The Euro (EUR) is likely to trade sideways between 1.0830 and 1.0870. EUR might also trade with a downward bias; in this case, the 1.0815 level...
The US economy grew by 2.8% in the second quarter of 2024, which was stronger than expected. We see this as confirmation of our assessment that...
Silver has recently come under even more pressure than Gold, Commerzbank’s commodity strategist Carsten Fritsch notes. Silver price loses around 8% since Wednesday “The Silver price...
In May, Copper supply exceeded demand by 65 thousand tons, with the ICSG reporting a supply surplus of 416 thousand tons for the first five months....
Encouraging Eurozone disinflationary process leaves the ECB room to cut the policy rate again in September which remains a headwind for the Euro (EUR), BBH analysts...
A look at the data shows that in the UK most of the disinflation in the core rate over the past year has come from goods...
The Pound Sterling (GBP) is expected to consolidate in a range of 1.2905/1.2955, UOB Group FX analysts Quek Ser Leang and Lee Sue Ann notes. Rangebound...
The Pound Sterling (GBP) is trading modestly firmer on the daily chart today. While gains are slight, they may be enough to signal a halt in...
The US Dollar (USD) is trading on the defensive, underperforming the most against JPY. The US yield curve inverted slightly, and US equity futures are higher,...
The Chineze Yuan (CNH) edged down after the People’s Bank of China (PBOC) unexpectedly cut the seven-day reverse repo rate, BBH FX analysts note. China looks...
The US Dollar (USD) is likely to edge higher. As upward momentum is not strong; any advance is unlikely to reach 7.2980. USD is still trading...
The People’s Bank of China (PBOC) unexpectedly cut its key 7-day reverse repo rate by 10 bps to 1.7% on Mon. It signals policymakers’ concerns over...
Third plenum reaffirms China’s focus on high quality development and deepening reforms across the economy. Market awaits more policy details from the third plenum and the...
The ECB decision and the subsequent press conference by ECB President Christine Lagarde were essentially non-events in terms of content. The ECB is largely satisfied with...
BoJ’s interventions in recent days can best be described as ‘leaning against the wind’. But, at the moment, the wind continues to blow in the direction...
The Brent oil price initially fell to a monthly low of USD 83.5 per barrel this week as a result of the weak Chinese data. However,...
The Joint Ministerial Monitoring Committee of OPEC+ (JMMC) is expected to reiterate confirm the decisions of the OPEC+ meeting from early June at its next meeting...
Base metal prices remained under pressure this week: the Copper price slipped below $9,400 per ton yesterday. After all, market participants had to face some price-dampening...
The Gold price rose to a record high this week, buoyed by expectations of early Federal Reserve (Fed) interest rate cuts, Commerzbank’s commodity strategist Carsten Fritsch...
The Canadian Dollar (CAD) has slipped a little in overnight trade, Scotiabank’s chief FX strategist Shaun Osborne notes. Resistance above the market sits at 1.3750/55 “US...