The consumer confidence indicator in the Philippines rose to -29.8 in the third quarter of 2026 from -42 in the previous quarter, which marked the weakest reading since Q4 2020 during the COVID pandemic. The improvement was driven by expectations of higher earnings, additional sources of income, and more stable employment. All three major component […]
Gold is trading around $4,250 an ounce, extending its recent decline and approaching its lowest level in seven weeks. The market is facing pressure from a combination of elevated oil prices, uncertainty surrounding the Strait of Hormuz and growing expectations that the Federal Reserve may need to maintain or increase monetary policy restraint to contain […]
Japan’s benchmark stock market index is trading around 66,845 points, its highest level since August 2026, as the broader equity market maintains its upward momentum. The index has gained approximately 0.52% over the past four weeks and is up 48.19% over the past 12 months, highlighting the strength of the longer-term advance. The market is […]
US equity futures are starting the week under pressure as investors assess a combination of elevated oil prices, rising Treasury yields and uncertainty surrounding developments in the Middle East. The rejection of Iran’s latest proposal to reopen the Strait of Hormuz has kept energy-market risks elevated, while expectations for further Federal Reserve tightening and concerns […]
The Bank of Japan (BoJ) board members shared their views on the monetary policy outlook on Monday, per the BoJ Minutes of the July meeting. Key quotes Members agreed financial conditions remain accommodative. Some members note consumer prices rising, reflecting increased import costs. Several members noted companies steadily pass rising raw material costs, sustaining high wholesale inflation. Many […]
The Australian dollar is trading near 0.7010 against the US dollar as stronger US Treasury yields and increasingly hawkish Federal Reserve expectations keep pressure on AUD/USD. Attention is now turning toward the Reserve Bank of Australia’s upcoming interest-rate decision, which could provide an important counterweight to US monetary-policy expectations. The currency remains caught between two […]
Here’s a brief recap of the key developments in the Middle East war that occurred over the weekend, which are expected to have a significant impact on markets in the upcoming week.
Crude oil has climbed back above $93 per barrel as uncertainty surrounding the Strait of Hormuz increases the risk that the restoration of major oil flows through the waterway could take longer than previously expected. The latest move follows the rejection of Iran’s proposal to reopen the strait, while Tehran says it is still waiting […]
U.S. 10-year Treasury futures plunge as US yields surge T he selloff in the U.S. Treasury market has deepened significantly, pushing yields to their highest levels in nearly two decades and driving a sharp decline in U.S. 10-year Treasury futures (TNOTE ). The pressure began with rising oil prices, which revived concerns about persistent inflation […]
Societe Generale notes the Korean Won has been one of Asia’s standout performers, with USD/KRW slipping from around 1,390 to 1,360 as local exporters sold Dollars ahead of the Chuseok holiday. The bank highlights a supportive backdrop, citing South Korea’s strong export engine and a sharp early-September surge in exports, driven by AI-related shipments alongside […]