Hawkish pause keeps options open – DBS
DBS Group Research economist Chua Han Teng notes that Bank Negara Malaysia (BNM) held the Overnight Policy Rate at 2.75% while dropping language that the current level is appropriate. DBS expects rates to remain unchanged through 2026 but sees risks tilted towards a one-off policy normalisation. BNM holds but signals flexibility “Bank Negara Malaysia (BNM) […]
UBS: Commodities can add diversification as inflation, geopolitical risks rise
UBS: Commodities can add diversification as inflation, geopolitical risks rise Source link
Gold Price Forecast: XAU/USD Two-Week Plunge Puts August Breakout to the Test – FOREX.com
Gold Price Forecast: XAU/USD Two-Week Plunge Puts August Breakout to the Test FOREX.com Source link
Services PMI rebound keeps PBoC cautious – Commerzbank
Commerzbank says China’s August Services PMI rebound highlights some resilience in private-sector activity, but weak retail sales, soft inflation and higher unemployment still point to fragile domestic demand. The stronger PMI reduces the urgency for immediate PBoC easing, while leaving room for further support if growth weakens into year-end. Fragile demand keeps PBoC easing options […]
Japanese stocks face continued risk aversion despite record profits, Nomura says
Japanese stocks face continued risk aversion despite record profits, Nomura says Source link
Gold Price Today | Price of Gold Per Ounce | 24 Hour Spot Chart – KITCO
Gold Price Today | Price of Gold Per Ounce | 24 Hour Spot Chart KITCO Source link
Two-way risks around support levels – OCBC
OCBC’s Christopher Wong notes that USD/IDR has pulled back as a softer Dollar and lower UST yields support the Indonesian Rupiah. He highlights Bank Indonesia Governor Destry Damayanti’s emphasis on a stability-first approach, prioritizing Rupiah and macro stability while still supporting growth. Wong sees near-term support for IDR but flags elevated Oil prices and high […]
Foxconn expects Q3 to beat market expectations as AI demand stays strong
Foxconn expects Q3 to beat market expectations as AI demand stays strong Source link
Gold Price Forecast: XAU/USD tests $4,300 amid Fed tightening hopes, geopolitical tensions – tmgm.com
Gold Price Forecast: XAU/USD tests $4,300 amid Fed tightening hopes, geopolitical tensions tmgm.com Source link
USD/CHF Price Forecast: NFP rally stalls at 0.8100, retraces
The USD/CHF registers modest gains of over 0.30% as the Greenback is boosted by a solid US Nonfarm Payrolls report, pushing the pair above the 50-day Simple Moving Average (SMA) to reach a daily high of 0.8126. At the time of writing, trades at 0.8098. Source link
