Alaska refuge oil lease auction draws only $3.7 million
Alaska refuge oil lease auction draws only $3.7 million Source link
Singapore Dollar: Firm NEER with mild upside against US Dollar – OCBC
OCBC’s FX Strategist Sim Moh Siong expects the Singapore Dollar (SGD) Nominal Effective Exchange Rate (NEER) to trade 1.5–2% above midpoint, supported by de-dollarisation and safe-haven flows, even as reduced…
New Zealand Dollar heads for 3% weekly loss as robust US payrolls data lifts US Dollar
NZD/USD slips to its lowest level since April on Friday as the US Dollar (USD) receives fresh bids in the wake of solid US Nonfarm Payrolls (NFP) data. At the…
The Weekly Bottom Line: Canada’s Economy Stalls Ahead of Trade Negotiations
Canadian Highlights Markets swung on hopes of a Middle East truce, but the outlook remains fragile. Canada’s economy has stalled out over the past two quarters, with weak domestic demand…
Forecasting the upcoming week: US Dollar ends week higher after strong NFP
The US Dollar (USD) rallied to near 100.10 on Friday, rising from a daily low of 99.16, after the US Nonfarm Payrolls (NFP) report showed the economy added 172K jobs…
Gold prices slump as strong jobs data firms dollar, boosts Fed rate hike bets
Gold prices slump as strong jobs data firms dollar, boosts Fed rate hike bets Source link
Indonesia: Policy focus on stability as BI mandate widens – DBS
DBS Group Research economist Radhika Rao highlights that Indonesia’s onshore markets are under pressure, with the Rupiah at record lows and equities near six‑year lows. She notes that Bank Indonesia’s…
Philippines: BSP seen staying hawkish on inflation – Standard Chartered
Standard Chartered economists Jonathan Koh and Edward Lee revise their Bangko Sentral ng Pilipinas (BSP) policy rate path, dropping expectations for a 50bps off-cycle hike before the 18 June meeting.…
Sunrise Market Commentary – ActionForex
Markets US economic data for a third day straight surprised to the upside. Starting Monday with the US manufacturing ISM and continuing on Tuesday with the JOLTS job report, we’ve…
South Korean Won: Semiconductor pullback weighs on KRW – DBS
DBS Group Research’s Chang Wei Liang highlights that USD/KRW has pushed above 1530 as weakness in semiconductor stocks adds pressure on the Korean Won. He links KRW softness to foreign…
