Japanese Prime Minister Sanae Takaichi said on Friday that the government will focus on measures to strengthen the economy by enhancing areas with competitive edge.
US President Donald Trump said that Iran cannot do anything pertaining to its nuclear program without approval from the United States (US), the Times of Israel reported on Thursday.
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $90.15 during the early European trading hours on Thursday. WTI gains traction as traders assess the outlook for US-Iran relations following t…
Gold price (XAU/USD) jumps to a more than two-week high near $4,085 during the early Asian session on Friday, bolstered by a weaker US Dollar (USD) and lower oil prices. Traders will closely monitor the US September emp…
The Australian Dollar collapsed over 1% on Thursday as risk appetite soured and US tech stocks sold off, while strong US jobs data boosted the US Dollar ahead of Friday’s crucial Nonfarm Payrolls report. The AUD/USD tra…
The Yen is gaining on a Dollar that is up against the Pound, the Euro, the Kiwi and the Aussie on Thursday. Bank of Japan (BoJ) minutes that read as a case for a December hike did it, with help from a fall in US technol…
The Japanese yen was the strongest major currency on Thursday, November 5. USD/JPY drifted lower for a second straight session and traded near 158.00 in the U.S. afternoon, down from Wednesday’s close of 158.45. The pai…
Societe Generale strategists see improving risk-reward in China equities after a recent correction, especially in onshore technology. They highlight National Team purchases and revived buyback incentives as evidence of …
The Japanese Yen (JPY) outperforms all its major peers on Thursday as traders seek safety in the currency amid a sharp sell-off in US equities led by technology and chip shares. The US Dollar (USD) also gives up earlier…
The Bank of England (BoE) raised its Bank Rate by 25 basis points to 4.00%, with eight policymakers backing the move and Catherine Mann preferring a larger 50-basis-point increase. The decision came as the BoE sharply l…
Bank of England (BoE) Governor Andrew Bailey said that the central bank is “watching the extent of inflation pass-through,” while acknowledging that inflation risks are tilted to the upside, after the BoE raised interes…
European Central Bank (ECB) President Christine Lagarde crossed the wires on Thursday and said that “the current situation is made hard by the energy shock and AI pulling in opposite directions.”
A fresh wave of selling in AI-linked stocks is pulling Wall Street into one of its worst days in recent memory. A Democratic win in both the upper and lower houses has added fresh worries that AI data center projects co…
Bank of Canada (BoC) Governor Tiff Macklem appeared in the House of Commons, saying there may be a need to raise rates further.
Wall Street staged a broad rally on Wednesday after Democrats captured both chambers of Congress from President Donald Trump's Republican Party, a result that removed a layer of political uncertainty just as a steep dro…
GBP/USD trades at 1.3240 late Friday morning in New York, up 0.09% on the session after reaching 1.3250 in European dealing. The pair closed last Friday at 1.3240. Five sessions, a Federal Reserve governor’s speech, a r…
Several flights across Europe received bomb threats Tuesday, causing searches and diversions
Gold (XAU/USD) extends gains on Thursday, moving further away from the year-to-date low of $3,870 touched last week. The metal attracts buyers as the US midterm election results fuel volatility across financial markets.…
AUD/USD continues to consolidate above the 0.7000 level on Thursday, trading around 0.7010 at the time of writing, up a modest 0.04% on the day. The Australian Dollar (AUD) benefits from persistent weakness in the US Do…
Societe Generale strategists highlight that GBP/USD has rebounded from the lower boundary of its multi‑month range and reclaimed its 200‑DMA, suggesting scope for further recovery. The bank sees resistance near 1.3555/1…
MUFG’s Lee Hardman notes that the US Dollar (USD) has extended its post-US mid-term election decline, with the US Dollar Index (DXY) down and US yields softer as Brent Oil drops back towards its 200-day moving average. …
Antje Praefcke at Commerzbank reports that the Riksbank raised its policy rate from 1.75% to 2.00% as expected and remains in restrictive mode, but the statement weakens the case for a December hike. She sees the key de…
The blue wave has taken the war premium out of oil, put a bid under gold and tried to knock the dollar completely off its perch. But currencies aren't traded in a political vacuum. Until US front-end rates start losing …
Oil prices are showing their sharpest weekly decline in months, as the landslide Democratic victory in the US midterm elections has boosted hopes of an end to the war against Iran. The US benchmark West Texas Intermedia…