Sri Lanka’s 100bp rate hike and regional tightening fail to boost short-term fixed income flows amid rising US yields and FX pressures. Asia-Pacific central banks’ hawkish rate moves, including Sri Lanka’s 100 basis-point hike to 8.75%, have not revived front-end fixed inc
XAG/USD falls to $74.74 after breaking key support at $75.77, marking its largest single-day decline in two weeks. Silver prices tumbled 2.8% on Wednesday, breaching the 50-day Simple Moving Average at $75.77 and clearing the $75.00 level. The move signals a shift in near-
XAG/USD falls 2.8% to $74.74 as it breaks the 50-day SMA at $75.77, signaling potential further declines. Silver prices slid nearly 2.8% on Wednesday, breaching the 50-day Simple Moving Average at $75.77 and clearing the $75.00 psychological level. XAG/USD traded at $74.74
Divergent central bank policies drive AUD/NZD to its steepest daily drop since 2022 as RBNZ signals aggressive hikes and RBA leans toward pausing. The AUD/NZD currency pair fell sharply, marking its largest single-day decline since 2022, as the Reserve Bank of New Zealand
XAU/USD falls over 1% to $4,443 as the US Dollar strengthens amid stalled US-Iran negotiations and hawkish central bank signals. Gold prices slid more than 1% to $4,443, the lowest since March 30, as the US Dollar rebounded on doubts over US-Iran negotiations. The shift in
RBC economists warn retirements and shrinking under-35 workforce will tighten labor supply by 2026, offsetting current joblessness. Canada’s elevated unemployment rate is obscuring deeper labor market strains, with retirements surging to 25,500 monthly and expected to rema
Analysts suggest ONS seasonal adjustments inflate first-half UK GDP data, potentially revising 2026 Q1 growth 0.25ppt lower. Recent UK GDP figures may exaggerate economic momentum due to flawed seasonal adjustments by the Office for National Statistics (ONS). A double-seas
The British Pound falls to 1.3429 against the US Dollar amid geopolitical uncertainty over US-Iran negotiations. The British Pound declined against the US Dollar, trading at 1.3429, as cautious sentiment surrounding US-Iran talks bolstered demand for the Greenback. The pai
Conflicting reports on US-Iran negotiations spur USD strength, pressuring the British Pound in early trading. The British Pound declined against the US Dollar, with GBP/USD trading at 1.3429, as mixed US-Iran headlines fueled demand for the Greenback. Markets reacted to in
Traders bid up the euro after Iran submitted a draft framework to resolve tensions with the US, lifting risk sentiment. The euro rose 0.21% against the dollar on Wednesday, trading at 1.1649, as markets reacted to reports that Iran presented a draft framework to the US aim
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