mark during the Asian session on Friday, though the downside seems limited.
Finance
Chinese EVs win over some in South Korea, but Japan is proving to be a rougher road
There may be no more important question for the West’s competitive position in advanced industries than whether China is becoming a rival innovator. While the evidence suggests it hasn’t yet taken the overall lead, it h…
Finance
Thai Baht: BoT holds rates as curve steepening risks – DBS
DBS Group Research economist Chua Han Teng analyzes Thailand Markets after the Bank of Thailand (BoT) kept its policy rate at 1.00% for a fourth consecutive meeting. He expects the BoT to remain on hold through 2026, ke…
Finance
Thai Baht: Double-top signals potential reversal against US Dollar – OCBC
OCBC’s Sim Moh Siong and Christopher Wong report that the Bank of Thailand (BoT) kept rates at 1% while upgrading growth forecasts and flagging inflation risks from Oil and El Niño. They expect policy to stay on hold ne…
Finance
Philippine Peso: Official jawboning slows depreciation – OCBC
OCBC’s Sim Moh Siong and Christopher Wong note that the Philippine Peso (PHP) has recovered modestly as authorities, including President Marcos and Bangko Sentral ng Pilipinas (BSP) officials, step up rhetoric against f…
Finance
ECB Recap: On hold amid tighter financial conditions and rising energy costs
The European Central Bank (ECB) unanimously left its three key interest rates unchanged, keeping the deposit rate at 2.50% as policymakers assessed the impact of renewed energy-price increases. President Christine Lagar…
Finance
South Korean Won: Equity strength fails to lift KRW against US Dollar – OCBC
OCBC’s Sim Moh Siong and Christopher Wong note a sharp divergence between Korean equities and the Korean Won (KRW), with KOSPI’s strong semiconductor-led rally not translating into KRW gains. Heavy foreign USD futures b…
Finance
Mexican Peso drops as US growth, hot inflation rekindles Fed hike bets
The Mexican Peso is poised to depreciate over 1.20% against the US Dollar on Thursday, with the USD/MXN trading at 18.86. Expectations that the Federal Reserve would raise rates once more in 2026, along with US data sup…
Finance
Bank of Japan to leave interest rates steady at 1.25%
The Bank of Japan (BoJ) is set to announce its monetary policy decision on Friday at around 02:30 GMT.
Finance
Lagarde speech: Direction of travel is quite clear on rates
Christine Lagarde, President of the European Central Bank (ECB), explains the ECB's decision to leave key rates unchanged at the October policy meeting and responds to questions from the press.
Finance
Hungary: Fiscal consolidation and euro plan – Societe Generale
Societe Generale highlights ongoing Hungarian bonds gains as Hungary’s government details a four-year Euro adoption roadmap combining fiscal consolidation with growth ambitions. The plan assumes 2.4% GDP growth next yea…
Finance
DoorDash’s Instacart deal may draw FTC scrutiny amid cost-of-living concerns
Four states have enacted laws banning the practice of charging individual consumers different prices based on their personal data — and on Tuesday, Congress held its first dedicated hearing on the subject, with senators…
Finance
Gold sinks as stock rout fails to spark haven demand
Gold (XAU/USD) extends its losses on Thursday, down over 1.20% as the US equity markets fall and investors rotate into defensive stocks, while solid US economic data reinforced speculation that the Federal Reserve (Fed)…
Finance
Euro remains under pressure against British Pound as ECB holds rates steady
EUR/GBP remains on the back foot on Thursday as the European Central Bank’s (ECB) monetary policy announcement fails to lift the Euro (EUR) against the British Pound (GBP), which outperforms its major peers. At the time…