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About: davin

Recent Posts by davin

Scotiabank says USD/JPY edges higher; MoF caution restrains rises as yen underperforms, beating most G10s except CAD

USD/JPY edged higher as yen slipped 0.3%, despite safe-haven demand and Japan finance ministry warnings. Resistance mid-159s.

Against major peers, the pound weakens, slipping 0.3% to about 1.3360 versus the dollar in Europe

Sterling slid as Middle East war spurred risk-off trading; Nomura sees BoE March cut decision finely balanced.

US RealClearMarkets/TIPP monthly economic optimism registered 47.5, undershooting forecasts of 50.1 in March

RealClearMarkets/TIPP Economic Optimism Index fell to 47.5 in March, missing forecasts and remaining below 50.0.

Deutsche Bank’s Sanjay Raja says the Spring Statement was quiet, adding few measures and £6bn borrowing by 2030/31

Spring Statement offered few new measures; borrowing up GBP 6bn by 2030/31, but headroom risks persist.

After Iranian drones damaged three Middle Eastern data centres, Amazon shares opened 2% lower, affecting UAE, Bahrain

Amazon shares fell as Iranian drone strikes damaged Middle East data centres, degrading AWS services amid war.

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