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Markets

European Stocks Fall Further on Tuesday
European stocks moved lower on Tuesday, with both the Stoxx 50 and Stoxx 600 slipping around 0.3% as markets pulled…
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Markets

US Futures Drop on Surging Bond Yields
US stock futures declined on Tuesday as global bond yields surged to multi-year highs amid mounting concerns over massive government…
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Banks

British Pound: Softer as jobs data cools hikes – ING
ING’s Chris Turner reports a firmer EUR/GBP after UK labour data, with economist James Smith highlighting a cool jobs market and minimal…
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Banks

US Dollar: Carry-supported but rangebound near term – OCBC
OCBC’s Sim Moh Siong and Christopher Wong highlight that still-attractive US Dollar (USD) carry and softer United States (US) data,…
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Banks

Equities: Stagflation fears weigh on US stocks – Deutsche Bank
Deutsche Bank strategists note that rising oil prices are reinforcing stagflation concerns and weighing on equities globally. The S&P 500…
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Indices

South Korean Shares End Lower
The benchmark KOSPI fell 1.55% to close at 6,870 on Tuesday, snapping a five-day rally, as fading hopes for a…
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Indices

ASX 200 Ends Muted as CSL Rally Counter Bank Losses
Australia’s ASX 200 closed nearly flat at 9,070 on Tuesday, halting a four-day slide after hitting a two-week low. Bargain…
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Forex

Swiss Franc edges lower as US Dollar rebounds, FOMC minutes in focus
Swiss Franc ticks lower against the US Dollar as the latter rebounds. Higher oil prices could force traders to raise…
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Banks

Indian Rupee: RBI inflow strategy recalibrated – Commerzbank
Commerzbank analysts describe how the Reserve Bank of India’s (RBI) early closure of the FCNR(B) swap window follows strong FX…
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Banks

Euro: Upside bias needs confirmation above 1.1615 against US Dollar – UOB
United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann report that EUR/USD briefly broke above major resistance at…
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