Wait-and-see ahead of FOMC meeting Asian markets are likely to spend the day in wait-and-see mode with a slight downward bias today, as the street moves...
The Swiss franc is showing limited movement in the Tuesday session. In the North American session, USD/CHF is trading at 0.9140, down 0.15% at the day....
What happened to gold in Q2 2021? Our gold price update outlines key market developments and explores what could happen moving forward. The post Gold Price...
New Chinese restrictions sends Asia lower The weekend was dominated by China’s announcements of a crackdown on Tencent Music, and more importantly, its intention to all...
US dollar edges lower Not much has changed in currency markets overnight, as US bond yields remained almost unchanged in the overnight session. The dollar index...
BTC price inched toward 2020's support with traders expecting more gains if a breakout occurs. A four-day winning streak brought the Bitcoin (BTC) prices closer to...
The Delta variant of the virus has emerged as an important economic force, just as more countries appeared to adopt the attitude that we should now...
Major week for US markets All eyes on the US next week as the Fed meets and we head into peak earnings season. The central bank...
Overview: The combination of the dovish ECB's forward guidance and the unexpected rise in weekly US jobless claims to a two-month high sent bond yields tumbling. ...
Monday’s “delta-dip” receded further into the rear-view mirror overnight, as US stocks edged higher and US yields fell after the overnight US 10-Year TIPS auction went...
Overview: The rally in US shares yesterday, ostensibly fueled by strong earnings reports, is helping to encourage risk appetites today. The MSCI Asia Pacific Index is...
How the cost of what we eat rises and falls.
Triggered by this week’s sell-offs, Jim Cramer expressed his concerns that Tether, as “the Achilles heel” of cryptocurrency, brings further risk exposure to markets. The post...
Overview: Concerns that the Delta mutation will slow or even reverse the recovery efforts appear to be sapping risk-taking appetites. Equities are under pressure. Nearly all...
There is plenty for Asia to think about today, with the BoJ unchanged, China clamping down on property developers, Australian lockdowns widening, New Zealand inflation ballooning,...
Financial markets want to know if the Fed is committed to a sustained inflation overshoot. The bond market flattener trade suggests many market participants think we...
OPEC+ nerves weigh on oil Oil prices continued to fade overnight, as markets that were already heavily long weighed up the implications of the apparent higher...
US dollar steady despite fall in yields Despite another fall by US long-dated bond yields and a retreat by tech stocks, the US dollar continues to...
Oil set for large weekly declines Oil prices are extending losses on Friday, with oil set to decline over 4% this week. The spectacular rally in...
Stocks rebound but flat across the week European stocks are rebounding on Friday after Covid inspired losses from the previous session. Instead, corporate updates and Eurozone...
A strengthening dollar could be negative for pretty much every risk asset on board, including Bitcoin, whose value boomed against the dwindling greenback after March 2020....
The Federal Reserve Chairman steadied the post-US-inflation ship overnight, reiterating that virus-disrupted price increases among the CPI components would ease in the coming months. Regarding the...
OPEC+ sends oil lower Reports are emerging that Saudi Arabia and the UAE have reached an agreement on their dispute, with the UAE apparently securing a...
European stocks are heading lower for a second session, dragged down by oil majors and travel stocks as oil prices declined and Covid cases rose. Broadly...
Transitory Fed weakens US dollar With Jerome Powell firmly camped still in the transitory inflation corner, US bond yields unwound their previous day’s rise, and that...
He stated that stablecoins need stricter regulations if they are to be part of the payment universe. Fed Chairman Jerome Powell told the House of Representatives...
Overview: The Reserve Bank of New Zealand jumped to the front of the queue of central banks adjusting monetary policy by announcing the end of its...
I do take pleasure in being a kiwi on many levels, one of which is the refreshing habit kiwis have of telling it like it is....
US dollar rallies on US inflation data The title says it all as much higher than expected US inflation data saw tapering sentiment rise sharply, pushing...
Currency markets wait for cue from CPI With a comparatively light news flow overnight, currency markets are also in wait-and-see mode ahead of US inflation this...