Thursday, 29 October 2026
News, business, world affairs and market coverage
Home / Markets
Brent fell below $98 a barrel as Gulf exports picked up, and bond yields in Europe and the US fell with it. France got the most relief, as the extra yield investors want for holding its 10-year debt over Germany's narro…
TD Securities notes the US economy and labor market are resilient but not overheating, leading them to push Fed rate hike calls to December 2026 and March 2027. They believe market pricing for Fed hawkishness has peaked…
OCBC strategists Sim Moh Siong and Christopher Wong note Brazilian assets rallied after Flávio Bolsonaro’s stronger-than-expected first-round result boosted expectations for a more market-friendly policy mix. The Brazil…
The Pound Sterling (GBP) advances about 0.40% on Tuesday as the Greenback retreats from multi-month highs, boosted by hawkish comments from a Bank of England (BoE) Monetary Policy Committee (MPC) member, while a widenin…
AUD/USD gains 0.13% on Tuesday and trades around 0.6980 at the time of writing. The Australian Dollar (AUD) benefits from a modest pullback in the US Dollar (USD), as easing US Treasury yields provide support to the pai…
Scotiabank strategists Shaun Osborne and Eric Theoret report that the Canadian Dollar (CAD) is trading flat against the US Dollar, with markets showing little reaction to Quebec’s provincial election. Political risks re…
A well-known stock market proverb says: "Buy when the cannons are firing." In other words, in times of war and uncertainty, people should invest.
Societe Generale’s Kenneth Broux flags that a surprise upside in Czech inflation to 2.5% has reinforced the Czech National Bank’s hawkish stance. With policymakers signalling a possible hold or hike, attention turns to …
United Overseas Bank strategists Quek Ser Leang and Lee Sue Ann note that USD/JPY lacks clear directional cues in the short term, with intraday price action expected to remain confined between 157.55 and 158.45. Over th…
Commerzbank’s Tatha Ghose says S&P’s affirmation of Romania at BBB-/A-3 with negative outlook gave the Leu short-term relief but did not remove downgrade risk. Fiscal consolidation is progressing, yet political paralysi…
The comments from European Central Bank (ECB) official and Finnish Central Bank Governor Olli Rehn released during the European trading session on Tuesday signal economic warnings due to higher long-term interest rates.
MUFG’s Lee Hardman notes that the Japanese Yen has softened after a Bloomberg report on the GPIF’s September meeting, lifting USD/JPY back above 158.00. Despite the correction, the Yen remains the best-performing G10 cu…
Alongside a direct – albeit so far relatively contained – build-up of fiscal premium, the euro continues to suffer from an unwinding of ECB rate hike expectations due to French bond turbulence. Risks remain firmly on th…
The US Dollar (USD) stays resilient against its peers early Tuesday, with the USD Index staying in positive territory after posting modest gains on Monday. Later in the session, Eurostat will publish Eurozone Retail Sal…
USD/CHF extends its gains for the second successive day, trading around 0.8320 during European hours on Tuesday. The pair is moving higher as the US Dollar (USD) gains momentum, largely driven by a surge in safe-haven d…
Gold (XAU/USD) stages a modest recovery from the $4,100 neighborhood, or a two-month low touched earlier this Tuesday, though the upside potential seems limited. The US Dollar (USD) pauses for a breather following the r…
The Indian Rupee (INR) trades lower against the US Dollar (USD) on Tuesday due to the continuous surge in global bond yields. The USD/INR pair rises to near 96.43, the highest level seen in over two months.
Global Banking & Finance Review® is an online platform providing news, analysis, interviews, opinions, press releases, market information and other content relating to banking, finance, insurance, investment, wealth ma…
Francesco Pesole at ING highlights that the Euro (EUR) is under pressure from French bond market turbulence, which is adding a fiscal risk premium and driving a repricing lower in European Central Bank (ECB) rate expect…
USD/IDR remains steady after registering minor gains in the previous day, trading around 17,930 during the European hours on Tuesday. However, the pair may further appreciate as the US Dollar (USD) gains momentum, large…
USD/JPY moves little after posting minor gains in the previous day, trading around 157.90 during Asian hours on Tuesday. The currency pair has steadied into a tight trading range following recent developments in Japanes…
AUD/USD remains steady after two days of gains, trading around 0.6970 during Asian hours on Tuesday. The currency pair is hovering in a tight range as the Australian Dollar (AUD) finds support despite local economic hea…
Silver price (XAG/USD) pares its recent gains from the previous day, trading around $60.70 per troy ounce during Asian hours on Tuesday. Silver remains locked near two-month lows as a resilient US Dollar (USD) and surgi…
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $88.60 during the early Asian trading hours on Tuesday. WTI faces some selling pressure as rising Middle East crude exports and a release of o…
We use cookies to improve your experience and analyse site traffic. By continuing to browse, you agree to our use of cookies.