Banks
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Silver – Chinese demand surge cools after record – ING
ING’s commodities team highlights that China’s Silver imports hit a record in March, driven by retail and solar-sector demand, far exceeding the…
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Fed: Warsh hearing and term premium concerns – Societe Generale
Societe Generale’s Kenneth Broux frames Kevin Warsh’s confirmation hearing as pivotal for US rates, with markets focused on potential changes to…
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NZD: Stagflation risks weigh on kiwi – Commerzbank
Commerzbank’s Volkmar Baur notes New Zealand inflation at 3.1% year-on-year, slightly above the Reserve Bank of New Zealand (RBNZ) target,…
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Fed: Leadership clash raises market risk – DBS
DBS Group Research’s Philip Wee highlights how the US Senate confirmation hearing for Kevin Warsh as Fed Chair could reshape…
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Gold: Buy dips as geopolitics whipsaw risk – OCBC
OCBC strategists Sim Moh Siong and Christopher Wong highlight that Gold remains closely tied to risk proxies, with weekend geopolitical…
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GBP/USD: Political noise and softer BoE pricing – ING
ING’s Chris Turner notes Sterling has held up even as markets scale back Bank of England tightening expectations to just…
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USD: Volatility shifts support weaker trend – HSBC
HSBC Asset Management notes that April’s recovery in risk appetite has coincided with a sharp fall in the US Dollar,…
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EUR/USD: Range trade expected after failed push higher – UOB
UOB economists Quek Ser Leang Lee and Sue Ann highlight that EUR/USD spiked to 1.1848 before reversing sharply, leaving the Euro looking…
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EUR/USD: Limited upside as longer-term Dollar risks grow – Commerzbank
Commerzbank’s Thu Lan Nguyen argues that in the short term EUR/USD gains are capped as markets may be overestimating the…
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China: Policy easing expectations trimmed – DBS
DBS Group Research economists highlight that China’s Q1 2026 GDP growth accelerated to 5.0% year-on-year, driven by strong external demand and resilient…
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