Dollar edged modestly higher in early US session, but the move lacked conviction as investors digested February CPI data that broadly matched expectations. Although the annual core rate remains somewhat elevated around 2.5%, the key takeaway is that inflation is not reaccelerating. That provides the Fed with breathing room to observe how the Iran war […]
The “safe haven” trade continues to unwind today, as seen in the weakness in Dollar. This softening is mirrored across the traditional safe-haven trio, with Yen and Swiss Franc also underperforming. The primary catalyst for this shift in sentiment is the “Trump de-escalation” narrative regarding the Iran conflict, which has successfully pulled a significant portion
Producer prices in Japan were down 0.1 percent on month in February, the Bank of Japan said on Wednesday That missed forecasts for an increase of 0.1 percent and down from 0.2 percent in January. Subscribe to continue reading the article. This article is part of our premium content offering.Subscribe with a RTTNews subscription. Subscribe
Japan’s economy grew much stronger than initially estimated in the fourth quarter on robust capital expenditure, revised data published by the Cabinet Office revealed Tuesday. Gross domestic product grew by an annualised 1.3 percent in the fourth quarter, which was revised up from the initial estimate of 0.2 percent. Subscribe to continue reading the article.
Market sentiment showed tentative signs of stabilization after the sharp panic seen at the open of the day. Oil prices eased from their initial spike following reports that G7 finance ministers would discuss the potential release of emergency oil reserves. Yet the relief remains fragile, with WTI crude still hovering above the psychologically important 100
Asian markets endured a severe sell-off today as the escalating conflict in the Middle East drove a dramatic surge in global energy prices. Brent and WTI crude both surged toward the 120 per barrel mark, on intensifying fears that the disruption around the Strait of Hormuz could evolve into a prolonged supply shock. The spike
The value of overall bank lending in Japan was up 4.5 percent on year in February, the Bank of Japan said on Monday – coming in at 663.823 trillion yen. That was above expectations for an increase of 4.4 percent, which would have been unchanged from the January reading following a downward revision from 4.5
Global markets are attempting to recover from the shock of a brutal Asian session as trading moves into Europe. Major European indices have managed to stage a modest rebound, helped in part by strong policy signaling from the US aimed at stabilizing energy markets. However, the recovery remains fragile. The underlying risks tied to the
Asian markets plunged into deep risk-off territory today as investors grappled with the escalating Middle East conflict and its growing economic consequences. Equity markets across the region extended losses for a third consecutive session, reflecting mounting fears that the crisis is evolving from a regional military confrontation into a broader global economic shock. South Korea
Offshore speed, onshore depth: a new reality for FX liquidity – FX Markets Skip to main content End of drawer navigation content Stark differences emerge between onshore and offshore pricing during macroeconomic news events, finds LMAX Group’s head of data In foreign exchange spot markets, speed has long been treated as a reliable guide to
The jobless rate in Japan came in at a seasonally adjusted 2.7 percent in January, the Ministry of Internal Affairs and Communications said on Tuesday. That was above expectations for 2.6 percent, which would have been unchanged from the December reading. The jobs-to-applicant ratio was 1.18 – missing forecasts for 1.19 and down from 1.20
Global markets have entered a phase of heightened volatility as Middle East tensions transition into direct and widening regional conflict. Initial safe-haven flows rushed into Swiss Franc, pushing the currency to decade-highs against Euro. However, the move proved short-lived after rare and explicit pushback from Swiss National Bank. In what traders quickly labeled a “verbal
Markets opened the week with a clear but measured risk-off tone following dramatic escalation in Middle East tensions over the weekend. While safe-haven flows were evident in Asia, price action so far remains contained rather than disorderly. Investors are reacting, but not capitulating. Equity markets in the region reflected caution rather than panic. Japanese and
Stronger-than-expected US PPI data has unsettled financial markets, shifting sentiment toward a more defensive footing. The persistence of upstream inflation pressures reinforces the view that the Fed will remain cautious and resist calls for rapid rate cuts. Although US President Donald Trump and senior White House officials have continued to advocate for lower rates, the
Forex markets are closing out February in subdued fashion, with activity thinning as traders hold back from fresh positioning ahead of a heavy data calendar next week. Aussie remains the standout performer, supported by stronger-than-expected inflation data earlier this week, which reinforced expectations that the RBA will deliver another rate hike in May. Swiss Franc
The value of retail sales spiked 1.8 percent on year in January, the Ministry of Economy, Trade and Industry said on Friday – coming in at 12.954 trillion yen. That beat expectations for an increase of 0.1 percent following the 0.9 percent decline in December. On a seasonally adjusted monthly basis, retail sales jumped 4.1
FX markets are subdued, with major pairs largely contained within recent ranges. Dollar is edging higher from earlier lows, but the move lacks follow-through amid a strong risk-on backdrop. Yen staged a mild recovery after hawkish signals from BoJ officials, yet it remains the week’s worst performer. Risk-on dynamics continue to outweigh policy rhetoric. For
