Societe Generale reports that USD/MXN has moved back below 17.00 as Mexican officials engage with US counterparts on trade issues following a widening US-Canada rift. The bank highlights a sharp drop in Mexico’s car imp…
Households should stock up on food to prepare for extreme weather as the strongest El Niño event in a generation develops over the Pacific Ocean, a government minister has warned.
MUFG’s Michael Wan highlights a sharp strengthening in the Japanese Yen, with USD/JPY dropping from 160 to around 155.30 as the Dollar broadly weakened and Asian FX gained. The report notes uncertainty over any Bank of …
West Texas Intermediate (WTI) US Oil declines 1.21% on Friday and trades around $88.55 per barrel at the time of writing. The Crude Oil remains close to its recent highs and is still heading for a strong weekly gain as …
The US dollar has been supported since the last FOMC decision but as the hawkish repricing reached a near-term peak, the momentum waned as traders shifted their focus to the key US data.
Markets are pricing several rate hikes from the major central banks despite scant evidence that the energy crisis is seeping into broader inflation. Yet James Smith argues investors are right to worry about higher oil a…
A boost in hospitality and education employment drove the US economy to create tens of thousands more jobs than expected last month, latest figures suggest.
Sam Azzarello: What's next for markets and the global economy after a year defined by escalating tariffs, persistent geopolitical tensions, and the rise of artificial intelligence across industries?
Nonfarm Payrolls (NFP) in the United States (US) rose by 162K in August, the US Bureau of Labor Statistics (BLS) reported on Friday. This print followed July's increase of 21K and surpassed the market expectation of 56K…
The climate crisis, disease and cyber-attacks pose growing risks to the UK’s food supplies and the government needs to act to make the system more resilient, according to the public spending watchdog.
The board of German car giant Volkswagen has approved a plan to cut another 50,000 jobs as part of a sweeping turnaround programme. It brings the total number of roles the company plans to shed by 2030 to 100,000.
The prospect of a peace agreement between the United States andIran is fueling optimism across global financial and commodity markets. At the center of attention is the Strait of Hormuz—one of the world’s most important…
Farmers are facing an “astronomical” jump in the price of fuel needed to operate their vehicles and machinery after a surge in diesel costs in the UK and the US.
The Indian Rupee (INR) opens on a flat note against the US Dollar (USD) on Friday, but is close to its two-month high of 94.29 posted the previous day. The Indian currency strengthens due to strong inflows of foreign fu…
After everything, why would anyone still back Nigel Farage? In some of the comments below my piece last week about Reform UK, I spot the usual answers: Farage’s supporters are dim, racist, deplorable. Yet away from West…
Last week, Meta, the parent company of Instagram and Facebook, agreed to a settlement of up to $18bn after dozens of US states accused it of harming children with addictive products. The settlement’s regulatory implicat…
Let me begin by congratulating everyone involved in the ChaMP research network on a remarkably successful research programme: it has delivered many new insights regarding the transmission of monetary policy and has been…
West Texas Intermediate (WTI) – the benchmark US Crude Oil price – trades below the $90.00 mark during the Asian session on Friday and remains close to its highest level since July 24, touched earlier this week. The com…