Today’s Analysis

The New Zealand dollar slipped to around $0.563 on Wednesday, continuing its decline amid mounting expectations that the Reserve Bank of New Zealand (RBNZ) will implement another 25-basis-point rate cut next week. Markets are now fully pricing in this move, …

Gold prices surged past $4,130 per ounce on Wednesday, marking a fourth straight session of gains, as growing market confidence pointed to the likelihood of the Federal Reserve resuming monetary easing in December. Fresh US labour data revealed that private …

Gold strengthened on Friday, inching back towards the key $4,000 level as a softer US dollar and signs of labour market weakness revived expectations of another Federal Reserve rate cut before the end of the year. The prolonged US government …

Asian equities plunged on Wednesday as investors dumped risk assets following a sharp, tech-driven rout on Wall Street. Japan’s Nikkei 225 slumped 3.47% to 49,380.65, wiping out nearly 7% from Tuesday’s record peak, while South Korea’s KOSPI dropped 6.2% amid …

The US dollar index held steady on Thursday, trading just below the 99 mark, after the Federal Reserve’s quarter-point rate cut and Chair Jerome Powell’s cautious tone prompted markets to reassess the outlook for monetary policy. Fed Outlook And Market …

The Japanese yen extended its rally for a third straight session on Thursday, with the USD/JPY pair easing to 150.72 as traders unwound bearish bets amid growing uncertainty surrounding Japan’s political landscape. The Liberal Democratic Party’s (LDP) recent split with …

The US dollar weakened to its lowest level in nearly a week on Wednesday, sliding to around 98.77 against a basket of major currencies. The decline followed dovish remarks from Federal Reserve Chair Jerome Powell and renewed tensions between Washington …

Gold traded close to $3,860 per ounce on Thursday, holding just shy of record territory as investors assessed weaker US employment data alongside the fallout from Washington’s political stalemate. Congress blew past a midnight funding deadline, triggering the US government’s …

The New Zealand dollar lingered around $0.579 on Wednesday, holding steady after modest gains, as the greenback softened on concerns that a potential US government shutdown could be imminent. The prospect of Washington grinding to a halt is stoking nerves …

Oil markets extended their cautious climb on Wednesday, with West Texas Intermediate (WTI) advancing 0.3% to $63.62 a barrel and Brent crude also up 0.3% at $67.82. It marked the second consecutive session of gains. The move higher was driven …