The offshore yuan is holding around 6.70 per U.S. dollar as improving Chinese economic data and additional policy support strengthen confidence in the domestic growth outlook. The latest official PMI figures show China’s composite activity index rising to 50.7 in September, moving further into expansion territory and reaching its highest level since December 2025. The […]
The yield on the US 10-year Treasury note held around 5.23% on Wednesday, remaining near its highest level since 2007, while the 30-year yield climbed as high as 5.62%, reaching levels not seen since 2002. Bond yields remained elevated amid persistent energy-driven inflation, a resilient US economy and hawkish signals from Federal Reserve officials that […]
Platinum futures are attempting to recover above $1,700 an ounce after recently falling to a two-month low, with softer oil prices providing some relief to precious metals. Lower crude prices are easing concerns about another inflationary surge, potentially reducing pressure on interest rates and improving the environment for non-yielding metals. However, platinum remains caught between […]
China’s 10-year government bond yield fell to around 1.68% on Wednesday, hovering near its lowest level since July 2025 as fresh policy stimulus and upbeat PMI data reinforced expectations of further support for the economy. Policymakers unveiled a new round of measures, including mortgage subsidies and expanded central bank funding support, while the State Council […]
Australia’s 10-year government bond yield fell below 5.4%, retreating from its highest level since mid-2011, as August inflation figures undershot forecasts, trimming bets of further policy tightening. The monthly CPI rose 0.4%, below the expected 0.5%, while the annual pace accelerated to 4% from 3.5% in July but remained below the 4.1% forecast. The trimmed-mean […]
Key takeaways Commodities Market Overview The past month brought a significant correction across commodities markets, outside the energy group. Sugar, live cattle, and orange juice also gained value. Source: XTB None of the commodities currently appear extremely overbought when looking at technical indicators like RSI, while many of them show a bearish bias looking at […]
Key takeaways Stock indices in Europe are pushing higher on Tuesday, although the oil price is still rising. The Brent crude continuous contract is up by 1% this morning, but it has backed away from the key $100 level that it reached earlier, which is boosting the market mood. Sovereign bond yields are in recovery […]
The Reserve Bank of Australia has raised its cash rate by 25 basis points to 4.60%, taking borrowing costs to their highest level since 2011. The decision was widely anticipated, with the RBA pointing to persistent inflation pressures and a willingness to tighten policy further if required. However, the Australian dollar has struggled to build […]
(D1/H4) time frame. The analysis uses only the Overbalance methodology, which helps identify points where a trend may continue or where a trend reversal may occur. GBPUSD GBPUSD has been trending upward for quite some time, but recently we have seen a marked deepening of the downward correction. After reaching a high around 1.3660, the […]
Francesco Pesole at ING says EUR/USD downside risks have increased after dovish comments from European Central Bank (ECB) President Christine Lagarde, which widened SOFR-ESTR spreads and tempered expectations for an October ECB hike. Lagarde comments pressure Euro outlook “The euro held up relatively well yesterday considering the slew of dovish-leaning comments by ECB President Lagarde, […]