Risk premium sustained on Gulf disruptions – Rabobank
Rabobank’s Florence Schmit highlights that TTF Natural Gas remains supported by low European storage and disrupted Gulf LNG flows. The absence of meaningful U.S.-Iran progress keeps a structural risk premium in prices, with 2026 TTF seen averaging €60/MWh in Q4. For 2027, the base case is €42/MWh, but infrastructure damage could push TTF into a […]
Swiss Franc steadies as Fed hike expectations offset safe-haven flows
The USD/CHF pair flatlines near 0.8090 during the early European trading hours on Tuesday. Traders brace for crucial US Producer Price Index (PPI) and Consumer Price Index (CPI) inflation data later this week. The CME FedWatch tool showed probability hovering around 60.6% for another quarter-point Federal Reserve (Fed) rate hike, whereas the Swiss National Bank […]
Iran’s warns economic warfare will be met by maritime exclusion zone
Secretary of Iran’s Supreme National Security Council, Mohsen Rezaei, warned on Tuesday that Tehran would respond to what it calls US “economic warfare” by imposing a maritime exclusion zone across the Persian Gulf. “Economic warfare will be met by a maritime exclusion zone across the Persian Gulf to the blockade perimeter,” said Rezaei, adding the […]
Gold declines to near $4,400 as robust US jobs data lifts Fed hike odds
Gold price (XAU/USD) drifts lower to near $4,410 during the early Asian session on Tuesday. The precious metal extends the decline as a stronger-than-expected US Nonfarm Payrolls (NFP) report for August bolsters expectations for a Federal Reserve (Fed) interest rate hike this month. Data last week showed that US NFP climbed by 162K in August, […]
Inflation and trade trends shape VND – Commerzbank
Commerzbank’s Vietnam update highlights rising inflation and a narrowing trade deficit, with strong manufacturing-led imports and resilient exports. The bank notes elevated CPI and external deficits limit scope for aggressive easing, but robust activity persists. USD/VND has been stable in a tight range, with potential support from portfolio inflows as FTSE upgrades Vietnam to Secondary […]
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 […]
WTI struggles to hold above $90 despite material supply risks
West Texas Intermediate (WTI), futures on NYMEX, turns upside down to near $89.50 during the European trading session on Monday. The oil price continues to face selling pressure above the $90 mark even as financial markets see prolonged global energy supply risks amid ongoing tensions between the United States (US) and Iran. In the latest […]
Struggles near 1.3500 as USD stays firm
The GBP/USD pair trades with a negative bias for the second straight day, though it lacks bearish conviction and trades around the 1.3500 psychological mark during the Asian session on Monday. Moreover, spot prices hold above Friday’s swing low, warranting some caution for bearish traders. The US Dollar (USD) draws support from rising bets for […]
