Russian Defense Ministry said that it would intensify attacks on Ukraine’s military and industrial facilities following a vow from President Volodymyr Zelenskyy to double down on strikes against oil refineries, Bloomber…
WASHINGTON, Sept 23 (Reuters) - FBI data allegedly stolen by the hacking group ShinyHunters carries granular detail about scores of bureau officials’ job assignments, including sensitive work against Chinese spies, Russ…
Bank of Japan (BoJ) Deputy Governor Shinichi Uchida said on Monday that Artificial Intelligence (AI) has become a major focus among central banks, including at BoJ monetary policy meetings.
In the early hours of the U.S. cash and futures session, traders noticed a widening gap in the sterling cross as the euro broke the 3‑million rial mark and the dollar hovered near 2.7 million rials. The move amplified e…
The stock market under President Trump gained more than 37% from the 2024 election through September 25, 2026, as corporate earnings growth supported stock prices.
Iran's rial fell to new record lows on Saturday, with the euro crossing 3 million rials for the first time and the US dollar hovering around 2.7 million rials on the open market.
Silver price retreats on Friday, dropping about 0.76% as US Treasury yields edged higher, capping US Dollar depreciation, while investors punished the Greenback following a soft US jobs report. The XAG/USD trades at $60…
The Mexican Peso (MXN) recovers some ground versus the US Dollar (USD) on Friday, gaining 0.5%, but it remains poised to end the week with a 3% loss as investors exit the 'carry trade' amid a narrowing of the interest r…
Industrial stocks offer opportunities across different stages of the economic cycle. Selecting names requires balancing long-term catalysts with near-term uncertainty.
Chicago Federal Reserve (Fed) President Austan Goolsbee said in an interview with Fox Business that the labor market is steady and that “the inflation side of the Fed’s job is more important.”
US employers added 29K jobs in September against a forecast of 90K, and July and August were revised down by a combined 60K. The unemployment rate rose to 4.2%, and hourly pay grew 3.0% over the year against a 3.2% fore…
NZD/USD advances on Friday and trades around 0.5610 at the time of writing, up 0.12% on the day. The New Zealand Dollar (NZD) benefits mainly from the decline in the US Dollar (USD), which comes under pressure following…
MUFG analysts Lin Li, Michael Wan, Lloyd Chan and Khang Sek Lee highlight that Asia FX will be driven by the Reserve Bank of India’s (RBI) finely balanced decision on 7 October. They expect RBI to keep rates on hold but…
Gold prices dropped on Friday, with the yellow metal struggling to decisively break the $4,200 milestone. The precious metal is down nearly 1% as US Treasury yields edge higher following a less-than-stellar US employmen…
The Pound Sterling (GBP) rises by over 0.41% against the US Dollar (USD) on Friday, as the US Unemployment Rate rises amid a worse-than-expected Nonfarm Payrolls report for September. At the time of writing, GBP/USD tra…
The Pound Sterling (GBP) registers modest gains on Tuesday after Iran's IRGC threatened to attack US companies as of April 1, turning the market mood sour, while the US Dollar (USD) trimmed some of its earlier losses. N…
The Swiss Franc (CHF) is emerging as a safe haven amid the global government bonds sell-off, showing a surprising comeback against an otherwise firm US Dollar (USD) this week, as Switzerland's sound fiscal position stan…
TD Securities' Macro Research’s FX team notes the softer US payrolls data is only marginally negative for the Dollar, with the labor market still described as buoyant and neither overheating nor deteriorating. They argu…
The Euro (EUR) reverses previous daily gains against the British Pound (GBP) on Friday, diving to fresh two-and-a-half-month lows just above 0.8500, and is set to show a more than 1% weekly decline. A toxic mix of surgi…
Royal Bank of Canada analysts review Canada’s September labour report, the first full dataset since U.S. Section 338 tariffs took effect. They estimate around 0.4% of Canada’s GDP and employment is tied to tariff-listed…
USD/JPY trades around 157.65 on Friday at the time of writing, down 0.28% on the day. The pair briefly dropped to 156.95 following the release of the United States (US) employment report before erasing the entire move a…
TD Securities analysts characterize the upcoming September FOMC minutes as largely outdated given subsequent employment and PCE data. The minutes are expected to show disagreement over how much further tightening is nee…
Nordea’s Global Macro team of Tuuli Koivu, Jan von Gerich and Anders Svendsen note Euro-area inflation accelerated in September, driven mainly by energy and food.
The Euro (EUR) trades lower against its major currency peers due to mounting fiscal worries in France. In the European trade, the major currency is down 0.35% at around 177.00 against the Japanese Yen (JPY).
