Rising Middle East tensions and sticky inflation expectations lift September Fed rate hike odds to 51%, pressuring the USD. The US Dollar Index (DXY) retreated to 101.20 in Asian trading Tuesday, reversing two days of gains. Safe-haven demand surged after US strikes on Ira
China's export growth accelerates in June China's export growth accelerated in June, with a 27% year-over-year increase. The growth surpassed expectations of 18.2% and marked the fastest growth since 2021. The country's trade balance was $125.8bn, exceeding
Silver loses ground as oil surge lifts Fed hike odds Silver price loses ground for the third consecutive day, trading around $57.60 per troy ounce. The price of the non-yielding white metal faces challenges as escalating Middle East tensions drive oil higher. Mar
Traders await US inflation data and Fed commentary as the yen stabilizes near multi-decade highs against the dollar. The USD/JPY pair consolidates near 162.50 in Asian trading, retreating slightly from a four-decade peak reached earlier this month. Market participants rema
Spot gold declines 0.2% as surging oil prices and hawkish Fed signals lift Treasury yields and the dollar, pressuring the metal. Spot gold fell 0.2% to a two-week low on Tuesday, extending a 3% drop the prior session, its steepest daily decline in over a month. The slide r
The European Union restricts Sudanese gold imports and mining chemicals to curb revenue fueling the year-long conflict between rival factions. The European Union imposed sanctions on Sudanese gold imports and banned the export of mercury and cyanide to Sudan, aiming to dis
Markets price in nearly 50 basis points of additional RBNZ rate hikes after hawkish comments from Chief Economist Paul Conway. The New Zealand Dollar climbed to 0.5780 against the USD in Asian trading, reversing a recent pullback. The move followed Reserve Bank of New Zeal
PBOC sets yuan rate 0.0063 above estimate The People's Bank of China set the USD/CNY central rate at 6.7990. The rate is 0.0063 above the estimated 6.7927. The yuan is allowed to fluctuate within a +/- 2% range around this reference rate.
PBOC sets USD/CNY reference rate above Reuters estimate, signaling potential easing bias amid policy objectives. The People’s Bank of China set the USD/CNY reference rate at 6.7990 for Tuesday, weaker than Monday’s 6.7972 fix and above the 6.7927 Reuters estimate. The adju
Katayama ties potential GPIF portfolio changes to sharp shifts in the investment environment, reviving yen repatriation speculation. Japan’s Finance Minister Katayama indicated that a change to the Government Pension Investment Fund’s (GPIF) asset allocation could be consi
ادخل بحساب جوجل لمشاركة رأيك والتفاعل مع الأخبار — بلا كلمة مرور.
إيميلك يبقى موثّقاً وخصوصيتك محفوظة.