The Australian dollar is holding steady around US$0.70, remaining close to four-week highs as investors await Australia’s latest consumer price index (CPI) figures. The inflation report could prove decisive for interest-rate expectations, with persistent price pressures potentially strengthening the case for another Reserve Bank of Australia (RBA) rate hike. Underlying inflation is expected to rise […]
South Korea’s economy grew by 1% quarter-on-quarter in the third quarter of 2026, surpassing expectations of 0.7% and accelerating from a 0.6% expansion in the previous quarter, preliminary estimates showed. Exports and investment were the key drivers of overall growth, as the global investment in AI sustained demand for semiconductors. Exports rose 2.3%, led by […]
The US dollar index is holding around 102 after recording gains in two consecutive sessions, as investors prepare for a pivotal week of economic data and the Federal Reserve’s upcoming monetary policy announcement. Expectations that the Fed will leave interest rates unchanged are providing a near-term framework for trading, while shifting forecasts for December policy […]
Japan’s Services Producer Price Index rose 3.7% year-on-year in September 2026, accelerating from a downwardly revised 3.5% in the previous month and matching market expectations. It was the highest reading since June 2024, as persistent labor costs and elevated transport and fuel expenses amid geopolitical tensions continued to drive service-sector inflation. Price growth accelerated in […]
UK shop price inflation rose to 2.1% year-on-year in October 2026 from 1.4% in September, marking the fastest increase since February 2024 and exceeding forecasts of 1.6%. Food price inflation accelerated to 2.9% from 2.5%, its highest since April, while ambient food inflation climbed to 3.2% from 2.2%, the highest since September 2025. Fresh food […]
Crude oil prices have fallen towards $101 a barrel as renewed diplomatic efforts to ease tensions between the United States and Iran raise hopes of avoiding further disruption to global energy supplies. The prospect of renewed negotiations is reducing some of the geopolitical risk premium in oil markets, although uncertainty surrounding the conflict continues to […]
The Chicago Fed National Activity Index in the US rose to +0.07 in September 2026 from -0.08 in August, suggesting economic activity increased. Production-related indicators contributed +0.13 to the Chicago Fed National Activity Index (CFNAI) in September, improving from –0.06 in August. The contribution from sales, orders, and inventories also strengthened, rising to +0.02 from […]
Italy’s 10-year BTP yield held around 4.55%, remaining near its highest level in three years, as traders continue to asses Europe’s fiscal position. Scope affirmed Italy’s sovereign credit rating at BBB+, along with a positive outlook, pending clarity on whether the government can maintain fiscal restraint in next year’s budget. This follows a similar decision […]
The CBI retail sales balance improved to -10 in November 2026 from -55 in October, the highest since April 2025 and above market expectations of -47. Retailers reported the smallest annual decline in sales in 18 months, while sales relative to the time of year were the strongest since May 2024. Expectations for November sales […]
The yield on the US 10-year Treasury note was little changed at around 5% on Monday, pausing a three-week decline that had pushed the benchmark yield close to one-month lows. Investors are bracing for a busy week of economic releases and the Fed’s monetary policy decision. The Fed is widely expected to leave interest rates […]