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Banks
US Dollar: Stronger on hot inflation and yields – MUFG
MUFG’s Michael Wan describes how a stronger US Dollar environment emerged as United States (US) April Consumer Price Index (CPI)…
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Banks
Equities: Defensive sectors outperform as chips retreat – Danske Bank
Danske Research Team notes global equities slipped modestly, with the S&P500, Nasdaq and Russell2000 all lower. Semi-conductors in the S&P500 underperformed after…
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Banks
Indian Rupee: Higher Oil prices keep pressure – Commerzbank
Commerzbank strategists note that USD/INR climbed to a new record high as elevated global Oil prices and firm domestic Dollar demand from…
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Forex
EUR/USD Forecast – Consolidates below mid-1.1700s as Iran risks, Fed bets support USD
EUR/USD struggles to gain any meaningful traction as a combination of factors supports the USD. Fed rate hike bets and…
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Forex
Swiss Franc steadies above 0.7800 as traders brace for US PPI data
USD/CHF flat lines near 0.7805 in Wednesday’s early European session. Chinese and US leaders will hold talks in Seoul ahead…
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Forex
AUD/USD – Holds steady below mid-0.7200s as bulls await Trump-Xi summit
AUD/USD remains on the back foot for the second straight day amid a bullish US Dollar. The lack of follow-through…
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Metals
Gold sticks to negative bias as USD draws support from Fed hike bets and Iran tensions
Gold remains under some selling pressure for the second straight day amid a bullish USD. Tuesday’s hot US CPI report…
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Forex
EUR moves little against JPY as risk aversion increases
EUR/JPY remains steady as the Euro declines, offsetting Yen weakness. The OECD projects the Bank of Japan will increase short-term…
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Soft Commodities
Cotton Futures Ease
Cotton futures eased to around 86 cents per pound in mid-May, slightly retreating from an over two-year high, as a…
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Markets
Downside Momentum Persists in Australian Stocks
Australian shares fell 55 points or 0.6% to 8,615 in Wednesday morning trade, sliding for a fourth straight session to…
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S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market