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Banks

Japanese Yen: Joint intervention threat curtails selling – MUFG
MUFG’s Lee Hardman notes that the Japanese Yen has weakened modestly in Asia, with USD/JPY near its 200‑day moving average…
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Banks

Australian Dollar: Upside risk capped by 0.7075 against US Dollar – UOB
United Overseas Bank’s (UOB) Quek Ser Leang reports AUD/USD briefly tested 0.7069 before retreating sharply to 0.6984, with the move seen as…
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Markets

S&P500 sets a new record high
📈 Wall Street Rallies on a Strong Earnings Season and Hopes for De-escalation in the Middle EastUS equities are attracting…
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Markets

Chart of the Day: USD/JPY After Japan’s Intervention. The Exchange Rate Falls Below 160, but Pressure on the Yen Remains
USDJPY remains one of the key topics in the foreign exchange market following the recent reaction by Japanese authorities to…
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Opinion

HARD TALK – Is Europe Blaming the World for Problems It Helped Create?
There is a point at which political explanation becomes political evasion. Europe is facing an uncomfortable economic reality: weak growth,…
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Markets

BP and HSBC in focus, as yen rally takes a break
The UK’s corporate sector is in focus this morning, for all the right reasons after Astra Zeneca fell 8% on…
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Banks

Equities: Cyclical rotation extends as tech recovers – Danske Bank
Danske Research Team notes that global equities began August with fresh all-time highs in several MSCI indices. Gains were driven…
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Banks

Oil: Deal optimism drives sharp selloff – ING
ING strategists Warren Patterson and Ewa Manthey note that Oil prices, including ICE Brent, fell sharply on optimism over a…
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Banks

Euro: Consolidation with upside trigger at 1.1565 against US Dollar – UOB
United Overseas Bank’s (UOB) Quek Ser Leang highlights EUR/USD’s recent sharp rise and subsequent consolidation after a failed attempt to…
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Indices

NZX 50 Ends 0.9% Higher, Near Record High
New Zealand’s stocks added 129 points, or 0.9%, to close at 13,903 on Tuesday, extending gains from the previous two…
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