Bahrain’s annual inflation rate rose to 3.1% in September 2026, following a 3.0% increase in each of the previous two months, marking its highest level since December 2022. Prices accelerated in transport (11.6% vs 7.8% in August), while costs rebounded in alcoholic beverages and tobacco (3.4% vs -0.7%), furnishings, household equipment and routine household maintenance […]
Saudi Arabia’s trade surplus narrowed to SAR 15.6 billion in August 2026 from SAR 19.7 billion in the same month last year. Exports dropped 11.5% year-on-year to SAR 87.2 billion, weighed down by a 12.5% fall in oil exports, which accounted for 70.0% of total exports. Meanwhile, non-oil exports rose 8.5%, driven by an increase […]
WTI crude oil prices are retreating after opening the new week on a weaker footing, slipping below $100.50 as hopes of easing hostilities in the Middle East prompt some profit-taking following a recent five-month high. However, the broader bullish outlook remains supported by unresolved geopolitical risks, with the standoff involving Iran, Yemen’s Houthi movement and […]
USD/IDR gains ground for the fourth successive day, trading around 18,150 during Asian hours on Monday. The pair appreciates as the Indonesian Rupiah (IDR) faces challenges due to fiscal concerns that persist amid higher oil prices, given Indonesia’s status as a net oil importer. Concerns also grew that Bank Indonesia (BI) may face a difficult […]
Japan’s economic outlook strengthened in August 2026, with the leading economic index reaching 118.0, its highest level since January 2014. The final reading matched the preliminary estimate and improved from 117.6 in July, suggesting that forward-looking indicators remain resilient despite pressure on current economic activity. The improvement comes as the Japanese government deploys a record […]
The Indian rupee is weakening towards 95.0 per US dollar as foreign investment support fades and elevated crude oil prices increase pressure on India’s external balance. The currency has retreated from recent multi-week highs, with investors watching whether foreign portfolio outflows and rising energy-import costs will intensify demand for US dollars. Support from inflows associated […]
The South Korean won has strengthened to its highest level since October 2024, with the USD/KRW exchange rate touching 1,320. The move extends a broader decline in the US dollar against the won, reflecting sustained appreciation in the Korean currency over both the short and longer-term periods. USD/KRW has fallen by 2.86% over the past […]
The AUD/JPY cross trades in negative territory around 110.35 during the early European session on Monday. The Japanese Yen (JPY) strengthens against the Australian Dollar (AUD) as hawkish language may reinforce expectations that the Bank of Japan (BoJ) will raise interest rates this year. The majority of economists polled by Reuters expect a rate hold […]
Silver price (XAG/USD) declines after opening at a bullish gap, trading around $53.70 per troy ounce during Asian hours. Silver price falls as safe-haven demand eases after US President Donald Trump ruled out immediate military action against Iran. Speaking to Al Jazeera, Trump stated, “There will not be a strike today.” However, market anxiety persists […]
The EUR/USD pair recovers some lost ground to near 1.1220 during the early Asian trading hours on Monday. However, the potential upside for the pair might be limited amid concerns over French unrest and political risks. Germany’s IFO reports are due later on Monday. CNBC reported that protests throughout France over the worsening cost of […]