Saturday, 31 October 2026
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China's Trade Balance for August, in US Dollar (USD) terms, arrives at $119.09 billion, almost in line with $119.1 billion estimates, but higher than the July reading of $112.5 billion.
GBP/USD holds just under 1.3550 after a Monday that covered 42 pips with American desks shut for Labor Day. The week that follows is not that. Pound Sterling carries the higher policy rate of the two, the larger tighten…
MUFG’s Lloyd Chan warns that upcoming US inflation data could test the recent Rupiah recovery, as firmer US inflation may reinforce elevated US yields and challenge USD/IDR’s break below 17,700. He notes limits to domes…
HSBC’s Willem Sels highlights that accelerating AI adoption, resilient growth and broadening earnings are supporting global equities into Q4 2026. The bank has recently added exposure to global stocks, favouring the US …
Gold (XAU/USD) price dives over 0.40% on Monday following last Friday’s US jobs report, which ignited speculation that the Federal Reserve (Fed) might resume its tightening cycle if inflation reaccelerates late this wee…
Commerzbank’s Vietnam update highlights rising inflation and a narrowing trade deficit, with strong manufacturing-led imports and resilient exports. The bank notes elevated CPI and external deficits limit scope for aggr…
BNY’s Geoff Yu highlights that a stronger US Dollar (USD), higher Oil prices and rising global yields are pressuring Asian currencies and assets. Chinese Yuan (CNY) remains relatively resilient but is drawing official s…
EUR/USD holds above 1.1600, seven pips above where Monday opened. The pair has had three chances to move over four sessions and has taken none of them. Both central banks are priced to raise rates this month for the sam…
USD/JPY extends its steep decline on Monday as the Japanese Yen (JPY) rallies against the US Dollar (USD), supported by hawkish Bank of Japan (BoJ) expectations, capital repatriation and the unwinding of Yen-funded carr…
ABN AMRO economists Bill Diviney and Jan-Paul van de Kerke expect Eurozone growth to remain resilient despite a renewed energy shock, supported by German fiscal spending and solid underlying activity. They have reverted…
TD Securities economists Robert Both and Emma Lawrence highlight that the Bank of Canada adopted a more hawkish tone, emphasizing upside inflation risks even as core inflation stays subdued. They expect the Overnight Ra…
Societe Generale analysts Michael Haigh and Jeremy Sellem describe a broad-based Gold bull market in 2026, driven by ETFs, futures and options positioning. They highlight strong physical ETF inflows, near-record futures…
Deutsche Bank economists Sanjay Raja and Maui Brennan expect United Kingdom (UK) Gross Domestic Product (GDP) to have slipped slightly in July after strong growth earlier in 2026. They forecast a modest monthly contract…
HSBC highlights that markets now expect the Bank of Japan (BoJ) to tighten policy more quickly, with overnight index swaps implying about 75bp of cumulative hikes by April 2027 and assigning odds to a move at the 18 Sep…
ING’s Chris Turner argues that Euro fundamentals remain contained despite German regional election results highlighting political tensions for Chancellor Merz’s CDU. Solid Eurozone growth and investor confidence are off…
Gold (XAU/USD) trades with a modest downside bias during American trading hours on Monday. A softer US Dollar (USD) limits the decline and helps the metal recover part of its earlier losses. At the time of writing, XAU/…
Dow Jones futures are down by 0.32% to trade near 53,270 during European hours on Monday. Meanwhile, S&P 500 futures steady near 7,720, while Nasdaq 100 futures advance by 0.31% to trade around 29,660. The US stock mark…
West Texas Intermediate (WTI), futures on NYMEX, turns upside down to near $89.50 during the European trading session on Monday. The oil price continues to face selling pressure above the $90 mark even as financial mark…
The EUR/JPY currency pair reached 168.50, its highest since November 2024, driven by a weakening Yen and skepticism over Bank of Japan's tightening ability. Increased trading volumes and bullish technical indicators sug…
Danske Bank’s Danske Research Team notes Brent crude trading near USD 97 as renewed US-Iran strikes around the Strait of Hormuz raise concerns over prolonged disruptions to Middle East energy flows. The bank highlights …
GBP/USD remains subdued for the second successive day, trading around 1.3590 during the European hours on Thursday. The pair depreciates as the US Dollar (USD) remains stronger following the robust economic data release…
DBS Group Research strategist Philip Wee highlights growing downside risks in CHF/JPY after the cross failed to re-enter its February–July 198–204 range and slipped to 193. He notes scope for a move towards 186, citing …
This Atlantic Council Strategy Paper explores the relationship between the status of the United States as a geopolitical superpower and the role of the US dollar as the world’s dominant currency. It examines how these t…
The GBP/JPY cross meets with heavy supply during the early part of the European session on Monday and weakens below the 209.00 mark, hitting its lowest level since February 24 amid a broad-based rally in the Japanese Ye…
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