Jan 8 2025, 10:11 The Japanese Yen (JPY) languishes near a six-month low against its American counterpart and seems vulnerable to prolonging a one-month-old downtrend amid uncertainty about the timing of the next rate hike by the Bank of Japan (BoJ). Adding to this, the recent widening of the US-Japan yield differential, bolstered by reduced…
Jul 8 2025, 10:33 Oil prices fell in Asian trade on Tuesday as investors assessed the impact of President Donald Trump’s tariff hikes on major trading partners, while lingering concerns about a supply glut from rising OPEC+ output added further pressure. At 9:40 p.m. ET (01:40 GMT), Brent crude futures expiring in September were down…
Asian equities were primed for some losses early Thursday after a fairly muted Wall Street reaction to in-line US inflation data that still supported expectations for Federal Reserve rate cuts. Equity futures in Japan and Hong Kong fell, while those in Australia advanced and US contracts were little changed. The S&P 500 closed 0.4% higher Wednesday, while the Nasdaq 100 added 0.1%, after…
Oil prices fell in Asian trading on Friday (September 12th), fueled by concerns about slowing global demand and rising supply. However, Brent and WTI crude oil still recorded slight gains this week, supported by geopolitical tensions between Russia and Ukraine and conflicts in the Middle East. Brent for November weakened 0.5% to $66.03 per barrel,…
The Australian Dollar (AUD) weakened against the US Dollar ahead of the release of highly anticipated US inflation data for September on Friday. Markets were also cautious following the surprising Australian employment data, which saw the unemployment rate rise to its highest level in nearly four years. This caused the probability of an interest rate…
Mar 21 2025, 10:38 The GBP/USD pair lacks any firm intraday direction on Friday and oscillates in a narrow trading band, around the 1.2960 area during the Asian session. Spot prices, however, remain close to the highest since early November – levels beyond the 1.3000 psychological mark touched on Thursday – and remain at the…
