Turkish Central Bank Leaves Policy Unchanged – USD/TRY Pares Initial Dip
Turkish Lira briefly benefits from Turkish Central Bank maintaining monetary policy.
Bitcoin (BTC) Remains Listless – Where Has All the Volatility Gone?
Bitcoin's volatility is at a multi-month low, according to one closely followed technical indicator, leaving the coin stuck in a range.
Elevated Investor Expectations Sees Hang Seng Index (HSI) Up +3.0% After Yet Another Rate Cut
The Hang Seng Index rallied in the Asian session today on the back of the PBOC announcing further rate cuts to their 1 and 5-year LPR rates.
Russia, Ukraine Crisis Ignored by Financial Markets?
Tensions between the US and Russia are escalating over the latter’s increased military presence on the Ukrainian border. Are markets underpricing the risk?
Euro Bounces Back as US Dollar Pauses on Yield Dip. Will EU Inflation Ignite the ECB?
The Euro has gained against a softening US Dollar but it is under pressure against the British Pound. Will today's EU inflation data lift EUR/USD.
US Dollar Forecast: Mixed Signals Between USD/SGD, USD/THB, USD/IDR, USD/PHP
The US Dollar is once again facing a mixed outlook against ASEAN currencies. It remains vulnerable against the Singapore Dollar and Thai Baht. USD/IDR and USD/PHP remain more resilient.
Gold Price Forecast: XAU Rewards Bulls, But Silver Provides a Bigger Bounty
Gold prices broke above key resistance overnight, supported by a lull in surging Treasury yields as geopolitical tensions worsen. However, silver looks primed to climb.
Nasdaq 100 Falls on Rising Yield Concerns, Will Hang Seng Index follow?
The Nasdaq 100 index fell over 1% as investors mulled rising inflationary pressures and future rate hikes. Upbeat earnings from BoA, Morgan Stanley and P&G failed to lift the broader…
Australian Dollar Forecast: AUD/USD May Be Primed for Gains on Rosy Jobs Report
The Australian Dollar rose overnight against the US Dollar and may continue strengthening after a rosy Australian jobs report crossed the wires. A potential rate cut from the PBOC is…
Crude Oil Roars to New Heights, Ignoring a Strong US Dollar. Where To For WTI?
Crude oil has paused its run higher, but supply issues continue to cause concern for an energy complex facing a northern winter. Will WTI trend higher?