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Forex
Gold nears $4,800 as fading Dollar lifts bullion
Gold (XAU/USD) price rallies for a fourth straight day on Wednesday, hitting a two-week high near $4,800 as the Greenback depreciates amid growing speculation of an end to the…
Cautious risk tone with peace doubts – MUFG
MUFG’s Senior Currency Analyst Michael Wan notes that Asian currencies recovered as risk sentiment improved following comments from US President Trump on ending the Iran war, even…
DXY falls as de-escalation hopes reverse the safe-haven bid
DXY fell more than 0.5% on Wednesday, drifting into session lows around 99.30 after opening close to 99.90. The index has been under steady selling pressure all session, carving a…
GBP/USD climbs above 1.3300 as Trump remarks boost sentiment
The Pound Sterling (GBP) advances over 0.70% on Wednesday as risk appetite improved amid speculation of an end to the Middle East conflict, following US President Donald Trump's…
Gradual inflation rise seen through mid-year – ABN AMRO
ABN AMRO's Senior Economist Bill Diviney notes Eurozone inflation rose to 2.5% year-on-year in March, driven mainly by higher petrol and energy prices, while core inflation eased…
EUR/USD rises as easing US-Iran tensions outweigh strong US data
EUR/USD extends its advance for a second consecutive day on Wednesday, climbing to one-week highs as improving optimism around the US-Iran war lifts risk sentiment, pushing the…
Going to be out of Iran pretty quickly
United States (US) President Donald Trump told Reuters on Wednesday that they are going to be out of Iran "pretty quickly," but refused to give a timeline.Key takeaways"We have…
AI-driven support with regional tilts – HSBC
HSBC’s global CIO team keeps an Overweight six‑month view on global equities, supported by AI‑related opportunities and resilient earnings. They favour the United States, Japan and…
Conflict endgame risks point to renewed weakness – MUFG
MUFG’s Head of Research Derek Halpenny argues that while risk sentiment has improved on hopes the US will soon end its conflict with Iran, the recovery looks fragile and the US…
BoE warns of global risks as Middle East conflict creates supply shock
In its Financial Policy Committee (FPC) statement released on Wednesday and reported by Reuters, the Bank of England (BoE) said the United Kingdom’s (UK) financial system remains…