There are two opaque ways in which the internet’s ecosystem—encompassing commercial websites owned by small- and medium-sized enterprises, citizen journalists, weblogs, and social media platforms—is being undermined by …
The US Dollar (USD) holds its early corrective move in Tuesday’s European session ahead of the United States (US) Consumer Price Index (CPI) data for June, which will be published at 12:30 GMT.
The USD/JPY pair remains on the back foot through the first half of the European session on Tuesday. Intervention risks support the Japanese Yen (JPY) and act as a headwind for spot prices amid a softer US Dollar (USD).…
Gold (XAU/USD) rebounds sharply on Tuesday, erasing losses recorded on the previous day after softer-than-expected US inflation data eased expectations of a near-term Federal Reserve (Fed) interest rate hike.
ING strategists Francesco Pesole, Frantisek Taborsky and Chris Turner note that higher Crude and Gulf tensions are not yet fully priced, leaving short-term upside risks for the US Dollar (USD). They highlight limited Fe…
TD Securities’ Julie Ioffe and James Rossiter argue that the European Union already possesses key ingredients for stronger long-term growth, including wealthy consumers, productive workers, deep private savings and soli…
ING economists Peter Virovacz and Frantisek Taborsky turn more optimistic on Hungary’s growth outlook, noting positive surprises in high-frequency data and stronger consumption. They still project 1.5% GDP growth in 202…
The New Zealand Dollar (NZD) appreciates against the US Dollar (USD) on Tuesday, hardly affected by the risk-averse scenario. Investors’ bets on further rate hikes by the Reserve Bank of New Zealand (RBNZ) and bright da…
The New Zealand Dollar (NZD) extended gains against the Aussie Dollar (AUD) on Tuesday. The AUD/NZD pair has plunged more than 2% over the last five trading days, reaching three-and-a-half-month lows at 1.1955, weighed …
ING’s Warren Patterson and Ewa Manthey highlight supportive fundamentals for Copper, with tightening LME warehouse dynamics and strong physical demand. They note a sharp jump in cancelled warrants, particularly in Asia,…
EUR/CAD extends its losing streak for the third consecutive day, trading around 1.6070 during the European hours on Tuesday. The currency cross depreciates as the commodity-linked Canadian Dollar (CAD) gains ground on h…
Rabobank strategists Joe DeLaura and Florence Schmit keep their Brent Oil forecasts broadly unchanged, projecting $80/bbl in Q3 2026 and $78/bbl in Q4 2026. They argue crude markets remain relatively resilient despite r…
Bank of England (BoE) Governor Andrew Bailey said on Tuesday that the “resumption of hostilities in the Gulf underlines instability going forward.”
Big US banks raked in nearly $50bn (£37bn) worth of profits in the first three months of the year, as they benefited from stock market turbulence triggered by the US-Israeli war on Iran.
TD Securities strategists expect the US Dollar to retain some residual strength in Q3 as positioning normalizes and traditional safe-haven demand returns. They expect June US CPI to show subdued underlying inflation, wi…
The Euro (EUR) is up 0.12% to near 1.1395 against the US Dollar (USD) during the early European trading session on Tuesday. The major currency pair rises as the US Dollar corrects ahead of the United States (US) Consume…
Commerzbank’s Tatha Ghose highlights that Turkey’s current-account deficit widened in May and remains structurally driven by savings-investment imbalances. Portfolio inflows are muted, with May showing renewed outflows …
DBS Group Research economist Radhika Rao notes India’s onshore markets are closely watching global geopolitical risks as Oil prices rebound. The report highlights USD/INR moving to the high-95 area before facing interve…
The Indian Rupee trades significantly lower against the US Dollar (USD) on Tuesday. The USD/INR pair posts a fresh seven-week high near 96.13 as surging oil prices and United States (US) Treasury Yields due to threats o…
United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann report that EUR/USD slid to 1.1377 and closed at 1.1381, a two‑week low, as the Dollar strengthened ahead of United States (US) Consumer Price Index (CPI). Whi…
The United States Central Command (CENTCOM) said on Tuesday that US forces complete new strikes on Iranian military targets, adding that more than 50,000 US service members are currently deployed across the Middle East,…
The GBP/USD pair trades in positive territory around 1.3360 during the Asian trading hours on Tuesday. However, the potential upside for the major pair might be limited amid fears of an escalating US-Iran conflict. The …
USD/IDR depreciates after registering gains in the previous day, trading around 18,140 during the Asian hours on Tuesday. The Indonesian Rupiah (IDR) stabilizes against the US Dollar (USD), buoyed by a rally in domestic…
The Iranian Islamic Revolutionary Guards Corps (IRGC) said on Tuesday that two 'offending supertankers' were hit and disabled in the Strait of Hormuz. IRGC said that tankers ignored warnings, turned off navigation syste…