Market Pulse
Today in the markets
Scanning schedule…
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United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann note that USD/SGD surged to 1.2754 after previously expecting a tighter range, with the Singapore Dollar (SGD)…
United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann note that USD/SGD surged to 1.2754 after previously expecting a tighter range, with the Singapore Dollar (SGD) Nominal Effective Exchange Rate (S$NEER) still above its mid-point.
EUR/USD holds modest gains on Monday during American trading hours as the US Dollar (USD) struggles to build on Friday’s strength, which followed hawkish remarks from Federal Reserve…
EUR/USD holds modest gains on Monday during American trading hours as the US Dollar (USD) struggles to build on Friday’s strength, which followed hawkish remarks from Federal Reserve (Fed) Chair Kevin Warsh at the Jackson Hole Symposium.
Wee Khoon Chong at BNY reports strong Japanese macro data and resilient housing and commerce indicators, supporting the narrative that Japan has exited deflation and Bank of Japan…
Wee Khoon Chong at BNY reports strong Japanese macro data and resilient housing and commerce indicators, supporting the narrative that Japan has exited deflation and Bank of Japan (BoJ) normalization remains in play.
Silver (XAG/USD) rebounds on Monday and trades around $66.70 at the time of writing, up 0.40% on the day. The main obstacle to a stronger recovery in Silver…
Silver (XAG/USD) rebounds on Monday and trades around $66.70 at the time of writing, up 0.40% on the day. The main obstacle to a stronger recovery in Silver remains the shift in expectations surrounding the Federal Reserve’s (Fed) monetary policy.
GBP/JPY trades on the back foot on Monday as the Japanese Yen (JPY) strengthens against its major peers. The Pound Sterling (GBP), meanwhile, lacks a fresh domestic catalyst…
GBP/JPY trades on the back foot on Monday as the Japanese Yen (JPY) strengthens against its major peers. The Pound Sterling (GBP), meanwhile, lacks a fresh domestic catalyst as UK markets remain closed for the Summer Bank Holiday.
OCBC FX Strategist Sim Moh Siong and Christopher Wong note that Fed Chair Warsh’s Jackson Hole speech eased debasement concerns and supported the Dollar, with Gold lower and…
OCBC FX Strategist Sim Moh Siong and Christopher Wong note that Fed Chair Warsh’s Jackson Hole speech eased debasement concerns and supported the Dollar, with Gold lower and the US yield curve flatter.
BNY’s Wee Khoon Chong notes Oil prices are underpinned by renewed U.S.–Iran tensions near the Strait of Hormuz and President Trump’s claim of a deal granting U.S. majority…
BNY’s Wee Khoon Chong notes Oil prices are underpinned by renewed U.S.–Iran tensions near the Strait of Hormuz and President Trump’s claim of a deal granting U.S. majority control over Venezuela’s vast reserves.
Rabobank’s Elwin de Groot discusses Fed Chair Kevin Warsh’s Jackson Hole speech and its impact on US rates. He notes that Warsh signalled dissatisfaction with recent inflation and…
Rabobank’s Elwin de Groot discusses Fed Chair Kevin Warsh’s Jackson Hole speech and its impact on US rates. He notes that Warsh signalled dissatisfaction with recent inflation and openness to further hikes, lifting near-term rate expectations while lowering longer-term premia.
Preliminary Germany Harmonized Index of Consumer Prices (HICP) data for August arrives at 2.9% YoY, lower than estimates of 3.1% but higher than the previous reading of 2.8%.…
Preliminary Germany Harmonized Index of Consumer Prices (HICP) data for August arrives at 2.9% YoY, lower than estimates of 3.1% but higher than the previous reading of 2.8%. On a monthly basis, inflation grew by 0.2%, slower than 0.3% estimates and the prior release of 0.9%.
Brown Brothers Harriman’s (BBH) Elias Haddad expects Eurozone August headline Consumer Price Index (CPI) to accelerate to 3.3% year-on-year on higher energy, with core inflation steady at 2.5%.
Brown Brothers Harriman’s (BBH) Elias Haddad expects Eurozone August headline Consumer Price Index (CPI) to accelerate to 3.3% year-on-year on higher energy, with core inflation steady at 2.5%.
The US Dollar (USD) is down 0.3% to near 159.65 against the Japanese Yen (JPY) during the European trading session on Monday. The USD/JPY pair declines as the…
The US Dollar (USD) is down 0.3% to near 159.65 against the Japanese Yen (JPY) during the European trading session on Monday. The USD/JPY pair declines as the Japanese currency outperforms its peers on hopes of support from the United States (US)-Japan joint intervention.
The Euro (EUR) posts marginal gains against the US Dollar (USD) on Monday, but it remains close to Friday’s lows at 1.1578, as bulls fail to find significant…
The Euro (EUR) posts marginal gains against the US Dollar (USD) on Monday, but it remains close to Friday’s lows at 1.1578, as bulls fail to find significant acceptance above 1.1600.
Gold (XAU/USD) fluctuates between gains and losses on Monday after opening the week lower and briefly falling below $4,400, its lowest level since August 19, during Asian trading…
Gold (XAU/USD) fluctuates between gains and losses on Monday after opening the week lower and briefly falling below $4,400, its lowest level since August 19, during Asian trading hours. The metal retains a near-term bearish bias as hawkish Federal Reserve (Fed) expectations keep buyers cautious.
Market news and economic-calendar data are provided for information only and do not constitute investment advice or a recommendation to trade.