Trading news

12 minutes ago

USD/CHF edges higher as USD rebounds, mixed US data and inflation risks in focus

USD/CHF edges higher on Thursday as the US Dollar (USD) stages a modest recovery after eight consecutive days of losses, putting pressure on the Swiss Franc (CHF). At the time of writing, the pair is trading around 0.7828, up nearly 0.11% on the day.

19 minutes ago

China: Growth beats expectations – Standard Chartered

Standard Chartered economists Carol Liao, Shuang Ding and Hunter Chan note that China’s Q1 Gross Domestic Product (GDP) grew 5.0% year-on-year, above the 4.8% consensus, supported by strong exports and a rebound in fixed asset investment.

20 minutes ago

Silver edges lower as US‑Iran talks, Fed caution weigh on safe‑haven demand

Silver (XAG/USD) trades slightly lower on Thursday, hovering around $78.60 at the time of writing, down 0.49% on the day.

27 minutes ago

United Kingdom NIESR GDP Estimate (3M) climbed from previous 0.3% to 0.6% in March

United Kingdom NIESR GDP Estimate (3M) climbed from previous 0.3% to 0.6% in March

42 minutes ago

USD/JPY: Intervention risk versus hedge overhang – BNY

BNY’s Bob Savage notes that Japanese equities have reclaimed record highs, but international allocations to Japan and Japanese Yen (JPY) hedges have not fully normalized. JPY remains pressured by persistent foreign hedging and limited Japanese outflows.

1 hour ago

Oil: Futures discount tightening physical market – ING

ING’s Warren Patterson and Ewa Manthey note that Oil prices are drifting lower as markets price in a possible extension of the US–Iran ceasefire and renewed peace talks, even as physical supply tightens due to disrupted flows through the Strait of Hormuz.

1 hour ago

United States Industrial Production (MoM) below forecasts (0.1%) in March: Actual (-0.5%)

United States Industrial Production (MoM) below forecasts (0.1%) in March: Actual (-0.5%)

1 hour ago

United States Capacity Utilization registered at 75.7%, below expectations (76.3%) in March

United States Capacity Utilization registered at 75.7%, below expectations (76.3%) in March

1 hour ago

United States Industrial Production (MoM) registered at 0.2% above expectations (0.1%) in March

United States Industrial Production (MoM) registered at 0.2% above expectations (0.1%) in March

1 hour ago

USD/ZAR: Vulnerable as risk and Gold support Rand – Societe Generale

Societe Generale analysts highlight a strong rebound in global risk appetite, benefiting the South African Rand. USD/ZAR is seen as vulnerable after failing to hold above its 200-day moving average at 17.00, with scope to grind toward 16.00.

1 hour ago

Russia Central Bank Reserves $ up to $774.8B from previous $767.5B

Russia Central Bank Reserves $ up to $774.8B from previous $767.5B

1 hour ago

USD: Recovery narrative supports range trading – BBH

Brown Brothers Harriman’s (BBH) Elias Haddad notes that the recovery narrative is overshadowing the International Monetary Fund's (IMF) weaker growth outlook, with global equities at record highs and the US Dollar (USD) retracing losses.

1 hour ago

Fed's Williams: Inflation to hit 2.75%-3% this year on energy prices

Federal Reserve Bank of New York President John Williams said on Thursday that they are seeing emerging signs of supply chain disruptions and added that he is projecting inflation to hit 2.75%-3% this year, due to rising energy prices, per Reuters.

1 hour ago

Gold holds range as US-Iran talks in focus, Oil-driven inflation caps gains

Gold (XAU/USD) trades with a mild upward bias on Thursday, though it remains confined within a multi-week range as traders refrain from placing strong directional bets while awaiting clearer signals on US-Iran peace talks.

1 hour ago

AUD/USD: RBA hawkish stance supports gains – Rabobank

Rabobank’s Senior FX Strategist Jane Foley highlights that the Australian Dollar (AUD) is the best performing G10 currency year-to-date, supported by expectations of further Reserve Bank of Australia tightening.

1 hour ago

US: Initial Jobless Claims decline to 207K vs 215K expected

The US Department of Labor (DOL) reported that the number of US citizens filing new applications for unemployment insurance decreased to 207K for the week ending April 11, down 11K from the previous week's revised level.

1 hour ago

United States Continuing Jobless Claims came in at 1.818M, above expectations (1.81M) in April 3

United States Continuing Jobless Claims came in at 1.818M, above expectations (1.81M) in April 3

1 hour ago

Fed: Warsh confirmation risks tracked – Danske Bank

Danske Bank analysts discuss US political risk around Federal Reserve (Fed) leadership, noting Kevin Warsh’s Senate hearing is scheduled for 21 April as part of his confirmation process as Fed chair.

1 hour ago

United States Philadelphia Fed Manufacturing Survey above forecasts (10) in April: Actual (26.7)

United States Philadelphia Fed Manufacturing Survey above forecasts (10) in April: Actual (26.7)

1 hour ago

United States Initial Jobless Claims 4-week average up to 209.75K in April 10 from previous 209.5K

United States Initial Jobless Claims 4-week average up to 209.75K in April 10 from previous 209.5K

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