Free debt advice is available to everyone. However, the FCA is concerned that some consumers are being steered towards fee-paying debt solutions that may not be suitable for their needs, sometimes through high pressure …
A summer of wildfires and heatwaves underlines the threats to the country's economy.
Short-term fair value has slipped below 1.150 for the first time since late July, while the two-year SOFR ESTR spread has widened back toward 150bp, also around levels last seen in July. Interestingly, oil now carries o…
Essentially, we experienced an initial wave of energy price increases in March and April this year, and then some optimism after the United States and Iran signed the Memorandum of Understanding on 17 June to bring the …
Reserve Bank of Australia (RBA) Governor Michele Bullock said in a statement released during the Asian trading session on Tuesday that supply shocks are difficult for monetary policy to deal with. Bullock added, “Policy…
The government borrowed more than expected in August, as persistently higher inflation pushed up overall spending.
The AUD/USD pair gains ground to near 0.7120 during the early European trading hours on Tuesday. The Australian Dollar (AUD) strengthens against the US Dollar (USD) following Reserve Bank of Australia (RBA) Governor Mic…
The USD/CAD pair extends its consolidative price move through the early European session on Tuesday, trading below 1.4050, or the highest since August 6, amid mixed fundamental cues.
Reserve Bank of New Zealand (RBNZ) Governor Anna Breman said on Tuesday that if higher oil prices persist, they are expected to result in somewhat higher near-term inflation than assumed in the September statement. Brem…
Kylian Mbappe’s France continue their quest for the world title, facing Lamine Yamal’s Spain in a blockbuster semifinal.
NZD/USD extends its losing streak for the third consecutive day, trading around 0.5700 during the Asian hours on Tuesday. The currency pair is facing downward pressure as the New Zealand Dollar (NZD) weakens following s…
The GBP/USD pair consolidates above mid-1.3300s during the Asian session on Tuesday and remains within striking distance of its lowest level since July 30, touched last week. Moreover, the fundamental backdrop seems til…
The US Dollar (USD) holds onto previous day’s gains on Tuesday, with the US Dollar Index (DXY) trading firmly around 100.40.
A Canadian province is suing OpenAI over its alleged failure to notify authorities about concerning user interactions on ChatGPT prior to the Tumbler Ridge mass shooting.
EUR/JPY extends its gains for the third consecutive day, trading around 180.60 during Asian hours on Tuesday. Technical analysis of the daily chart shows the currency cross remaining within a descending channel, suggest…
Gold (XAU/USD) attracts some sellers following a modest Asian session uptick on Tuesday and slides below $4,350 in the last hour, though the downside seems limited. The US Federal Reserve's (Fed) hawkish outlook is seen…
Hundreds of flights have been delayed at major airports in the US after construction workers accidentally cut a cable needed for air traffic control.
Gold price (XAU/USD) declines to near $4,365, snapping the two-day winning streak during the early Asian session on Tuesday. The precious metal loses ground on the prospect of further monetary tightening by the US Feder…
The New Zealand Dollar extends its losses for the second straight trading session, down 0.13% after last week’s Fed rate hike and a hawkish tilt within the board, which was reinforced by speeches of Fed officials on Mon…
Written prescription fees from vets will be capped at £21 as part of a raft of changes that practices will be legally required to bring in over the coming months.
UOB’s Jester Koh assesses Singapore’s soft labour market and its implications for Monetary Authority of Singapore policy. The Labour Market Pressure Index shows rising slack, which UOB links to weaker passthrough of sup…
On Monday, Boston Federal Reserve (Fed) President Susan Collins said the resumption of hostilities in the Middle East was a key reason for supporting the increase in the Fed funds rate last week.
Verizon, which owns the cable, says it is working to repair it "as quickly as possible".
Gold price retreats on Monday, down over 0.6% following last week’s Federal Reserve (Fed) interest rate hike. That 25 bps hike initially pushed US bond yields higher, but the US Dollar Index (DXY) has recovered some gro…