Deutsche Bank is shifting gears on its proprietary foreign exchange trading platform, offering access to certain workflow elements via third-party platforms – as clients continue to migrate towards these venues. For years, banks have tried to divert FX traffic from the multi-dealer platforms by offering value-added services. But their efforts have not slowed down the […]
Reserve Bank of Australia assistant Gov Hunter: Higher US tariffs will put a drag on the global economy Assuming weaker global growth environment will moderately dampen prices for tradable goods Higher uncertainty can lead to declines in investment, output and employment Higher global uncertainty has a large negative effect on Australian business investment Australia’s exporters
The manufacturing sector in Malaysia continued to contract in May, albeit at a slower pace, the latest survey from S&P Global revealed on Tuesday with a manufacturing PMI score of 48.8. That’s up from 48.6 in April, although it remains beneath the boom-or-bust line of 50 that separates expansion from contraction. Production levels were subdued
Bank of Japan (BoJ) former board member Makoto Sakurai said on Tuesday that the Japanese central bank will probably halt its quarterly reductions in government bond purchases starting next fiscal year, per Bloomberg. The BoJ has been trimming its bond-buying by ¥400 billion ($2.8 billion) every quarter since last summer, but recent pressure from rising
The Bank of Japan is being urged by market participants to either maintain or ease the pace of its bond purchase tapering beyond fiscal 2026, according to a summary of meetings the Bank held in late May with bond market players. The requests reflect growing concern over recent volatility in super-long Japanese government bond (JGB)
New Zealand’s terms of trade was up 1.9 percent on quarter in the first quarter of 2025, Statistics New Zealand said on Tuesday. That was well shy of forecasts for an increase of 3.6 percent and down from 3.1 percent in the three months prior. Export prices were up 7.1 percent on quarter, beating expectations
Elior Manier Market Analyst Elior brings over seven years of experience in financial markets to our analyst team. Since 2018, he has actively engaged in observing, charting, and trading, driven by his passion for mastering market dynamics. With a profound understanding of the geopolitical and macroeconomic forces that shape market movements, Elior focuses on analysing
USD/CHF drops to 0.8155 amid renewed ‘Sell America’ sentiment across global markets. RSI confirms bearish momentum; next targets are YTD low at 0.8083 and psychological support at 0.8000. Recovery needs a break above 0.8200, with resistance at 0.8300 and last week’s high at 0.8346. USD/CHF extended its losses during Monday’s North American session, down 0.60%
The latest GDP growth for Q2 rises to 4.6% from 3.8%. In your own words: The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2025 is 4.6 percent on June 2, up from 3.8 percent on May 30. After this morning’s releases from the US Census Bureau
The President of the Federal Reserve (Fed) Bank of Dallas, Lorie Logan, struck a cautiously balanced tone in earlier remarks, acknowledging both persistent inflation pressures and rising market uncertainty. Key Quotes Despite uncertainty and financial market volatility, the US economy is resilient. The labour market remains stable. Inflation is still somewhat above target. Risks are
2025.06.02 2025.06.02 Best Continuation Candlestick Patterns: Bullish and Bearish Examples Alan Tsagaraevhttps://www.litefinance.org/blog/authors/alan-tsagaraev/ In the world of trading, where even a minor change in an asset’s value represents an opportunity to generate substantial profits, candlestick patterns play a pivotal role. Candlestick continuation patterns indicate that the existing trend is likely to continue. By mastering these candlestick
Risk sentiment remains fragile as the US session gets underway, with equity markets under pressure from renewed tariff threats. European stocks are particularly heavy after US President Donald Trump threatened to double tariffs on imported steel. UK equities, however, are finding some support from Prime Minister Keir Starmer’s announcement of increased defense spending. In the
(Partial video transcript) This week’s trading opportunity Axel Rudolph: Good morning and welcome to “Trade of the week” on Monday 2nd June, 2025. Let’s begin with today’s trade, which is to go long New York sugar. So, let’s have a look at the daily chart, and the reason I want to go long is twofold. If
Are markets ignoring Trump’s latest tariff outburst? It looks like all the ‘TACO’ talk (Trump Always Chickens Out) got to the US president last week. His Friday announcement of 50% tariffs on steel, and direct criticism of China, suggests that Mr Trump has spent some time pondering this view of him in the global media
The USD/CAD forecast suggests solid bearish sentiment. Canada’s GDP expanded by 2.2% in the first quarter, beating estimates of a 1.7% increase. Trump threatened to increase tariffs on aluminium and steel imports to 50%. The USD/CAD forecast suggests solid bearish sentiment as the Canadian dollar extends gains after an upbeat GDP report. At the same
Key details: Domestic and overseas market conditions remain turbulent Input cost and selling price inflation both ease Comment: Rob Dobson, Director at S&P Global Market Intelligence said: “May PMI data indicate that UK manufacturing faces major challenges, including turbulent market conditions, trade uncertainties, low client confidence and rising tax-related wage costs. Downturns in output, new
