Bessent Bounce Fades Fast: Markets Reject Treasury Buybacks
The so-called ‘Bessent bounce’ in U.S. Treasuries proved short-lived on Tuesday, as investors quickly dismissed the Treasury Department’s latest buyback operation, signaling persistent
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Yen Tests Key Support as Japan Data Firms, BBH Says
The Japanese yen is testing key support levels against the U.S. dollar as recent Japanese economic data shows signs of firming, according to
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EUR/GBP Forecast: Neutral RSI Points to Further Consolidation
The EUR/GBP currency pair is showing signs of a pause in its recent trend, as the Relative Strength Index (RSI) on the daily
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Indonesia’s Expansionary Policy Stance Faces Narrowing Fiscal Buffer: Standard Chartered
Standard Chartered has noted that Indonesia’s policy stance remains expansionary, but the fiscal buffer is narrowing, according to a recent analysis. The observation
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Canada Core Retail Sales Rise 0.5% in June, Beating Forecasts
Canada’s retail sales excluding autos rose by 0.5% in June, surpassing market expectations of a 0.4% increase, according to data released today. This
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Gold Holds Safe-Haven Bid as US Debt Concerns Persist – Commerzbank
Gold prices remain supported by safe-haven demand as concerns over US fiscal sustainability persist, according to a note from Commerzbank on Wednesday. Commerzbank
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Fed and Treasury at Odds: A Policy Clash with Market Consequences
The Federal Reserve and the U.S. Treasury are publicly contradicting each other over the direction of interest rates and fiscal policy, a rare
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Silver Climbs Toward $70 as US Dollar Remains Under Pressure
Silver prices are climbing toward the $70 per ounce mark as the US Dollar continues to face selling pressure, driven by shifting expectations
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AUD/USD Climbs Above 0.7150 as US Dollar Weakens on Treasury Buyback Bets
The Australian Dollar (AUD) strengthened past the 0.7150 mark against the US Dollar (USD) during Wednesday’s trading session, as the greenback came under
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China’s Foreign Direct Investment Declines Further: YTD Falls 6.2% in July
China’s year-to-date (YTD) foreign direct investment (FDI) declined by 6.2% in July, compared with a 5% drop in the previous month, according to