DBS Group Research’s Philip Wee highlights the challenges facing GBP/USD as the UK Autumn Budget and FOMC decision put fiscal credibility and monetary policy divergence in focus. He notes that expectations for a hawkish Fed and ECB, alongside prospects of a Bank of England rate hike, have helped the Pound outperform the Euro over the […]
The Euro (EUR) trades close to its yearly low of 1.1113 against the US Dollar (USD) during the European trading session on Wednesday. The major currency pair is under pressure as heightened concerns in French bond markets and rising oil prices continue to weigh on the Euro. Euro pressured as French spreads widen and confidence […]
MUFG’s Derek Halpenny notes the US Dollar (USD) is under upward pressure ahead of the FOMC, with NZD/USD hit hard after a surprise Reserve Bank of New Zealand (RBNZ) hold. He expects the FOMC to keep rates on hold but maintain a hawkish tone, with December largely priced. Any dovish surprise, including focus on tighter […]
Hong Kong’s external trade activity accelerated sharply in September 2026, with imports rising 57.8% year on year to HK$808.9 billion. The increase followed a 60.0% surge in August and represented the second-strongest annual import growth since 1974, highlighting the scale of the expansion in cross-border goods flows. The latest figures point to particularly strong demand […]
The Thai baht traded around 33.8 per US dollar, hovering near its weakest level since July, as the Bank of Thailand maintained its accommodative monetary stance. The central bank unanimously kept its policy rate unchanged at 1.00% for a fourth consecutive meeting, as expected, stating that the current rate remains appropriate to support the economic […]
Indonesia’s 10-year government bond yield rose to 7.66%, its highest level since October 2022, as U.S. Treasury yields remained elevated ahead of the Federal Reserve’s interest rate decision. Although the central bank is widely expected to hold rates steady, investors will look for signals on its policy outlook. Domestically, uncertainty over Indonesia’s MSCI market status […]
Today’s session will be dominated by central bank decisions , with the most important events scheduled for the second half of the day. First, the Bank of Canada will announce its policy decision and publish a new Monetary Policy Report. Markets will focus not only on the level of interest rates, but above all on […]
Japan’s 10-year government bond yield climbed above 2.8% on Wednesday, recovering from multi-month lows as demand for safe-haven global bonds weakened amid improving sentiment toward artificial intelligence. South Korean chipmaker SK Hynix also posted strong third-quarter results and announced increased shareholder returns supported by AI-driven profits, strengthening the sector’s outlook. Meanwhile, investors are turning their […]
Geoff Yu at BNY highlights that foreign appetite for United Kingdom (UK) assets is constrained by uncertainty over Bank of England (BoE) tightening and currency swings, even as domestic investors increase Gilt purchases. He notes that expectations for BoE policy look too hawkish, and suggests a weaker trade‑weighted British Pound (GBP), alongside fiscal credibility and […]
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $100.75 during the early European trading hours on Wednesday. WTI rises after an attack on a refinery in Saudi Arabia renewed concerns around supply risks from the major exporter. Reuters reported that Yemen’s Iran-aligned Houthis on Tuesday had launched a ballistic missile toward […]