Commerzbank’s Volkmar Baur notes that Chinese growth remains export-led as domestic demand stays soft, with investment and retail sales under pressure and car sales slumping. While a rising trade surplus supports the cu…
The US Dollar Index (DXY) gained to 99.60 mark on Tuesday, and the bond market drove the move. The 10-year United States (US) Treasury yield touched 5.04% for the first time since 2007, pulled higher by a near 4% jump i…
A toxic mix of a potential slowing in AI spending, rising oil prices, and increased Fed rate hike bets see markets fall, but they end well off the lows.
The Euro (EUR) extends its losses against the US Dollar (USD) on Tuesday, sliding below the 100-day Simple Moving Average (SMA) at 1.1555, opening the door to further downside, with sellers setting their sights on Monda…
1. AI selloff looks like a reset, not a regime break: The selloff is painful but still concentrated in crowded AI and tech winners, rather than showing broad recession stress, disorderly yields or an earnings collapse. …
West Texas Intermediate (WTI) Crude Oil trades just above $100.00, up about 3% on the day. It is on track for a third straight weekly gain. Saudi Arabia shut its East-West pipeline on Friday, and until it reopens the pr…
Commerzbank analysts report that USD/IDR extended gains as investors assessed the appointment of Suahasil Nazara as Indonesia’s new Finance Minister, the third in under two years. While markets took some reassurance fro…
The government has promised retirees they will be excluded from paying tax on the full new state pension after official figures paved the way for an inflation-beating increase above the tax-free personal allowance.
There have been some shocking claims in recent days about AI safety: we face a 10% chance of doom; AIs are worse than nukes; a “botnet” threatens the entire internet; it’s all a big tech psyop.
USD/JPY extends its rebound on Tuesday and trades around 155.00 at the time of writing, up 0.41% on the day. The pair continues its recovery from levels below 153.00 reached last week, mainly supported by broad-based st…
Bristol has become the first British city to impose a ban on the advertising of fast fashion, in new restrictions that will also curb ads for SUVs and airlines.
Russian Foreign Ministry spokeswoman Maria Zakharova stated that Armenia needs to choose between the European Union and the Eurasian Economic Union (EAEU) as soon as possible. She called the argument that it is too earl…
Societe Generale economist Kunal Kundu notes that India’s headline Consumer Price Index (CPI) inflation rose to 4.8% year-on-year in August 2026, staying above the Reserve Bank of India ’s (RBI) 4.0% median target for a…
Deutsche Bank’s Chief UK Economist Sanjay Raja assesses latest United Kingdom (UK) labour market data as signalling a still weak backdrop, with employment struggling and vacancies falling.
Carmaker builds on relationship with British armed forces by seeking to cash in on Europe’s rearmament drive
UOB’s Quek Ser Leang reports USD/JPY reversed earlier downside expectations, dipping to 153.29 before surging to 154.99 and closing at 154.35. The bank now sees scope for a move above 155.00, though 155.50 is likely out…
Lockheed Martin (LMT -0.35%) posted Q1 earnings of $6.44 per share, missing estimates of $6.74, as heavy spending on production expansion and $1 billion in debt repayments weighed on results. Shares fell nearly 5% Thurs…
TD Securities’ macro team, including Oscar Munoz and colleagues, expects the FOMC to deliver a 25bps hike, with the dot plot signaling fewer hikes than markets imply.
The Federal Open Market Committee primarily adjusts the stance of monetary policy through its target range for the federal funds rate. We discuss whether the fed funds rate remains the right operating target for short-t…
The Progress-MS-35 cargo spacecraft will head to the International Space Station (ISS) this week. Roscosmos head Dmitry Bakanov announced this to reporters.
EUR/USD remains on the back foot on Tuesday as rising US Treasury yields support the US Dollar. However, the pair lacks strong follow-through selling as traders avoid placing large bets ahead of the Federal Reserve’s (F…
The FCA has banned Nurul Miah, also known as Neil Mia and Neil Miah, from working in financial services.
The Yen has finally reached the part of the rally where the easy money has probably already been made.