Oil holds near recent highs as Hormuz risks keep markets one edge. Oil prices are holding close to recent highs with December Brent futures at close to USD 110/b while WTI November futures are holding ...
China’s economy gained momentum in Q3, led by stronger industrial production, although domestic demand remained uneven. GDP growth rose to 4.5%yoy from 4.3%yoy, slightly above consensus of 4.4%yoy, ...
The pound has continued to strengthen at the start of the European trading session resulting in EUR/GBP falling back towards yesterday’s year-to-date low of 0.8393 while cable has risen above 1.3350.
The 10-year JGB yield is likely to enter a period of consolidation in the week of October 19 following a sharp decline the previous week. We expect dip-buyers to emerge at yields near 3%. After ...
The major foreign exchange rates have remained stable overnight with the US dollar continuing to trade at modestly weaker levels following last week’s correction lower. The dollar index closed lower ...
The dollar softened after Fed Chair Warsh offered no hawkish steer at the IMF meetings, prompting markets to scale back expectations of another rate hike at the 27-28 October FOMC meeting. The implied ...