August 4, 2023 7:23 am
Key points Peso registers fresh 6-week low against US Dollar Philippine inflation slows in July, but still above BSP target BSP ready to tighten policy if needed The Philippine Peso registered a fresh six-week low against the US Dollar on Friday, after data showed Philippine inflation still remained above the central bank’s target. Bangko Sentral […]
Read moreAugust 3, 2023 12:05 pm
Key points WTI Crude Futures pull back from April highs US crude stockpiles drop the most on record last week – EIA US credit rating downgrade weighs on risk sentiment Futures on US West Texas Intermediate Crude Oil extended a pullback from over three-month peak on Thursday, after a US government credit downgrade cooled investor […]
Read moreAugust 3, 2023 9:22 am
Key points Rupee registers fresh 10-week low amid risk-off mood Safe haven buying, macro data boost US Dollar RBI probably sold dollars at 82.75-82.80 Rupee levels – media report India’s Rupee extended losses against the US Dollar on Thursday, while hitting a fresh 10-week low, amid a broad risk aversion stemming from the US credit […]
Read moreAugust 3, 2023 7:26 am
Key points GBP/JPY trades in tight range, not far from four-week peak of 183.248 Bank of England expected to hike rates to 15-year high of 5.25% today Market players still assessing Bank of Japan’s policy decision last week The GBP/JPY currency pair traded within a narrow range on Thursday, while holding in proximity to a […]
Read moreAugust 2, 2023 12:15 pm
Key points WTI Crude Futures surge 0.7%, hold near April highs US crude stockpiles drop the most since 2012 last week – API Futures on US West Texas Intermediate Crude Oil surged on Wednesday, while trading near levels last seen in April, after a sharp drop in US crude oil stocks indicated robust fuel demand. […]
Read moreAugust 2, 2023 7:27 am
Key points New Zealand jobless rate at 2-year high Data may not prompt RBNZ to continue rate-hiking campaign BoJ decision last week not a prelude to exit from ultra-easy policy – Deputy Governor The New Zealand Dollar retreated over 1% against the Japanese Yen on Wednesday, after data showed New Zealand’s unemployment rate had risen […]
Read moreAugust 1, 2023 12:21 pm
Futures on US West Texas Intermediate Crude Oil eased on Tuesday due to possible profit-taking, following a strong performance in July mostly driven by supply tightening. WTI Crude Futures settled at $81.80 per barrel on Monday, the commodity’s highest since April 14th. Futures gained as much as 15.8% last month, or the most since January […]
Read moreAugust 1, 2023 9:26 am
Key points Weaker-than-expected Chinese manufacturing data reinforce the case for economic stimulus CAD traders look to Canadian manufacturing data for clues over economic health The risk-sensitive New Zealand Dollar weakened against its Canadian counterpart on Tuesday, after a private survey showed China’s factory activity had shrunk for the first time since April in July, as […]
Read moreAugust 1, 2023 7:29 am
Key points RBA keeps rates on hold for second straight month Traders speculate RBA cash rate peak likely reached Yen volatile after BoJ steps toward policy shift The Australian Dollar retreated against the Japanese Yen on Tuesday, after the Reserve Bank of Australia kept interest rates steady for a second consecutive month, which triggered speculation […]
Read moreJuly 31, 2023 12:37 pm
Elbit Systems (ESLT) said that it had been awarded a contract worth nearly $60 million to supply 155mm artillery shells to the Israeli Defense Forces’ Artillery Corps. “The expansion and the upgrade of our production infrastructure enables the provision of rapid production of a range of high quality solutions to the Israel Ministry of Defense,” […]
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