The US Dollar (USD) has traded in quite a volatile fashion on Wednesday, always amid the unabated tensions from the US-Iran crisis, speculation over another bout of FX intervention by Japanese authorities and bets for w…
MUFG’s Lloyd Chan remains cautious on the Indonesian Rupiah as domestic inflation accelerates and Gross Domestic Product (GDP) growth stays above 5%. The trade balance has improved slightly but remains weaker than 2025 …
US President Donald Trump said on Wednesday that the renewed campaign against Iran “won’t continue for too long," adding that he is prepared to launch another attack on Iran.
The Dutch central bank (DNB) has confirmed that billions of dollars in gold has been taken out of north America and relocated to London, citing "increasing geopolitical unrest".
WASHINGTON (MaceNews) – The following is a rough transcript of the responses of the new Federal Reserve chair, Kevin Warsh, to reporters’ questions in his first post-Federal Open Market Committee news conference Wednesd…
The Federal Reserve (Fed) released its Beige Book on Wednesday, in which the US central bank stated that economic activity increased modestly since early July, while overall employment rose slightly. Regarding inflation…
• Uber drivers launch European class action over ‘soulless’ and ‘scary’ AI algorithm
Oil and gas prices have surged as Iran continues to launch strikes across the Middle East in response to ongoing attacks by the US and Israel.
Yen - Potential start of an Impulsive upwards moveIf the ¥ is going to go for an up move, it would be from this point (.0681 Fib of previous impulse). Would make sense with the rest of our analyses published earlier in …
Volodymyr Zelenskyy declared that Russia’s airspace is becoming unsafe for commercial airlines, as Vladimir Putin promised to step up strikes against Ukraine’s energy facilities in the run-up to winter.
Tim Cook has received a $47m (£35m) pay deal as Apple’s executive chair, a remuneration package that nears the level set for his successor as chief executive.
In the shadow of Russia’s war of aggression against Ukraine, the EU and its Member States are undertaking the biggest rearmament effort to take place in Europe since the 1950s. Many now call for more European cooperatio…
Uber is cutting more than 3,000 jobs worldwide as part of a major overhaul designed to shrink management layers and refocus spending on its core business.
USD/CAD falls to around 1.3875 on Wednesday, down 0.15% on the day, following the Bank of Canada’s (BoC) monetary policy decision. The Canadian Dollar (CAD) strengthens against the US Dollar (USD) after the central bank…
The Bank of Canada held its benchmark interest rate steady again on Wednesday as new U.S. tariffs and the ongoing war in Iran cloud the central bank’s outlook.
BP has appointed a new chair after a months-long search triggered by the controversial ousting of Albert Manifold , seeking to draw a line under years of boardroom turmoil at the UK oil and gas company.
Brown Brothers Harriman’s (BBH) Elias Haddad observes USD/JPY testing 160.00 as hawkish Bank of Japan comments briefly supported the Japanese Yen (JPY). Haddad notes Takata’s openness to a 50–75 bps move and back-to-bac…
A group of peers is calling for the British government to be able to deactivate powerful AI systems and switch off the country's data centres in the event of the tech posing a threat to national security.
TD Securities’ Ryan McKay and Bart Melek highlight that upcoming US Non-farm Payrolls (NFP) and a renewed hawkish Fed tone are critical for Gold, with prices near CTA (Commodity Trading Advisors) selling thresholds arou…
The UK government does not know what the country’s datacentres are being used for despite fears over the growing environmental impact of the AI boom.
According to MUFG’s Lee Hardman, rising energy prices are pushing market expectations for further Federal Reserve tightening, with 17bps priced for the 16th September FOMC and the 2-year US Treasury yield at a year-to-d…
The Japanese Yen (JPY) outperforms its major peers on Wednesday, with USD/JPY falling nearly 0.90% on the day as hawkish Bank of Japan (BoJ) expectations support the Japanese currency. A sharp drop during American tradi…
It is not just the wildfire burning in the bond markets, with many countries facing interest rates at multi-decade highs.
UK government borrowing costs have been rising, with some now at their highest level since 1998 as investors around the world worry about inflation.