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Markets
Iran ready to abandon nuclear program on a rewarding US offer – Sky News Arabia
Sky News Arabia reported on Thursday that Iran's Deputy Foreign Minister said that Iran is ready to abandon its nuclear program on the condition that the United States presents a…
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Rate cut odds repriced with strong data – Deutsche Bank
Deutsche Bank strategists highlight that markets are pricing out early Federal Reserve easing following strong ISM Services and ADP private payrolls data. Analysts note that the…
Safe-haven debate and conflict premium – TD Securities
TD Securities strategists Jayati Bharadwaj and Linda Cheng argue the US Dollar can behave like a safe haven again due to the nature of the current shock, even if it is no longer an…
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Oil spike meets SNB resistance – Commerzbank
Michael Pfister at Commerzbank notes that higher Oil prices and a stronger Swiss Franc are offsetting each other on inflation, leaving Swiss price pressures subdued. With the Swiss…
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GBP/USD declines and also against its major peers
Pound Sterling underperforms as UK faces stagflation risks amid Middle East warThe Pound Sterling trades lower against its major currency peers, is down 0.22% around 1.3340 against…
Gold price in Malaysia: Rates on March 5
Gold prices rose in Malaysia on Thursday, according to data compiled by FXStreet.The price for Gold stood at 657.01 Malaysian Ringgits (MYR) per gram, up compared with the MYR…
Japanese Yen edges higher above 156.50 as Middle East conflict fuels safe-haven demand
The USD/JPY pair trades in negative territory near 156.85 during the Asian trading hours on Thursday. Escalating conflict in the Middle East leads to a safe-haven bid for the…