The TWD is languishing ahead of the presidential election on Saturday. Economists at Société Générale analyze USD/TWD outlook. Positioning for Taiwan presidential election may spur safe…
Weekly economic & financial commentary
Summary United States: Inflation’s Downward Trend Remains in Place International: China’s December Activity Data Underwhelm Interest Rate Watch: A View from the Summit Credit Market Insights: Where Credit’s Due:…
Pound Sterling falls as annual UK factory data underperform
The Pound Sterling (GBP) faces a correction after the United Kingdom Office for National Statistics (ONS) reported mixed factory data for November. Monthly growth in the manufacturing sector…
Air Travel in 2023 Was a Nightmare. And Flying Isn’t Likely to Get Much Better in 2024.
Complaints about airlines were so numerous in 2023 that the Transportation Department couldn’t even count all the grievances it received for several months. Seriously. “It…
DAX forming a continuation pattern at the highs
DAX has seen some deep pullback in 2023, but it was A-B-C drop into the important 14400-14600 area. We can see nice and clean impulsive…
US: Surprisingly high inflation can hurt USD if monetary policy is perceived to be too dovish – Commerzbank
What does Thursday’s US inflation data tell us? Ulrich Leuchtmann, Head of FX and Commodity Research at Commerzbank, analyzes why USD exchange rates did not make huge…
USD/TWD: Uptrend is likely to extend on a break past 31.50/31.58 – SocGen
The TWD is languishing ahead of the presidential election on Saturday. Economists at Société Générale analyze USD/TWD outlook. Positioning for Taiwan presidential election may spur safe…
WTI rises as US, UK attack Iran-backed Houthi’s targets, trades near $73.50
West Texas Intermediate (WTI) price rises on the second consecutive day, driven by heightened concerns over potential oil supply disruptions in the Red Sea. Air…
UK and US attack in Yemen bring rebound in Crude
Equity markets are regaining lost ground this morning as the losses associated with yesterday’s higher than expected US inflation gauge are steadily regained. The FTSE…
The crypto market fluctuates but does not move
Market picture Cryptocurrency market capitalization is at the same level as the previous day at $1.76 trillion, with the market showing impressive intraday amplitude on…