Finance
TD Securities strategists note that softer Canadian Consumer Price Index (CPI) is lifting USD/CAD as rate divergence remains a key driver. They argue broad US Dollar (USD) strength should limit USD/CAD downside below 1.…
Finance
The Dow Jones Industrial Average (DJIA) trades near the 52,000 handle on Monday, down roughly 100 points, while the S&P 500 adds 0.4% and the NASDAQ Composite climbs 0.9%, with all three coming off a losing week. The sp…
Finance
The United Kingdom entered a new period of political uncertainty after Rachel Reeves stepped down as Chancellor of the Exchequer as part of the first cabinet reshuffle led by newly appointed Prime Minister Andy Burnham.
Finance
NZD/USD moves higher on Monday and trades around 0.5850 at the time of writing, up 0.14% on the day, as the US Dollar (USD) weakens following the latest US inflation data. Investors have scaled back expectations of furt…
Finance
BNY’s Geoff Yu sees Latin American currencies underpinned by strong balance-of-payments positions and attractive carry, even as global equity nerves rise. Yu notes that conflict-era inflows have created a solid buffer a…
Finance
USD/CAD edges higher on Monday as softer-than-expected Canadian inflation data and a firmer US Dollar (USD) weigh on the Canadian Dollar (CAD), while tensions in the Middle East keep financial markets volatile. At the t…
Finance
Royal Bank of Canada’s (RBC) Abbey Xu notes that Canadian inflation eased in June, with Consumer Price Index (CPI) slowing to 2.8% year-over-year and energy prices reversing part of their earlier surge. Underlying measu…
Finance
Brown Brothers Harriman’s (BBH) Elias Haddad expects the ECB to leave rates at 2.25% this week after June’s 25 bps hike, maintaining a data-dependent stance without new projections. Markets fully price a September hike …
Finance
BNY’s Geoff Yu notes that Iran’s signals of continued military response alongside active mediation keep the Middle East conflict in a managed but unstable phase. This backdrop leaves Oil prices higher after recent strik…
Finance
Gold (XAU/USD) trades in a volatile range on Monday as markets react to conflicting headlines from the Middle East. At the time of writing, XAU/USD trades around $4,010, little changed on the day after climbing to an in…
Finance
United Kingdom (UK) Prime Minister (PM) Keir Starmer, the seventh PM since Britain’s exit from the European Union (EU), delivers his resignation to King Charles at Buckingham Palace. Keir said in his final speech that h…
Finance
OCBC strategists Sim Moh Siong and Christopher Wong argue recent British Pound (GBP) strength looks stretched as markets price in fiscal discipline from the new UK government under Andy Burnham. They note OECD warnings …
Finance
GBP/JPY wavers around 218.50, with bears contained above previous highs at 218.00.
Finance
United Overseas Bank’s (UOB) Quek Ser Leang reports GBP/USD slipping but lacking strong downside momentum, with intraday trade expected between 1.3420 and 1.3475. The prior bullish view has faded after a break of 1.3450…
Finance
BNY’s Geoff Yu argues that Euro (EUR) assets show emerging value as the European Central Bank (ECB) holds policy and inflation pressures ease, but stresses that Purchasing Managers’ Index (PMI) data and earnings must co…
Finance
TD Securities expects the Federal Reserve to keep the Fed funds rate unchanged through 2026, as inflation stays above target and the labor market stabilizes. The bank notes a mixed Fedspeak backdrop, a blurrier reaction…
Finance
ING’s Chris Turner notes that deteriorating Gulf headlines and higher energy prices are keeping the Dollar supported, even if US Dollar Index (DXY) remains about 1% below its June peak. Softer United States (US) Consume…
Finance
The Euro (EUR) holds its early recovery move at around 1.1450 against the US Dollar (USD) during the European trading session on Monday. The major currency pair rebounds as the US Dollar turns upside down amid firm expe…
Finance
Gold (XAU/USD) shows marginal gains on Monday, as the US Dollar recovery stalled and Oil prices pulled back from highs. The precious metal remains capped below a descending trendline resistance, but downside attempts re…
Finance
ING’s Chris Turner writes that Sterling has benefited from expectations Andy Burnham will appoint a fiscally cautious chancellor, alongside stale short positioning and M&A-related flows into United Kingdom (UK) equities…
Finance
Societe Generale technical analysts highlight that USD/CAD failed to sustain a break above 1.4130, triggering a deeper pullback. The pair is drifting towards the 50-DMA and March peak near 1.3970, seen as key support. A…
Finance
Brown Brothers Harriman’s (BBH) Elias Haddad expects Japan’s June Consumer Price Index (CPI) to edge higher across headline and core measures, with core ex fresh food and energy steady at 1.8%. Swaps discount a 25 bps B…
Finance
FARNBOROUGH, England, July 20, 2026 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) today announced the introduction of the PAC-3® Adapted Capability Effector (PAC-3 ACE™), a low-cost interceptor built to defeat a wide rang…
Finance
The US stock market surge today is not just about one earnings beat or one piece of economic data. It is the product of a very strange, very specific moment in financial history — where geopolitical chaos, an oil shock,…