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Singapore Dollar: Downside risk persists against US Dollar – UOB

United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann note USD/SGD is trading just above 1.29 after a quiet session, with momentum only tentatively firmer. They expect intraday consolidation between 1.2900 and 1.2…

1 min read

Stock Indexes Retreat as Crude Oil and Bond Yields Climb

The S&P 500 Index ($SPX) (SPY) today is down -0.13%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.15%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.48%. September E-mini S&P futures (ESU26) are down -0.1…

7 min read

Euro elevates ahead of ECB decision and Japanese inflation data

EUR/JPY trades marginally higher near the 186.20 area on Wednesday as the Japanese Yen (JPY) remains under pressure near multi-decade lows. The Euro (EUR) is relatively stable as investors avoid taking large positions a…

2 min read

Gold price breaks higher as US Dollar weakness fuels rally

Gold price (XAU/USD) surges over 1.50% on Wednesday, cracks a key resistance trendline and hits a new two-week high as the Greenback weakens. This Bullion price action comes despite rising tensions and hostilities betwe…

4 min read

Stock Indexes Settle Higher as Chipmakers Soar

The S&P 500 Index ($SPX) (SPY) on Tuesday closed up +0.89%, the Dow Jones Industrial Average ($DOWI) (DIA) closed up +0.74%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +1.93%. September E-mini S&P futures (ESU26) …

8 min read

Stock Indexes Retreat as Crude Oil and Bond Yields Climb

The S&P 500 Index ($SPX) (SPY) today is down -0.13%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.15%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.48%. September E-mini S&P futures (ESU26) are down -0.1…

7 min read

Dollar Slightly Lower as the Yen Recovers

The dollar index (DXY00) is down by -0.10% today. The dollar is under modest pressure today amid a recovery in the yen, which rose from a 39-year low on the prospect of faster interest rate hikes from the BOJ. Losses in…

5 min read

Stock Indexes Settle Higher as Chipmakers Soar

The S&P 500 Index ($SPX) (SPY) on Tuesday closed up +0.89%, the Dow Jones Industrial Average ($DOWI) (DIA) closed up +0.74%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +1.93%. September E-mini S&P futures (ESU26) …

8 min read

Dollar Slightly Lower as the Yen Recovers

The dollar index (DXY00) is down by -0.10% today. The dollar is under modest pressure today amid a recovery in the yen, which rose from a 39-year low on the prospect of faster interest rate hikes from the BOJ. Losses in…

5 min read

Stock Indexes Retreat as Crude Oil and Bond Yields Climb

The S&P 500 Index ($SPX) (SPY) today is down -0.13%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.15%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.48%. September E-mini S&P futures (ESU26) are down -0.1…

7 min read

British Pound steadies as cooler UK CPI meets Oil shock

The Pound Sterling holds firm during the North American session as UK inflation data dipped, easing pressure on the Bank of England to tackle higher prices, while attacks between the US and Iran don’t seem to be ending …

5 min read

Sen. Wyden introduces bill to curb Trump's tariff powers

Sen. Ron Wyden, D-Ore., on Wednesday introduced a bill that would rein in President Donald Trump's broad tariff powers by eliminating some of his statutory tools to set import duties and giving Congress a greater say ov…

3 min read

Australian Dollar steadies ahead of Australian employment data

AUD/USD trades near 0.7000 on Wednesday, recovering from an intraday pullback but remaining marginally lower on the day. The pair briefly fell toward 0.6985 before rebounding, while the US Dollar Index (DXY) slipped tow…

2 min read

Aluminium: Tariff tweaks seen as long-term policy – ING

ING analysts discuss changes to US Section 232 aluminium tariffs aimed at incentivizing domestic smelting investment. Qualifying projects can import at 25% instead of 50%, but ING stresses this is a long-term industrial…

1 min read