Consolidation near 1.28 with upside risks against US Dollar – OCBC
OCBC’s Sim Moh Siong and Christopher Wong note USD/SGD is consolidating around 1.28 as softer United States (US) Producer Price Index (PPI) trims Federal Reserve (Fed) hike expectations but fails to trigger fresh US Dollar (USD) selling. While they still see downside risks over time, geopolitical tensions and the pair’s inability to break lower suggest […]
Workday buyout may restore confidence in battered software valuations, analysts say
Workday buyout may restore confidence in battered software valuations, analysts say Source link
Gold Price Forecast: Can Gold Keep Rising After Reclaiming $4,400 as Markets Await Upcoming CPI Data? – TradingKey
Gold Price Forecast: Can Gold Keep Rising After Reclaiming $4,400 as Markets Await Upcoming CPI Data? TradingKey Source link
Range-bound near term, stronger in 2027 against Euro – Nordea
Nordea strategists see the Norwegian Krone (NOK) broadly stable over the next six months after July’s EUR/NOK decline, driven by higher Oil prices and Norges Bank’s increased NOK purchases. They stress two-sided risks tied to Middle East developments and Oil, but expect a somewhat stronger NOK in 2027 as a weaker US Dollar (USD) and […]
Replimune Group stock may move 5.6% on earnings release
Replimune Group stock may move 5.6% on earnings release Source link
Gold Price Forecast: XAU/USD Holds Above 100-Day SMA as Upside Risks Persist – CryptoRank
Gold Price Forecast: XAU/USD Holds Above 100-Day SMA as Upside Risks Persist CryptoRank Source link
War-driven price effects and inflation – UBS
UBS economist Paul Donovan discusses how the Gulf war has lifted Oil prices and pushed consumer price inflation above target in major economies. He notes that Energy has a relatively small direct weight in US and EU consumer baskets, but its indirect impact via transport and production is significant. Donovan highlights the complexity of isolating […]
Shell loses South Africa offshore exploration rights in court
Shell loses South Africa offshore exploration rights in court Source link
Gold Price Today, August 14: XAU/USD Falls Below $4,350 as Profit-Taking Deepens – Markets.com
Gold Price Today, August 14: XAU/USD Falls Below $4,350 as Profit-Taking Deepens Markets.com Source link
RBI support offsets wider trade gap – Societe Generale
Societe Generale notes India’s headline CPI rose slightly to 4.45% year-on-year in July, backing the RBI’s decision to keep policy unchanged. The central bank has reportedly been active in FX markets as the trade deficit widened. Higher Oil and Gold prices countered dovish Federal Reserve repricing, while non-resident inflows into Indian Government Bonds have helped […]
