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Economics

RBA’s Hauser: Still have work to do to reduce inflation, which remains far too high
Reserve Bank of Australia (RBA) Deputy Governor Andrew Hauser said that the central bank still has work to do to…
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Forex

USD/JPY Price – Range tightens further at around 161.60
USD/JPY consolidates around 161.60 as hawkish BoJ supporting Japanese Yen counters outperforming the US Dollar. One BoJ member expects interest…
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Energies

Qatar to resume normal LNG production ‘within a few weeks’ — FT
Qatar’s Prime Minister Sheikh Mohammed bin Abdulrahman al-Thani said that the country would resume normal liquefied natural gas production “within…
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Banks

Japanese Yen: Bears eye 2024 low at 162.00 against US Dollar – UOB
United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann note that USD/JPY remains in a range-trading phase intraday,…
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Banks

Equities: Rotation persists as tech sells off – Danske Bank
Danske Research Team reports a sharp global equity selloff led by a more than 4% drop in tech, even as…
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Forex

EUR/GBP Price – Testing 10-month lows at 0.8611 in risk-off markets
EUR/GBP depreciates 0.6% so far this week to test 10-month lows in the 0.8610 area. A tech rout in stock…
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Banks

Indian Rupee: Supported by policy measures against US Dollar – Commerzbank
Commerzbank highlights that USD/INR has stabilised between 94.00 and 95.00 since mid-June, trading near 94.74. The range-bound behaviour follows a coordinated package…
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Markets

Indices stabilize after the sell-off. Markets await Micron earnings.
Global equity markets are trying to stabilize after Tuesday’s AI-driven selloff, but investors remain cautious ahead of Micron’s earnings release…
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Forex

Offshore Yuan Hits 1-Month Low
The offshore yuan depreciated to around 6.80 per dollar on Wednesday, hitting its lowest level in a month, as a…
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Forex

South Korean Won at Over 2-Week Low
The South Korean won traded around 1,539 per dollar, extending losses to its lowest level in over two weeks after…
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