Author: finadmin

Gold holds steady near $4,200 as US–Iran peace progress offset by Fed hawkish stance

Gold holds steady near ,200 as US–Iran peace progress offset by Fed hawkish stance

Gold price (XAU/USD) trades on a flat note near $4,190 during the early Asian session on Tuesday. The precious metal steadies as traders continue to assess the developments surrounding the US-Iran peace deal. US Vice President JD Vance said on Monday that negotiations between the US and Iran have made “great progress” despite “threatening” and […]

Swiss Franc weakens vs Dollar, Euro as SNB gets relief

Swiss Franc weakens vs Dollar, Euro as SNB gets relief

The Swiss Franc (CHF) loses ground against the US Dollar (USD) and the Euro (EUR) on Monday as risk appetite improves amid the start of US-Iran talks, which US Vice President JD Vance deemed positive. Also, a hawkish tilt by the Federal Reserve (Fed) and the Swiss National Bank (SNB), which is ready to weaken […]

Price pressures and policy hold – UOB

Price pressures and policy hold – UOB

UOB economists Julia Goh and Loke Siew Ting note Malaysia’s May headline inflation rose to 2.0% year-on-year, the highest since July 2024, driven by Food, Housing, Utilities and Transport. Year-to-date inflation of 1.7% supports their full-year 2.0% forecast. They highlight supply-side shocks from the Middle East conflict and El Niño, but expect Bank Negara Malaysia […]

Policy divergence supports against US Dollar – Rabobank

Policy divergence supports against US Dollar – Rabobank

Rabobank’s Senior Macro Strategist Teeuwe Mevissen notes that divergence between the Federal Reserve (Fed) and European Central Bank (ECB) is becoming more important for EUR/USD. The Fed has dropped its easing bias and kept rates at 3.50–3.75%, while the ECB has resumed tightening with a 25 bp hike. Mevissen argues these relative rate dynamics could […]