Finance
According to a Reuters poll, the survey on September 9 showed that 86 of 101 economists expect the Federal Reserve (Fed) to hike interest rates by 25 basis points (bps) to 3.75%-4.00% on September 16. This is a dramatic…
Finance
MUFG’s Lee Hardman notes that the US Dollar (USD) has strengthened only modestly even as markets price in a Fed rate hike at this week’s FOMC meeting. Stronger US inflation and a hawkish repricing at the short end of th…
Finance
Canada’s August Consumer Price Index (CPI) figures will be the focus of attention when published on Monday. Indeed, Statistics Canada data will provide markets with an update on price pressures following the Bank of Can…
Finance
US Dollar (USD) appreciates for the fourth consecutive day against the Canadian Dollar (CAD) on Monday, as rising bets of a Federal Reserve (Fed) rate hike on Wednesday offset the traditional positive impact of higher O…
Finance
The Euro (EUR) is down 0.28% to near 1.1565 against the US Dollar (USD) during the European trading session on Monday. The major currency pair comes under pressure as traders have raised hawkish Federal Reserve (Fed) af…
Finance
Gold (XAU/USD) struggles to capitalize on Friday's modest bounce from sub-$4,300 levels and oscillates in a narrow band at the start of a new week as traders await key central bank events before placing fresh directiona…
Finance
The AUD/USD pair touches a one-and-a-half-week low, around the 0.7140 region during the Asian session on Monday, though it lacks follow-through. Spot prices currently trade just above mid-0.7100s, down nearly 0.25% for …
Finance
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is gaining ground for the third consecutive day and trading around 99.30 during Asian hours on Monday.
Finance
Lime's IPO is current, but the clean version of the story is not that scooters are back. It's that the last big shared micromobility survivor still needs public-market money to prove the model works.
Finance
Yen has surged in September on expectations for an accelerated schedule of rate hikes by the BOJ
Finance
Hyundai Motor Group is pushing back the launch of its in-house autonomous driving software by roughly two years, opting to lean on Nvidia technology in the meantime as it races to close the gap with Tesla and Chinese au…
Finance
A growing consumer push to buy Canadian and boycott US products is reshaping supermarket shelves in Canada, forcing grocers to improve country-of-origin labelling and secure new sources of supply.
Finance
The global monetary landscape is experiencing unprecedented shifts as nations systematically reduce their reliance on dollar-denominated assets, a process known as de-dollarization and the rise of gold. This transformat…
Finance
As if the pandemic wasn’t warping global markets enough, China’s regulatory crackdown is suddenly adding new unpredictability. So how best to invest in these strange times?
Finance
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…
Finance
DBS Group Research expects Taiwan’s central bank to keep its policy rate unchanged on September 17, before raising it to 2.125% in December. Analysts Taimur Baig and Chang Wei Liang highlight subdued August CPI, but ant…
Finance
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…
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…
Finance
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…
Finance
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…
Finance
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…
Finance
West Texas Intermediate (WTI) trades near $97.00, about 3.4% lower and on track for its first down session in five. The Financial Times reported on Friday that Gulf foreign ministers will meet their Iranian counterpart …
Finance
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…
Finance
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…