Danske Bank’s Danske Research Team reports a strong rebound in global equities, with the S&P 500, Nasdaq, Stoxx 600 and Kospi all posting solid gains despite a recent Fed hike and further tightening priced. The team argues that robust consensus earnings growth of 35% and rising estimates make a sustained equity sell-off difficult, advocating a […]
MUFG notes that Oil prices have declined as markets reassess supply risks tied to the US-Iran war and regional chokepoints. Saudi Arabia’s efforts to restore the East-West pipeline and continued tanker traffic through the Strait of Hormuz, alongside diplomatic moves by the US, Gulf nations, China and Iran, have supported a rally in risk assets […]
United Overseas Bank’s (UOB) Quek Ser Leang maintains a bearish stance on EUR/USD after recent declines, expecting the pair to trade intraday between 1.1460 and 1.1500 as momentum eases. Over the coming weeks, the Euro (EUR) is seen potentially extending losses toward 1.1435 and 1.1400, with strong resistance at 1.1545 and EMAs signalling further downside. […]
USD/IDR halts its six-day winning streak, trading around 17,780 during Asian hours on Friday. The currency pair continues to hold its losses, with the Indonesian Rupiah (IDR) drawing strength from a pullback in crude oil prices. Lower energy costs have helped ease fears of imported inflation across the region. Crude prices tumbled following reports that […]
UK retail sales volumes rose 0.5% month-on-month in August 2026, defying market expectations of a 0.2% fall and rebounding from a 0.5% decline in July. Non-store retailers partially recovered from July’s decline, when earlier promotional activity in June pulled sales forward. Non-food store sales volumes rose 0.6%, with department stores recovering from stock availability issues […]
Germany’s producer prices advanced 4.6% year-on-year in August 2026, marking the fifth straight month of producer price growth and accelerating from July’s reading of 3.0% while surpassing market forecasts of 4.1%. It was the fastest increase in producer prices since April 2023, mainly boosted by rises in energy prices (8.3% vs 3.8% in July), driven […]
Foreign exchange is more than simply converting one currency into another. For businesses and individuals moving significant amounts of money internationally, the exchange rate at which a transaction is completed can materially affect the final cost of a property purchase, investment, supplier payment, salary transfer, acquisition or international business transaction. Currency Hedger provides a managed […]
Gold (XAU/USD) attracts some buyers for the second straight day, though it remains below the weekly top through the Asian session on Friday amid mixed cues. US bond yields retreat further from multi-year highs as the recent pullback in crude oil prices helped alleviate immediate fears of runaway inflation. This, in turn, keeps US Dollar […]
WTI crude oil prices are consolidating below the mid-$96 area on Friday after failing to extend the latest rebound from $94.65, but the broader technical structure remains constructive as escalating Middle East tensions keep a geopolitical risk premium embedded in oil prices. West Texas Intermediate is trading around $96.35 per barrel, down roughly 0.20% on […]
USD/CHF extends its losses for the second successive day, trading around 0.8230 during Asian hours on Friday. The pair depreciates as the US Dollar (USD) faced challenges from falling oil prices, which helped ease broader inflation concerns. Easing inflation concerns pulled US Treasury yields back from their recent multi-year highs, with the benchmark 10-year yield […]