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Markets

Chart of The Day – AUD/USD
RBA held the cash rate steady at 3.6% in a unanimous decision amid renewed inflation pressures and a tight labor…
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Markets

Australian Shares Hit Over 1-Month Low
The S&P/ASX 200 fell 0.9% to close at 8,814 on Tuesday, hitting its lowest level in over a month as…
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Economics

Economic Calendar – Q Results From Ferrari, BP & AMD Plus Central Banker Speeches
Asian stock markets opened mostly lower, following mixed sentiment on Wall Street, although technology continued to perform better. Japan’s Nikkei…
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Forex

EUR/GBP gathers strength above 0.8750, BoE rate decision in focus
EUR/GBP trades on a stronger note near 0.8750 in Tuesday’s early European session. Market pricing suggests around a one-in-three chance…
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Markets

Today Markets – Market Update
Asian indices are mixed ahead of the European session: the Nikkei 225 is down 0.36%, the Hang Seng is up…
Read More » USD/CHF climbs to over two-month high; bulls await move beyond 0.8100 amid firmer USD
USD/CHF prolongs its uptrend for the fifth straight day amid sustained USD buying interest. The Fed’s hawkish tilt offsets economic…
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Metals

Gold maintains its offered tone below $4,000 amid hawkish Fed-inspired USD buying
Gold attracts fresh sellers on Tuesday as the Fed’s hawkish tilt continues to underpin the USD. A prolonged US government…
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Economics

Japan Still ‘Half Way’ to Sustainable Inflation: PM Takaichi
Japanese Prime Minister Sanae Takaichi said on Tuesday that Japan has yet to achieve sustainable inflation supported by wage growth,…
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Soft Commodities

Palm Oil Emerges from 12-Week Low
Malaysian palm oil futures rose, hovering above MYR 4,100 per tonne after two straight sessions of losses. Prices rebounded from…
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Forex

South Korean Won Weakens to 7-Month Low
The South Korean won depreciated to around 1,440 per dollar, extending declines for a fourth day to its weakest level…
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