ING’s commodities team reports that Gold demand was steady in 2Q 2026, with total demand flat year-on-year at 1,269 tonnes as strong central bank purchases balanced weaker ETF demand. They note net ETF outflows amid hig…
Commerzbank’s Michael Pfister notes that the Bank of England kept rates unchanged and avoided signalling future hikes, despite a closer-than-expected 6–3 vote and Governor Bailey’s insistence that the BoE is not edging …
Oil prices are ticking lower for the second consecutive day on Friday, with the US benchmark West Texas Intermediate (WTI) barrel hitting session lows a few cents above $80.00. News reporting a moderate recovery of sea …
UOB strategists observe that the Federal Open Market Committee (FOMC) kept the Fed Funds Target Rate at 3.50%–3.75% for a fifth meeting, with a 9–3 split as three presidents sought a 25 bps hike. Their base case is an e…
The British Pound (GBP) faces roadblocks in extending the early recovery against the Japanese Yen (JPY) above 216.33 during the European trading session on Friday. The cross rebounded strongly at THE open as profit-book…
The USD/CAD pair seesaws between tepid gains/minor losses through the early European session on Friday, consolidating its recent losses to the lowest level since June 17, touched the previous day. However, a combination…
Deutsche Bank strategists note that strong Microsoft earnings triggered a global technology rebound, lifting the KOSPI, Nasdaq and semiconductor stocks. The rally helped the S&P 500 record its best day in seven weeks de…
The AUD/USD pair gathers strength to near 0.7035, the highest since June 17, during the early European session on Friday. Expectations that the Reserve Bank of Australia (RBA) might implement another interest rate hike …
The US Dollar (USD) attempts to snap its three-day losing streak on Friday. In European trade, the US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, trades 0.27% higher to near 100.…
ING’s Francesco Pesole writes that EUR/USD broke above 1.150 as broad Dollar weakness persisted, even as the Euro underperformed some G10 peers despite stronger Eurozone data. With Eurozone CPI in focus and a September …
USD/CHF gains ground after two days of losses, trading around 0.8070 during the Asian hours on Friday. The pair appreciates as the Swiss Franc (CHF) remains subdued following the release of Swiss Real Retail Sales data,…
The Indian Rupee (INR) extends the week-long rally against the US Dollar (USD) on Friday. The USD/INR pair slides to a fresh over two-week low near 95.30 due to the overnight slump in the US Dollar amid growing doubts r…
Gold (XAU/USD) continues with its struggle to build on gains beyond the $4,100 mark and drifts lower during the Asian session on Friday, snapping a two-day winning streak. The US Dollar (USD) regains positive traction a…
Silver price (XAG/USD) is down almost 1% to near $58.40 during the Asian trading session on Friday. The white metal faces selling pressure as the US Dollar (USD) rebounds slightly, attempting to snap a three-day losing …
USD/JPY rises after two days of losses, trading around 160.80 during the Asian hours on Friday. The currency pair continues to appreciate as the Japanese Yen (JPY) weakens following the Bank of Japan’s (BoJ) decision to…
Advances in Asia came after an index of chip stocks on Wall Street posted its biggest advance in more than a year. Tech remained in focus with Apple Inc. dropping over 6% in extended trading as supply shortages hurt its…
Welcome back to Asia Tech Review, your curated digest to keep up to date with tech news across Asia.
The Euro (EUR) extends the intraday rally to near 185.20 against the Japanese Yen (JPY) after the Bank of Japan’ (BoJ) monetary policy decision during the Asian trading session on Friday. The BoJ has kept interest rates…
GBP/USD loses ground after three days of gains, trading around 1.3450 during the Asian hours on Friday. The pair depreciates as the US Dollar (USD) gains support from a hawkish pause by the Federal Reserve (Fed) and an …
AUD/USD inches lower after registering over 1% gains in the previous day, trading around 0.7020 during the Asian hours on Friday. The pair remains subdued following the release of disappointing Chinese Purchasing Manage…
The USD/JPY pair is seen building on the previous day's late recovery from sub-158.00 levels, or the lowest since May 14, and gaining positive traction during the Asian session on Friday. Spot prices climb back above th…
July 28, 2026, 3:51 AM EDT. TaskUs (TASK) advanced 5.1% to $5.80 on heavy trading, extending its four-week rally to 16.7%. The company reported a 36% year-over-year jump in AI Services during Q1 2026, fueled by strong d…
West Texas Intermediate (WTI) oil price remains in the negative territory for the second successive day, trading around $82.60 per barrel during the Asian hours on Friday. Crude oil prices have lost ground following ren…
Apple forecast sales for the current quarter ending in September would grow more slowly than Wall Street targeted as the iPhone maker struggled to get the parts it needed to deliver products, and shares fell 5.5% in aft…