The USDCHF climbs over 0.40% on Friday after US consumer inflation data, coupled with Thursday's PPI, pushed investors to price in a Fed interest rate hike at next week's meeting. The pair trades at 0.8165 after rebound…
Sam Azzarello: What's next for markets and the global economy after a year defined by escalating tariffs, persistent geopolitical tensions, and the rise of artificial intelligence across industries?
United Overseas Bank (UOB) strategists Quek Ser Leang and Lee Sue Ann reports that USD/CNH has bounced sharply to 6.7153, with intraday gains likely capped near 6.7200. The bank’s earlier negative stance has softened as…
West Texas Intermediate (WTI) trades near $97.00, about 3.4% lower and on track for its first down session in five. The Financial Times reported on Friday that Gulf foreign ministers will meet their Iranian counterpart …
NEW YORK, Aug. 27, 2026 /PRNewswire/ -- SharonAI Holdings Inc. (NASDAQ: SHAZ) ("Sharon AI" or the "Company"), a leading Australian Neocloud and trusted AI infrastructure partner, today announced an expansion of its exec…
US Treasury yields fall during the North American session on Friday following the release of US inflation data, but are poised to finish the week higher. The US 10-year Treasury yield is down one basis point to 4.951% b…
August 18, 2026, 2:15 AM EDT. Nicotine pouches are becoming a bigger earnings driver for Philip Morris and British American Tobacco as cigarette volumes decline. BAT expects industry pouch revenue to rise from £4 billio…
Domain's FY27 forecast has Sydney and Melbourne house prices falling over the year to June 2027, while Perth, Adelaide and Brisbane are tipped to reach record highs.
A decision on approving the controversial Jackdaw gasfield in the North Sea is to be delayed until later this autumn, with the Greens accusing Labour of hiding their position before the crucial Holborn and St Pancras by…
Funds from Roman Abramovich’s sale of Chelsea FC have earned at least £175m in interest while locked in a UK bank account, new accounts show, leading one analyst to describe the company housing the frozen cash as “the m…
The federal governments have not handled the likely takeover of Commerzbank by Unicredit well so far. Now Federal Finance Minister Klingbeil must avoid further missteps.
Silver price registers gains of over 1%, yet it is trading below the ‘head and shoulders’ neckline, an indication that the overall trend in the short-term may be tilted to the downside. The XAG/USD trades at $64.24, aft…
Washington, D.C.--(Newsfile Corp. - September 11, 2026) - Senior officials from the Securities and Exchange Commission, Federal Deposit Insurance Corporation, Commodity Futures Trading Commission, Federal Reserve Board,…
Gold is building on the previous recovery from one-week lows near $4,350 early Thursday, stretching beyond $4,400. Gold buyers now look forward to the US Producer Price Index (PPI) and Consumer Price Index (CPI) data du…
If there were a 10% chance that AI could wipe out humanity, no responsible government would leave its development to companies racing to build it. Yet until recently, that seemed to be the case. The warning was all the …
Commerzbank economists, led by Dr. Henry Hao and colleagues, note Taiwan’s August trade surplus hit a record USD22.3bn, driven by strong AI-related exports. Electronics and semiconductor shipments surged, lifting overal…
If you’ve recently opened a tin of mackerel and thought there was something fishy going on, you may have been right. An overfishing crisis means that instead of traditional mackerel, some now contain a different fish wi…
Markets expect three rate hikes from the ECB and Bank of England. ING expects none. Roll up! Come take your chance! If you're going to be right, it won't be decided by the data, argues James Smith, but by energy prices.…
West Texas Intermediate (WTI) Oil comes under heavy selling pressure on Friday as traders lock in profits following a sharp rally that pushed the US benchmark to its highest level since May 21. At the time of writing, W…
It is an honour to be invited to contribute to the Asian Monetary Policy Forum. My topic today is to examine the role of Europe in the world economy.[1] International trade, international finance, international technolo…
Brent slipped back toward $104/bbl after briefly pushing close to $110/bbl, easing some of the immediate heat from the inflation trade. The move looks less like Washington suddenly waving an olive branch and more like t…
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