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Asia wrap: Asian stocks stall as chips lift, Alibaba weighs
Asia’s Thursday tape was the kind of market that looks lively from a distance but flat when you press your nose against the glass. After Wall Street’s record sprint, traders in Tokyo and Seoul tried to carry the baton. Still, Hong Kong and Sydney promptly fumbled it, leaving the MSCI Asia-Pacific in
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Premium Accommodations in Gurgaon's Business Hub - Service Apartments and Hotels Near DLF Cybercity
In Gurgaon's dynamic business landscape, finding the perfect accommodation that seamlessly blends luxury, comfort, and convenience has become increasingly important for modern professionals and families. Both Service apartments Near DLF Cybercity and hotels near Cyber Hub Gurgaon have emerged as pre
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JPY: The game of interest rate hikes begins again – Commerzbank
Yesterday, when reports emerged that the Bank of Japan is still considering raising interest rates this year, I experienced a slight sense of déjà vu, Commerzbank's FX analyst Michael Pfister notes. JPY may therefore face volatile times ahead "It seems that we are entering another period in which th
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GBP/USD Price Forecast: Crucial upside barrier emerges near 1.3600, traders await US PPI release
GBP/USD strengthens to around 1.3540 in Wednesday’s early European session. Positive view of the pair prevails above the 100-day EMA, with a bullish RSI indicator. The immediate resistance level emerges in the 1.3585-1.3600 zone; the first support level to watch is 1.3496. The GBP/USD pair trades on
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JPY unmoved by stronger July wage data – BBH
The yen showed little reaction to Japan’s July cash earnings jump, driven largely by bonuses. With scheduled pay growth subdued and productivity gains keeping inflation pressures in check, the BOJ is unlikely to tighten policy beyond current market pricing, leaving USD/JPY range-bound, BBH FX analys
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GBP holds firm as inflation expectations rise – BBH
The Pound Sterling (GBP) is steady against most peers after the Bank of England’s August DMP survey showed inflation expectations climbing to five-month highs, reinforcing a cautious approach to policy easing. However, persistent price pressures alongside weak UK growth prospects could weigh on GBP,
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Trump makes clear message to Fed with Lisa Cook firing attempt
While last week's data generally surprised to the upside and painted a picture of a resilient economy, all bets are off before the critical employment report this Friday. A weakening labour market is the only rationale behind the Federal Reserve’s dovish turn and telegraphing of a September cut, and
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Core PCE inflation metric ahead
Europe fails to follow US lead.UK bank stocks under pressure.Core PCE inflation metric ahead. A weak start in Europe this morning follows a largely positive US session that saw both the S&P 500 and Dow hitting fresh record highs. With Nvidia regaining much of the 5% decline originally slated in
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A math geek earnings more than $1 billion in trading profits in a year
I will be taking my annual two-week vacation this Sunday. I plan on writing the occasional letter, but I am going to try my best to invest quality time with the family and be more present than I have been over the last 18 months. If today’s letter is all over the place, don’t hold it against me. I h
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WTI falls below $63.50 as summer driving season approaches end
WTI price falls amid weakening US fuel demand as the summer driving season draws to a close.Traders watched for India’s response to US pressure to cut Russian Oil imports following the tariff increases.Oil prices may regain ground as the Russia-Ukraine attacks on energy infrastructure. West Texas In
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GBP/USD: Likely to trade in a range of 1.3465/1.3545 – UOB Group
Pound Sterling (GBP) is likely to trade in a range of 1.3465/1.3545. In the longer run, further GBP strength is not ruled out, but it is unclear if there is enough momentum for it to reach 1.3595, UOB Group's FX analysts Quek Ser Leang and Peter Chia note. It is unclear if there is enough momentum f
