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Saturday, 24 October 2026

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Economy

Silver rebounds, but Fed rate-hike threat hangs over the metal

Silver (XAG/USD) rebounds on Monday and trades around $66.70 at the time of writing, up 0.40% on the day. The main obstacle to a stronger recovery in Silver remains the shift in expectations surrounding the Federal Rese…

Bank of Canada: Tariffs reshape rate risks – NBC

National Bank of Canada's (NBC) Taylor Schleich and Ethan Currie expect the Bank of Canada (BoC) to keep its overnight rate at 2.25% and maintain current balance sheet policy. They argue markets still overprice late-202…

Pound Sterling retreats as Japanese Yen attracts modest buying

GBP/JPY trades on the back foot on Monday as the Japanese Yen (JPY) strengthens against its major peers. The Pound Sterling (GBP), meanwhile, lacks a fresh domestic catalyst as UK markets remain closed for the Summer Ba…

Warsh Guides Forward Without Forward Guidance

Editor's Note: At 10 PM Beijing time on August 28, Federal Reserve Chair Kevin Warsh delivered a speech at the Jackson Hole Global Central Bank Symposium, marking his first address at this prominent annual gathering sin…

BoE’s Bailey warns AI models could disrupt financial markets

The development and deployment of artificial intelligence (AI)footnote [1] is likely to have a transformative impact across many sectors of the UK economy. AI has the potential to save workers time on a wide range of ta…

Oil: geopolitical support and Venezuela deal risk – BNY

BNY’s Wee Khoon Chong notes Oil prices are underpinned by renewed U.S.–Iran tensions near the Strait of Hormuz and President Trump’s claim of a deal granting U.S. majority control over Venezuela’s vast reserves. Chong s…

Euro: Inflation test for ECB hike odds – BNY

Geoff Yu at BNY argues that upcoming German CPI and Eurozone flash CPI are critical for European Central Bank expectations, with markets already pricing a near-certain September hike. While services inflation is softeni…

10-Year Treasury Yield Eyes 5% as Rate Hike Risk Builds

This is going to be a fairly important week for markets, given the amount of economic data coming and where rates closed. On Friday, the two-year moved up by almost 13 basis points and the ten-year by nearly six, follow…

Indonesian Rupiah declines despite weaker US Dollar

USD/IDR extends its gains for the second successive day, trading around 17,790 during the European hours on Monday. However, the upward momentum for USD/IDR remains capped by broader US Dollar (USD) weakness.

The euro area is firming up. So is the case for more ECB hikes

At its meeting on 19 March 2026, the Governing Council decided to keep the three key ECB interest rates unchanged. It is determined to ensure that inflation stabilises at the 2% target in the medium term. The war in the…

US Dollar: Warsh speech supports greenback – DBS

DBS Group Research economist Philip Wee notes that the US Dollar (USD) recovered after Fed Chairman Kevin Warsh’s Jackson Hole speech, as futures pricing restored a meaningful probability of a September FOMC rate hike. …