BNY’s Geoff Yu argues that the Eurozone recovery remains intact even as the Euro (EUR) weakens. Manufacturing PMIs and business surveys in Germany and across Europe point to strengthening demand, while fiscal stress and…
Royal Mail is to cut up to 2,500 jobs as the embattled company seeks to restructure its business amid intense competition and the continuing decline in letter deliveries.
The British pound (GBP) has fallen in value this year amid rising inflation, the prospect of the economy entering recession by the end of the year, political uncertainty, and persistent strength in the value of the US d…
Societe Generale notes EUR/HUF rebounded from its 50-day moving average after a downside surprise in Hungarian CPI. Inflation remains below the MNB target, with the stronger Forint helping to curb price pressures and ke…
Rabobank’s Senior FX Strategist Jane Foley reviews the sharp USD/JPY declines in July and September, initially driven by joint Ministry of Finance (MoF)–US Treasury intervention and later without official action. The re…
The head of the International Monetary Fund has called on governments across big economies to tighten their belts as soaring bond yields hit budgets.
Asahi and Kirin confirmed their premises were searched by Japanese competition authorities.
James Kaye (Chair, HSBC) welcomed new Committee members: Adam Jukes (Deutsche Bank) replacing Nimit Jobanputra, and Jonathan Morris (Goldman Sachs) replacing Anna Chadderton.
West Texas Intermediate (WTI) oil price declines after paring its daily gains, trading around $89.00 per barrel during European hours on Wednesday. Crude oil prices fall as traders weigh increased Gulf exports against p…
Gold (XAU/USD) retraces Tuesday’s gains on Wednesday and resumes its broader bearish trend, with the US Dollar (USD) appreciating across the board, as investors brace for the release of the minutes of the latest Federal…
Too costly for most, too large for UK car parks, and wheels bigger than a warlord’s pickup truck. But it does come in ‘London red’
Societe Generale notes USD/SEK broke out of a large base in September, extending its rebound and recently posting an interim high near 10.10 before a brief pullback. The bank highlights the 9.83/9.79 area as an importan…
Scotiabank strategists Shaun Osborne and Eric Theoret note USD/CAD around 1.4227 with the Canadian Dollar (CAD) flat versus the US Dollar (USD) but outperforming most G10 peers. CAD retains much of Tuesday’s 0.4% gain, …
Andrea Rosen (Chair, Bank of England) welcomed Sylvain Duquenoy (RBC Capital Markets) and Myles McGuiness (Financial Markets Standards Board (FMSB)) as new members of the Committee. Ms Rosen noted that going forward Mr …
(Kitco News) – Gold prices saw another choppy week, as renewed Middle East uncertainty and bargain-hunting failed to offset pressure from elevated Treasury yields, a resilient U.S. dollar, and fresh evidence that the Fe…
OCBC Bank strategists Sim Moh Siong and Christopher Wong argue that the US Dollar's (USD) structural support from the US technology and AI sectors remains intact, but they are more cautious on further near-term USD gain…
The September 2026 SESFOD survey covered a period of uncertainty linked to the conflict in the Middle East and volatile energy prices. The European Central Bank (ECB) raised its key interest rates by 25 basis points in …
Cloud seeding is gaining attention as countries look to boost rainfall - will drones help?
Commerzbank’s Tatha Ghose highlights that Poland’s National Bank (NBP) is expected to keep its base rate at 3.75% in October, with guidance from Thursday’s press conference key. Several MPC members now see scope for rat…
Record prices caused by global shortages amid shutdown of war-damaged refineries in Middle East and Russia
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Gold (XAU/USD) extends its decline on Wednesday, falling nearly 1.60% as the US Dollar (USD) and US Treasury yields resume their advance following a modest pullback the previous day. At the time of writing, XAU/USD trad…
Postal service firm Royal Mail has announced plans to cut 2,500 head office and other support jobs by the end of 2027.
The Prudential Regulation Authority (PRA) proposes that 128 thresholds across banking, insurance and credit unions increase automatically with nominal Gross Domestic Product (GDP) going forward.