The South Korean won is trading around 1,330 per US dollar, extending its advance towards its strongest level since October 2024 as record export performance and strong dollar supply from exporters support the currency. South Korea’s exports surged 83.5% year-on-year to a record $120.94 billion in September, driven by a remarkable 263% increase in semiconductor […]
West Texas Intermediate (WTI) – the benchmark US Crude Oil price – kicks off the new week on a weaker note, eroding a part of Friday’s strong gains to the $99.25-$99.30 region, or a one-month high. The commodity slides back below mid-$97.00s during the Asian session amid hope of improving supplies after US President Donald […]
The EUR/USD pair trades in negative territory around 1.1230 during the early European trading hours on Monday. Fiscal risks in France and political instability in Europe exert some selling pressure on the Euro (EUR) against the US Dollar (USD). European Central Bank (ECB) Executive Board member Frank Elderson is set to speak later in the […]
The NZD/USD pair holds positive ground near 0.5655 during the Asian trading hours on Monday. The New Zealand Dollar (NZD) edges slightly higher against the US Dollar (USD) following the upbeat Chinese economic data. Traders await New Zealand’s Consumer Price Index (CPI) inflation report, which is due later on Thursday. Data released by the National […]
The AUD/JPY cross attracts some follow-through buyers for the second straight day on Monday, recovering further from an eight-month low, around the 108.65-108.60 region, touched last week. Spot prices climbed back above the 110.00 psychological mark during the Asian session amid a combination of supporting factors. The Australian Dollar (AUD) gets a minor lift in […]
EUR/JPY appreciates after opening at a bearish gap, remaining in negative territory and trading around 177.50 during Asian hours on Monday. Technical analysis of the daily chart shows the currency cross remains within a descending channel pattern, suggesting an ongoing bearish bias. The EUR/JPY cross is maintaining a capped tone as it holds below the […]
US natural gas prices have fallen to $3.07 per million British thermal units (MMBtu), extending recent losses to reach a two-week low as mild weather forecasts reduce expectations for near-term heating demand. With temperatures expected to remain moderate through late October, the market is facing limited seasonal consumption growth just as traders assess the impact […]
European natural gas prices have extended their advance above €88 per megawatt-hour, reaching their highest level since December 2022 as constrained liquefied natural gas (LNG) supplies and escalating Middle East security concerns intensify competition for energy cargoes ahead of winter. Although European gas storage has continued to recover, inventories remain below typical seasonal levels, leaving […]
Gold has climbed above $4,170 an ounce, extending its recent gains as changing Federal Reserve expectations, falling bond yields and renewed safe-haven demand support the precious metal. Investors are reassessing the outlook for US interest rates ahead of the Federal Open Market Committee’s October 27–28 meeting, while concerns about AI-related investment valuations and escalating geopolitical […]
China’s latest economic data presents a mixed picture: stronger GDP growth, improving industrial production and a recovery in retail sales are being offset by falling industrial capacity utilisation, a deepening property investment slump and persistent weakness in domestic demand. Industrial capacity utilisation declined to 73.1% in the third quarter of 2026, down from 74.6% a […]