Finance
Evercore ISI maintains top pick in IT Hardware & Networking
Apple drew investor attention on Wednesday after Evercore ISI reaffirmed it as the firm’s top stock pick in the technology hardware sector, highlighting robust iPhone demand.
Finance
Finance
WTI Oil recovers above $83 ahead of OPEC meeting
West Texas Intermediate (WTI) US Oil trades higher on Friday, rising 0.76% to around $83.30 after staging a sharp rebound from an intraday low below $80.00. The Crude Oil has erased some of its weekly losses and is on t…
Finance
Bank of Canada: Strong GDP lowers cut risk – TD Securities
TD Securities’ Robert Both and Emma Lawrence note that stronger-than-expected Canadian Gross Domestic Product (GDP) data support a brighter growth outlook but do not materially change their Bank of Canada (BoC) view. Th…
Finance
Japanese Yen: Policy credibility and intervention dynamics – BNY
BNY’s Geoff Yu highlights that the Japanese Yen (JPY) entered the latest Bank of Japan (BoJ) decision and suspected intervention with weak flow momentum and lighter positioning, even as investors remained net long JPY a…
Finance
British Pound holds firm as USD rebounds from intervention rout
The Pound Sterling retreats some 0.02% on Friday as the Greenback stages a recovery following Thursday’s intervention day, which weakened the US Dollar Index (DXY) to a 30-day low. At the time of writing, the GBP/USD tr…
Finance
New Zealnd Dollar weakens after China PMI miss as the US Dollar rebounds
NZD/USD trades around 0.5860 on Friday, down 0.33% on the day, as investors react to another deterioration in Chinese business activity. China, New Zealand's largest trading partner, reported that the official NBS Manuf…
Finance
Silver Price Forecast: XAG/USD remains under pressure as bond yields, US Dollar rebound
Silver price (XAG/USD) is down 1.7% to near $58.00 during the European trading session on Friday. The white metal continues to decline throughout the day as United States (US) Treasury Yields have bounced back amid fear…
Finance
Japanese Yen strengthens against British Pound amid intervention speculation
GBP/JPY extends its slide on Friday as suspected intervention by Japanese authorities rattles the FX market and lifts the Yen across the board, pushing the cross further away from the multi-year high of 219.16 touched e…
Finance
Australian Dollar holds firm despite weak Chinese data, fading RBA rate hike bets
AUD/USD trades around 0.7030 at the time of writing on Friday, little changed on the day after Thursday's strong rally. The Australian Dollar (AUD) continues to draw support from the persistent weakness in the US Dollar…
Finance
US Dollar Index: DXY seen returning to 96.00–100.00 range – BBH
Brown Brothers Harriman’s (BBH) Elias Haddad notes that the Dollar stabilized after a sharp sell-off linked to suspected USD/JPY intervention, but argues the broader USD rally since May has likely ended, with US Dollar …
Finance
British Pound struggles to extend recovery against Japanese Yen
The British Pound (GBP) faces roadblocks in extending the early recovery against the Japanese Yen (JPY) above 216.33 during the European trading session on Friday. The cross rebounded strongly at THE open as profit-book…
Finance
Gold: Central bank buying offsets ETF outflows – ING
ING’s commodities team reports that Gold demand was steady in 2Q 2026, with total demand flat year-on-year at 1,269 tonnes as strong central bank purchases balanced weaker ETF demand. They note net ETF outflows amid hig…
Finance
WTI Oil drifts closer to $80.00 amid a mild increase in traffic through Hormuz
Oil prices are ticking lower for the second consecutive day on Friday, with the US benchmark West Texas Intermediate (WTI) barrel hitting session lows a few cents above $80.00. News reporting a moderate recovery of sea …
Finance
Eurozone flash headline HICP rises strongly by 3.2% YoY vs. 2.9% estimates
Annual Harmonized Index of Consumer Prices (HICP) in the Eurozone, as measured by changes in the prices of a representative basket of goods and services in the European Monetary Union, rises at a faster pace of 2.9% in …
Finance
Japanese Yen dips back to 160.00 against the US Dollar as post-BoJ gains fade
The Japanese Yen (JPY) posts moderate losses against the US Dollar (USD) on Friday, with the USD/JPY pair trading just above 160.00 at the time of writing, after whipsawing within a rough 240-pip range between 158.60 an…
Finance
US Dollar Index Price Forecast: Exposes to 99.00 on Double Top breakdown
The US Dollar (USD) attempts to snap its three-day losing streak on Friday. In European trade, the US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, trades 0.27% higher to near 100.…
Finance
Federal Reserve: Prolonged pause with hike risks – UOB
UOB strategists observe that the Federal Open Market Committee (FOMC) kept the Fed Funds Target Rate at 3.50%–3.75% for a fifth meeting, with a 9–3 split as three presidents sought a 25 bps hike. Their base case is an e…
Finance
British Pound: Limited support from BoE policy – Commerzbank
Commerzbank’s Michael Pfister notes that the Bank of England kept rates unchanged and avoided signalling future hikes, despite a closer-than-expected 6–3 vote and Governor Bailey’s insistence that the BoE is not edging …
Finance
Why is Viridien stock surging today?
Viridian Therapeutics stock has fallen 37.8% year to date, yet the valuation checks still point to the shares looking expensive rather than like a clear bargain.
Finance
USD/CAD Price Forecast: Steadies above June low as bears await 1.4000 breakdown
The USD/CAD pair seesaws between tepid gains/minor losses through the early European session on Friday, consolidating its recent losses to the lowest level since June 17, touched the previous day. However, a combination…
Finance
Euro: Upside risks after sharp Dollar shift – ING
ING’s Francesco Pesole writes that EUR/USD broke above 1.150 as broad Dollar weakness persisted, even as the Euro underperformed some G10 peers despite stronger Eurozone data. With Eurozone CPI in focus and a September …
Finance
Indian Rupee rallies further against US Dollar, RBI policy awaited
The Indian Rupee (INR) extends the week-long rally against the US Dollar (USD) on Friday. The USD/INR pair slides to a fresh over two-week low near 95.30 due to the overnight slump in the US Dollar amid growing doubts r…
Finance
Japanese Yen weakens as Bank of Japan holds rates at 1%
USD/JPY rises after two days of losses, trading around 160.80 during the Asian hours on Friday. The currency pair continues to appreciate as the Japanese Yen (JPY) weakens following the Bank of Japan’s (BoJ) decision to…
Finance
Asia stocks climb as KOSPI rebounds tracking Wall St gains; BOJ holds rates
Advances in Asia came after an index of chip stocks on Wall Street posted its biggest advance in more than a year. Tech remained in focus with Apple Inc. dropping over 6% in extended trading as supply shortages hurt its…