USD/CHF steadies after registering 0.7% losses in the previous day, trading around 0.8090 during the Asian hours on Wednesday. The pair faced challenges as the US Dollar (USD) lost ground following softer-than-expected …
China’s Deputy Head of the National Bureau of Statistics (NBS) expresses confidence during the Asian market session on Wednesday that the economy remains resilient despite a slowdown in the second quarter this year.
Shares of companies tied to artificial intelligence infrastructure fell Tuesday after a report that OpenAI has fallen short of internal growth expectations, raising fresh questions about whether the pace of spending acr…
EUR/JPY extends its gains for the third successive day, trading around 185.40 during the Asian hours on Wednesday. The currency cross is retaining a mildly bullish tone as it holds above both the nine-period and 50-peri…
The United States (US) military's Central Command (CENTCOM) confirms that it conducted another set of strikes against Iran at 10 PM ET on July 14. The CENTCOM said that it struck dozens of military sites near the Strait…
The NZD/USD pair trades in positive territory around 0.5825 during the Asian trading hours on Wednesday. The New Zealand Dollar (NZD) remains firm against the US Dollar (USD) after the Chinese economic data. The attenti…
AUD/USD extends its gains for the second successive day, trading around 0.6980 during the Asian hours on Wednesday. The pair holds gains as the Australian Dollar (AUD) remains stronger following the release of key econo…
The EUR/USD pair gains ground to near 1.1425 during the early Asian trading hours on Wednesday. The US Dollar (USD) weakens against the Euro (EUR) as softer-than-expected US inflation data temporarily eased pressure on …
Rio Tinto releases first quarter 2026 production results 21 April 2026 9% YoY CuEq1 growth from our three value-generating, world-leading businesses Rio Tinto Chief Executive Simon Trott said: “Safety is the foundation …
US President Donald Trump said that Iran retains some resilience but is largely depleted. He emphasized that he will preserve energy objectives in Iran until the end, Fox News reported on Tuesday.
Gold price (XAU/USD) rises to around $4,050 during the early Asian session on Wednesday. The precious metal rebounds as softer-than-expected US inflation data boosted hopes of the US Federal Reserve (Fed) adopting a le…
Rabobank's Michael Every reports that Chancellor Merz has called for dialogue with China on monetary and FX policy, arguing CNY is 20–30% undervalued and should float more freely. Every notes China will not accept a Pla…
Standard Chartered economists Carol Liao and Hunter Chan note that China’s fiscal support softened in Q2 2026 after strong Q1 activity, leading to a sharp slowdown in infrastructure FAI similar to H2-2025. They expect t…
The New Zealand Dollar extended its rally, registering solid gains versus the US Dollar after the latest US inflation report, which tempered speculation of a Fed rate hike and trimmed investors' bets by half. At the tim…
Cable trades just beneath the 1.3400 handle late in Tuesday's session, pinned under a 200-day Exponential Moving Average (EMA) that sits a few pips shy of the figure and has capped every recovery attempt for two weeks. …
Commerzbank’s Dr. Henry Hao and Moses Lim note S&P Global Ratings affirmed Indonesia’s BBB sovereign rating with a stable outlook, citing fiscal discipline and adherence to the 3% deficit ceiling. Nonetheless, S&P views…
The British Pound registers gains against the Japanese Yen on Tuesday, rising by over 0.12% to 217.04, with the cross-pair poised to test the year-to-date (YTD) high of 218.01.
United Overseas Bank (UOB) analysts Quek Ser Leang and Lee Sue Ann note that USD/CNH remains in a consolidation phase, with intraday price action confined to tight ranges. They describe recent moves as part of a broader…
Attovia Therapeutics filed for an initial public offering and applied to list its shares on the Nasdaq Global Market under the ticker “ATTO.” The clinical-stage biopharmaceutical company develops next‑generation biologi…
A coalition of a dozen states on Monday sued to block Paramount Skydance's acquisition of Warner Bros. Discovery, posing a new challenge to the $110 billion deal that would unite two of the nation's largest media compan…
United Overseas Bank’s Quek Ser Leang and Lee Sue Ann note that USD/SGD stayed firm on Monday, closing at 1.2945 after trading between 1.2906 and 1.2950, with the Singapore Dollar (SGD) Nominal Effective Exchange Rate (…
The US Dollar Index (DXY) fell around 0.4% to 100.90 on Tuesday after softer-than-expected United States (US) inflation data weakened demand for the Greenback. The headline Consumer Price Index (CPI) declined 0.4% MoM i…
EUR/USD trades higher near 1.1420 on Tuesday as the US Dollar (USD) weakens following softer-than-expected United States (US) inflation data. The Euro’s recovery remains mainly driven by broad Greenback selling rather t…
Dr. Henry Hao at Commerzbank reports a strong upside surprise in China’s June trade data, with exports up 27% and imports 36% year-on-year, driven by global AI infrastructure demand. He notes booming external accounts c…