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Forex
Stockpiling continued in September – Standard Chartered
Composite PMIs show moderating economic activity, following August’s 14-month high. Manufacturing remains supported by tariff front-loading; global supply, price pressures are…
EUR/JPY breaks 2024 highs, momentum accelerates – Société Générale
EUR/JPY has surged past its 2024 and September highs, confirming renewed bullish momentum. A short-term pullback toward 175.00/174.70 could attract buyers, keeping the broader…
Any decline is likely part of a lower range of 0.6580/0.6620 – UOB Group
Australian Dollar (AUD) may edge lower; any decline is likely part of a lower range of 0.6580/0.6620. In the longer run, AUD remains neutral but is now expected to trade in a…
GBP/JPY surges to year-high as Yen weakens on Japan’s leadership shift
The British Pound (GBP) strengthens against the Japanese Yen (JPY) on Monday, opening the week with a sharp gap higher as the Yen weakens following Japan’s political transition. At…
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…