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Oil: Middle East tensions revive inflation channel – BNY

BNY reports that renewed Iranian–U.S. hostilities lifted Brent above 3%, reviving the inflation channel but remaining secondary to Fed and AI valuation drivers. The bank notes the U.S. interception of Iranian missiles a…

1 min read

US Dollar: Fed hold to test recent resilience – ING

ING strategists Francesco Pesole and Frantisek Taborsky expect the Federal Reserve to keep rates unchanged, with two dissenters possibly voting for a hike, limiting downside in front-end USD rates. They argue the Dollar…

2 min read

Gold struggles for direction ahead of Federal Reserve policy verdict

Gold (XAU/USD) consolidates above $4,000 on Wednesday, as price action remains choppy amid growing caution ahead of the Federal Reserve’s (Fed) monetary policy announcement, while the war in the Middle East intensifies …

4 min read

Chevron Stock: Is Wall Street Bullish or Bearish?

Chevron Corporation (CVX) is one of the world's largest integrated energy companies, engaged in the exploration, production, refining, transportation, and marketing of oil, natural gas, and refined petroleum products. H…

2 min read

Federal Reserve: Surprise risk keeps global rates elevated – ING

ING’s Michiel Tukker expects the Federal Reserve (Fed) to keep rates on hold, even as markets price a 30% chance of a hike. He notes that any decision will move United States (US) rates and influence global curves. Tukk…

2 min read

Equities: Record allocation sustains Dollar exposure – BNY

Geoff Yu at BNY reports that global equity allocations have reached a record share of portfolios, with United States (US) markets dominating both equity and fixed-income holdings. Yu sees recent Dollar-selling from equi…

2 min read

Australian Dollar: Softer inflation tempers rate hike odds – MUFG

MUFG’s Lee Hardman notes that the Australian Dollar, a beneficiary of AI-related demand, has weakened after another softer-than-expected Australian Consumer Price Index (CPI) release. Core inflation undershot the Reserv…

1 min read

Canadian Dollar gains as oil prices rebound

USD/CAD extends its losses for the second consecutive day, trading around 1.4090 during the European hours on Wednesday. The pair loses ground as the Canadian Dollar (CAD) gains on higher oil prices, which have rebounde…

4 min read

A Fed Hike Could Shake Sentiment

Oil prices turn lower as Bessent says U.S. may have Iran deal "today or tomorrow"

3 min read

US Dollar: Long positioning faces FOMC risk – DBS

DBS Bank’s Philip Wee notes that Dollar bulls have built substantial long USD positions ahead of the FOMC, encouraged by Brent’s sharp rebound and expectations of a surprise rate hike by Chairman Kevin Warsh. However, h…

1 min read