ECB’s Lane: Current Energy Shock Unfolds in Less Demand-Supportive Environment Than 2022
European Central Bank Chief Economist Philip Lane has highlighted a key difference between the current energy price surge and the one that followed
Forex News
Forex News
Malaysia’s Subsidy Costs Remain Manageable, Funding Resilient: BNP Paribas
Malaysia’s subsidy expenditure, while substantial, remains within manageable levels and the country’s funding capacity continues to demonstrate resilience, according to a recent analysis
Forex News
Silver Price Forecast: Six-Day Rally Targets $90 as Bulls Seize Control
Silver prices have extended their winning streak to six consecutive sessions, with the precious metal now setting its sights on the psychologically significant
Forex News
US Dollar Surges After Hot Inflation Data; Markets Eye Retail Sales and UK GDP
The US Dollar strengthened broadly on Wednesday after the release of hotter-than-expected US inflation data, reinforcing expectations that the Federal Reserve will maintain
Forex News
GBP/JPY Holds Steady After Pulling Back From Recent Gains
The British pound traded in a narrow range against the Japanese yen on Wednesday, stabilizing after paring a portion of its recent upward
Forex News
Gold Slips as Hot US PPI Data Boosts Yields, Dollar
Gold prices edged lower on Tuesday as stronger-than-expected US Producer Price Index (PPI) data pushed Treasury yields higher and strengthened the US Dollar,
Forex News
ECB’s Philip Lane Warns Oil Shock Could Force Further Rate Hikes
European Central Bank (ECB) Chief Economist Philip Lane has issued a stark warning that a significant oil price shock would likely require additional
Forex News
South Korean Won under pressure as volatility persists, says OCBC
The South Korean Won is showing signs of fading strength as currency market volatility remains elevated, according to a recent analysis from OCBC
Forex News
Gold struggles to attract buyers as bullish USD, Fed rate hike bets weigh on sentiment ahead of US PPI
Gold prices are facing renewed headwinds this week, struggling to attract buyers as a resurgent US dollar and growing expectations of further Federal
Forex News
Morgan Stanley Sees Potential for Yuan Weakening if China Export Momentum Holds
Morgan Stanley analysts have revised their outlook on the Chinese yuan, suggesting the USD/CNY exchange rate could move lower if China’s export sector
