Tsys were mixed on Friday, front-end underperformed slightly after November preliminary S&P; Global US PMI services and composite readings beat estimates. We have opened much stronger this morning ...
USD/JPY tracks near 154.30/35 in latest dealings, around 0.30% firmer for the yen in the first part of Monday trade. Broader USD softness is evident following Trump's pick for Treasury Secretary, ...
The AUD/NZD pushed higher for a fifth straight session, closing 0.31% higher at 1.1146. The cross made new multi-year highs and now eyes 1.1200, the cross briefly traded above 1.1200 back in 2022 and ...
The USD is weaker across the board in the first part of Monday Asia Pac dealing. Trump's pick of Scott Bessent as Treasury Secretary is a likely driver. The BBDXY index closed at 1291.22 in NY trade ...
BoC-dated OIS at one point showed 29bp of cuts priced for the Dec 11 meeting but has since shifted back to the 30bp seen ...
The Federal Reserve will stick to its 2% inflation target as part of its 2025 framework review and focus on the Statement on ...
The European Central Bank is debating whether to maintain its commitment to “keep policy rates sufficiently restrictive for ...
Italy’s 2024 fiscal deficit is likely to be 0.1-0.2 percentage point higher than its target of 3.8% of GDP, and the country’s ...
The Chilean peso has underperformed today on the back of a further decline in copper prices, with the currency falling 1.3% against the dollar. Copper is down by 0.6% today and 1.9% from its weekly ...
In 2024, there have been three notable episodes of reduced cross-market curve correlation between Australia and the U.S., ...
The Federal Reserve could pause interest rate cuts as early as December and make further reductions at a tempered pace next ...
The oil market is “still complacent” about the geopolitical risks posed by an extension of sanctions against Iran and Russia, according to Rapidan Energy’s Bob McNally.“The next administration’s ...