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Forex
Gold climbs into uncharted territory as investors flock to safety
Gold (XAU/USD) extends its historic run beyond $3,900 on Monday, notching one record high after another as the prolonged United States (US) government shutdown, dovish Federal…
The risk of a policy mistake – Commerzbank
Due to the US government shutdown, there is a foreseeable lack of numerous official US statistics, both for the labor market and consumer prices. As a result, market participants…
Gold nears $3,950/oz – ING
Gold prices hit another record high this morning, with spot Gold breaking above $3,945/oz for the first time, as the prolonged US shutdown fuelled investors’ demand for safe-haven…
Indian Rupee remains weak as US-India trade tensions continue to persist
The Indian Rupee (INR) opens on a flat note around 88.90 against the US Dollar (USD) on Monday. The USD/INR pair is broadly firm as it is still close to its all-time high of 89.12…
Nikkei 225 breaks higher, targets 49,300 – Société Générale
The Nikkei 225 has surged past its September high with an upward gap, reinforcing bullish momentum. While the move appears stretched, there are no clear signs of a meaningful…
Takaichi wins LDP race, markets cheer stimulus tilt – BBH
Sanae Takaichi was elected leader of Japan's ruling Liberal Democratic Party (LDP), putting her on course to become the country's first female prime minister once parliament…
Likely to trade in a sideways range of 0.5805/0.5840 – UOB Group
New Zealand Dollar (NZD) is likely to trade in a sideways range of 0.5805/0.5840. In the longer run, NZD has likely moved into a 0.5770/0.5865 range-trading phase, UOB Group's FX…
USD/JPY consolidates above 150.00 on “Takaichi’s trade”
The US Dollar stands at two-month lows right above 150.00 against the Japanese Yen on Monday, after having rallied about 300 pips from Friday’s closing levels, following the…
JPY holds defensive ahead of LDP vote – BNY
The Japanese Yen (JPY) has taken a relatively defensive stance ahead of tomorrow’s LDP leadership vote. Even though BoJ commentary is clearly pointing toward further tightening –…
Time for Emerging Markets ETFs?
Emerging-market stocks recorded the ninth consecutive month of gains — the longest winning streak since 2004 — thanks to accelerating inflows and strong demand for Asian technology…