Japanese GDP figures and China’s trade results in the limelight

The US Dollar (USD) has started the week on the back foot, rapidly leaving behind Friday’s uptick and refocusing on the downside. That said, the Greenback has also challenged three-day lows as investors appear to have already digested the firmer results from NFP while slowly shifting their attention to Friday’s crucial US inflation data. Here […]

September BoJ decision shapes path – HSBC

HSBC highlights that markets now expect the Bank of Japan (BoJ) to tighten policy more quickly, with overnight index swaps implying about 75bp of cumulative hikes by April 2027 and assigning odds to a move at the 18 September meeting. The bank’s base case is for USD/JPY to remain range-bound, but it also outlines a […]

Gold bears retain control as Fed hike bets and Oil-driven inflation weigh

Gold (XAU/USD) kicks off the week on a bearish note as Federal Reserve (Fed) interest rate hike concerns dominate market sentiment following the blockbuster US employment report, with energy-driven inflation also in focus as tensions between the United States and Iran continue to simmer. At the time of writing, XAU/USD trades around $4,396, down roughly […]