Currency Hedger Analysis The New Zealand dollar has climbed to around US$0.562, extending its recovery from an 18-month low as a weaker US dollar and expectations of further Reserve Bank of New Zealand (RBNZ) tightening provide support. The rebound marks a potential turning point after an extended period of losses, but a sustained recovery will […]
Currency Hedger Analysis The offshore Chinese yuan held near 6.69 per US dollar, its strongest level since July 2022, as Beijing expands access to yuan-denominated investments, financing and hedging instruments. The move signals growing support for the yuan’s international role, although its longer-term strength will depend on China’s economic performance, capital flows and policy decisions. […]
Today Markets Analysis Corn futures remain below $4.80 per bushel, close to an eight-week low, as expectations of a larger US harvest and rising inventories outweigh slower harvesting and stronger export demand. The balance of risks remains tilted towards pressure on prices while production estimates rise and substantial supplies enter the market. Market Snapshot Market […]
The yield on the US 10-year Treasury note remained below 5.1% on Friday after falling sharply in the previous session, as a global equity selloff boosted safe-haven demand for government bonds. Investors are increasingly pricing in a potential slowdown in the artificial intelligence capital expenditure boom, which has been a major driver of the US […]
Today Markets Analysis | Currency Hedger Contributor The euro’s return to $1.00 against the US dollar is no longer a scenario that can be dismissed. France’s deteriorating public finances, political uncertainty, weak eurozone growth and persistent competitiveness problems create a credible case for further euro depreciation. EUR/USD recently fell to around $1.1160, its weakest level […]
Israel’s trade deficit widened to USD 3.99 billion in September 2026, the lowest since March, from USD 3.46 billion in the same month a year earlier, but remained well below the USD 5.77 billion recorded in August. Exports rose 30.7% year-on-year to USD 5.76 billion, while imports increased 23.9% to USD 9.74 billion. In the […]
Today Markets Analysis | Lithium | Battery Metals | Electric Vehicles | Commodities Lithium carbonate prices in China have fallen to CNY 100,000 per tonne in October, their lowest level in nearly ten months, as concerns over softer battery demand combine with ample supply and rising reported inventories. The decline highlights the challenges facing the […]
Today Markets Analysis | Gold | Precious Metals | Federal Reserve | Central Bank Demand Gold is attempting to recover from its recent sell-off, rising more than 1% as investors assess the impact of higher US Treasury yields, Federal Reserve rate expectations and persistent geopolitical uncertainty. The precious metal has stabilised around the $4,100–$4,150 per […]
Today Markets Analysis | Forex | Norwegian Krone | Central Banks The Norwegian krone (NOK) could receive support from Norges Bank’s commitment to keeping interest rates elevated for longer as persistent inflation continues to exceed the central bank’s 2% target. The decision to bring forward a rate hike to September reflects concerns that inflation remains […]
Antje Praefcke at Commerzbank explains that Norges Bank’s September decision to bring forward a rate hike was driven by persistent inflation above its 2% target. With headline inflation at 3.4% and core at 3.0%, the bank now signals policy will stay elevated for longer and another hike cannot be ruled out, a stance she sees […]