Trading news

The Aussie Dollar depreciates against the Japanese Yen on Wednesday, down by more than 1%, courtesy of broad Yen’s strength, courtesy of the landslide victory of Prime Minister Takaichi over the weekend. At the time of writing the AUD/JPY trades at 109.23.

Cleveland Fed President Beth Hammack is crossing the wires. She said that the Unemployment Rate is stabilizing, following the release of the strong January Nonfarm Payrolls report in the US.

UOB Global Economics & Markets Research economists Julia Goh and Loke Siew Ting highlight that Malaysia’s labour market strengthened further in 4Q25, with unemployment falling to 2.9% and participation steady at 70.9%.

Standard Chartered economists Hunter Chan, Shuang Ding and Carol Liao note that China’s broad fiscal deficit reached 8.1% of GDP in 2025, below target but still expansionary.

The shared currency retreats below 1.1900 on Wednesday as the Greenback stages a recovery on a strong jobs report in the United States showed the strength of the economy. At the time of writing, the EUR/USD trades at 1.1885, down 0.07%.

UOB Global Economics & Markets Research reports that Singapore’s 4Q25 GDP was revised significantly higher, driven by stronger manufacturing, services and construction. This lifted full‑year 2025 growth and prompted the authorities to raise the official 2026 forecast range.

A Wall Street Journal article revealed that the Pentagon is preparing a second aircraft carrier to deploy to the Middle East.

The United States (US) released stronger-than-expected US Nonfarm Payrolls report for January, adding 130K jobs in quite an auspicious start to the year, while the Unemployment Rate ticked lower to 4.3%, and Average Hourly Earnings held steady at 3.7% over the last twelve months.

MUFG’s Senior Currency Analyst Lloyd Chan notes Indonesia enters 2026 with solid growth momentum but rising fiscal and policy risks.

United States Monthly Budget Statement came in at $-95B, below expectations ($-86.5B) in January

US Treasury yields rise across the curve with the US 10-year Treasury note rising nearly one and a half basis points at 4.155% following the release of a strong jobs report in the US, which trimmed investors’ expectations of further easing by the Federal Reserve.

United States 10-Year Note Auction increased to 4.177% from previous 4.173%

The Japanese Yen (JPY) stays on the front foot against the US Dollar (USD) on Wednesday, extending its three-day winning streak as broad-based Yen demand keeps the pair under pressure.

Gold (XAU/USD) price holds firm above $5,000 on Wednesday after the latest US jobs report exceeded forecasts, triggering a re-pricing for a less dovish than expected Federal Reserve (Fed) throughout the first semester of 2026. At the time of writing, XAU/USD trades at $5,054, up 0.61%.

West Texas Intermediate (WTI) crude oil surged above $65.00 per barrel on Wednesday, gaining over 1% as escalating US-Iran tensions continued to inject a geopolitical risk premium into energy markets.

Silver (XAG/USD) trades higher on Wednesday, hovering around $83.90 at the time of writing, up 3.65% on the day. The white metal maintains a constructive tone after absorbing the initial pressure triggered by the release of a solid US employment report, which briefly supported the US Dollar (USD).

AUD/USD trades around 0.7110 on Wednesday at the time of writing, up 0.56% on the day, supported by a more favorable external backdrop and by the hawkish tone of the Reserve Bank of Australia (RBA).

The British Pound (GBP) remains on the back foot against the Japanese Yen (JPY) on Wednesday, with GBP/JPY sliding to its lowest level since December 19 amid broad-based strength in the Yen. At the time of writing, the cross is trading near 209.25, extending losses for a third straight day.

BNY’s Head of Markets Macro Strategy Bob Savage highlights that Latin American assets have seen strong, broad-based inflows across equities, bonds and FX, leaving positioning elevated versus other Emerging Markets.

The Dow Jones Industrial Average (DJIA) gave back early gains on Wednesday, shedding around 120 points to close down roughly 0.2% near 50,010 after briefly reclaiming the 50,000 handle in early trading.