The Pound Sterling (GBP) is little changed on the session after dropping back against the USD in late trade yesterday, Scotiabank’s Chief FX Strategist Shaun Osborne...
Silver’s breakout last session fueled strong price action (+3.5% close/close in SIH5) associated with several consecutive CTA buying programs that ultimately increased their net length by...
In most scenarios for price action, we expect that CTA selling activity in **crude oil** markets will run out of steam, TDS’ Senior Commodity Strategist Daniel Ghali notes....
USD/SGD was a touch firmer as Trump’s tariff threats ahead of 1 Feb deadline undermined sentiments. Pair was last seen at 1.3540, OCBC’s FX analysts Frances...
Aluminum rose in yesterday’s trading after reports of the EU proposing a phased ban on imports of Russian Aluminum to the bloc. The proposal calls for an...
The race for AI supremacy is intensifying as three major players—Alibaba Cloud’s Qwen, the Chinese startup DeepSeek, and OpenAI’s ChatGPT—battle for dominance in the ever-evolving landscape...
Crude oil prices steadied yesterday after a sharp fall over the past few sessions as the US prepares to impose tariffs on imports from Canada, Mexico...
The euro continues to be driven by US events, from tech news to the tariff threat. Neither a cautious Fed today nor a dovish-leaning ECB tomorrow will...
A rally in Silver markets will catalyze large-scale CTA buying activity, TDS’ Senior Commodity Strategist Daniel Ghali notes. Upside convexity in Silver markets remains severely underpriced “Continued...
The Bloomberg survey indicates that all but two forecasters are expecting a 25-bps rate cut from the Riksbank at the January 29 policy meeting, Rabobank’s FX...
The National Bank of Hungary is scheduled to meet today, but this should be a copy-and-paste of previous meetings. FX has seen significant relief in the...
Gold declined yesterday as the global rout in technology stocks, sparked by the Chinese AI startup DeepSeek’s breakout success, ING’s commodity analysts Warren Patterson and Ewa...
Euro (EUR) fell on headlines regarding universal tariffs. FT reported that Treasury secretary Scott Bessent favours universal tariffs on US imports, starting at 2.5% while Trump...
A package of growth-supporting initiatives and statement form the Chinese leadership has been well received by equity markets as it raises hope of a growth rebound,...
Escalation in the Middle East has led markets pricing in a greater risk of a fully-fledged conflict in the region, which could potentially involve the US. Iran fired...
Despite oversold conditions, the Pound Sterling (GBP) could decline further; the likelihood of it reaching 1.3210 today is not high. In the longer run, to continue...
Western investors love the prospect of ‘panic cuts without the panic’, but Shanghai traders are on the offer in precious metals. This morning, the prospect of...
The US Dollar (USD) could rebound further; a sustained rise above 144.50 is unlikely. In the longer run, upward momentum has dissipated; USD could continue to...
The two-year EUR:USD swap rate continued to widen in favour of the dollar yesterday, and is now around -110bp, some 25bp below the -85bp mid-September levels, ING’s...
Fed Chair Jerome Powell explicitly pushed back against a 50bp rate cut by year-end, and Israel started a ground offensive in Lebanon. In other conditions, the...