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Markets

Novartis shares fall the most since 2020. What is behind the 10% decline?
Novartis shares (NOVN.CH) are down around 10% today, the steepest decline in the STOXX Europe 600 , following another disappointment…
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Markets

Oil prices surge towards $100, as the yen rises, but Japan needs to tread carefully
Key takeaways Fears grow about a prolonged conflict in the Middle East $100 oil back in the picture Where has…
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Markets

Brent Crude Nearing $100
Tanker attacks, the Strait of Hormuz dispute, and record US fuel prices fuel the next wave of the energy crisis.…
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Markets

Chart of the Day: Wheat rebounds 3% after pulling back from multi-year highs
Chicago wheat futures (WHEAT) are up more than 3% today as investors price in a more persistent reduction in supply…
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Economics

Economic Calendar: NFIB Index in Focus – Light Macro Schedule
Today’s economic calendar is very light, with investors shifting their attention toward the second half of the week. The key…
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Banks

Hungarian Forint: Inflation surprise and HUF dynamics – ING
ING’s Frantisek Taborsky highlights that Hungarian inflation rebounded to 1.3% in August but stayed below expectations and the NBH’s forecast,…
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Banks

Equities: Tech leadership with Astra boost – Danske Bank
Danske Bank notes European equities were broadly flat on Monday, with the Stoxx 600 unchanged and OMX Nordic slightly higher,…
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Banks

Euro: Range-bound risks against US Dollar with ECB focus – OCBC
OCBC’s Christopher Wong notes EUR/USD is holding near 1.16 as a softer US Dollar (USD) and firmer Euro-area data offset…
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Banks

Japanese Yen: Strengthens against US Dollar on BoJ outlook – MUFG
MUFG’s Michael Wan notes the Japanese Yen has strengthened below 154 against the US Dollar (USD), its firmest level since…
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Markets

Oil Nears $100 per Barrel, USD/JPY Tumbles Again.
Asian equities are gaining, supported by the semiconductor sector. The broad MSCI Asia Pacific Index is up 0.3%, South Korea’s…
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