Tuesday, 3 November 2026
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BNY’s Geoff Yu notes that the Bank of Canada (BoC) is widely expected to keep its policy rate unchanged at 2.25%, with markets not pricing cuts until at least Q4. The report states that recent core inflation and labor m…
Japan currently has no immediate plans to change target asset allocations of its state pension funds but could work within existing allowable ranges to direct more investment to domestic assets, people with knowledge of…
BNY’s Geoff Yu argues that United Kingdom (UK) assets, including the British Pound (GBP) and gilts, will react more to the choice of chancellor under incoming Prime Minister Andy Burnham than to the leadership change it…
DUBAI, United Arab Emirates (AP) — The United States and Iran each asserted Monday they controlled the Strait of Hormuz after a weekend of attacks stretching across the wider Middle East, further threatening any diploma…
Gold (XAU/USD) opens with a modest bearish gap at the start of a new week and slides back closer to the $4,050 level during the Asian session. A further escalation of tensions between the US and Iran, along with the clo…
The GBP/JPY cross rebounds a few pips following an Asian session dip to mid-216.00s on Monday, stalling its modest pullback from the highest level since January 2008, touched last week. Spot prices, however, lack follow…
UOB’s Quek Ser Leang and Lee Sue Ann highlight that EUR/USD has slipped after testing 1.1460, with increasing downward momentum but major support at 1.1360 seen as difficult to reach near term. For the coming 1–3 weeks,…
Ryohin Keikaku, the company behind the Muji brand, announced on the 10th that it has raised its consolidated net profit forecast for the fiscal year ending August 2026 to ¥67 billion (approximately $414.0 million), up f…
The EUR/JPY cross trades in positive territory around 184.65 during the Asian trading hours on Monday. However, the potential upside for the cross might be limited as heightened geopolitical tensions in the Middle East …
The Euro (EUR) depreciates moderately against the US Dollar (USD) on Monday, as escalating tensions between the US and Iran and the closure of the Strait of Hormuz dampened appetite for risk and boosted inflationary pre…
SEOUL, July 13 (Yonhap) -- The South Korean central bank said the global semiconductor market remains undersupplied and the current AI-driven supercycle is expected to continue for some time, according to a report relea…
The Indian Rupee (INR) opens significantly lower against the US Dollar (USD) on Monday. The USD/INR jumps to over a six-week high around 95.80, as renewed Middle East hostilities have strengthened the US Dollar and oil …
The price for Gold stood at 12,486.07 Indian Rupees (INR) per gram, down compared with the INR 12,683.20 it cost on Friday.
Gold price (XAU/USD) attracts some sellers to near $4,070 during the early Asian trading hours on Monday. The precious metal extends its decline amid escalating tensions between the US and Iran. Traders will take more c…
The GBP/USD pair finds some support near 1.3370 after a modest gap-down opening on Monday, though it lacks bullish conviction and remains below 1.3400. Nevertheless, spot prices, for now, seem to have stalled the pullba…
NZD/USD depreciates after three days of losses, trading around 0.5750 during the Asian hours on Monday. The currency pair holds onto its losses as the New Zealand Dollar (NZD) remains subdued, failing to find immediate …
The Euro (EUR) holds opening losses at around 1.1390 against the US Dollar (USD) during the mid-Asian trading session on Monday. The major currency pair faces selling pressure as the US Dollar starts the week on a stron…
USD/CHF gains ground for the second successive day, trading around 0.8100 during the Asian hours on Monday. The pair appreciates as the US Dollar rises on increased safe-haven demand amid heightened geopolitical tension…
West Texas Intermediate (WTI) – the benchmark US Crude Oil price – builds on its modest bullish gap opening and climbs above the $74.00 mark during the Asian session on Monday. A further escalation of tensions between t…
Gulf drone strikes lifted Brent to $111.34 and WTI to $107.84 and pushed the 10-year US Treasury yield to 4.631% and the 30-year to 5.159%, triggering risk-off flows that sent Asian equities lower (Nikkei -1.1%) amid we…
USD/IDR gains ground after registering losses in the previous day, trading around 18,180 during the Asian hours on Monday. The US Dollar (USD) appreciated as intensifying geopolitical tensions in the Middle East sparked…
The AUD/USD pair builds on its modest weekly bearish gap opening and retreats further from a two-and-a-half-week top, near the 0.6970 region, touched on Friday. Spot prices drop to the 0.6930-0.6925 area during the Asia…
West Texas Intermediate (WTI) oil price rises after two days of losses, trading around $74.20 during the Asian hours on Monday. Crude oil prices gain ground following a weekend exchange of fresh missile strikes between …
The EUR/USD pair edges lower to around 1.1400 during the early Asian session on Monday, pressured by heightened geopolitical tensions in the Middle East. Federal Reserve (Fed) Bank Governor Christopher Waller and Europe…
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