Monthly Archives: October 2026
China’s central bank defends yuan policy as EU trade talks intensify and appreciation bets build
Written on October 12, 2026 at 3:42 am, by josephine
China defends yuan policy in EU talks, signals limited concessions; traders eye stronger CNY and EUR/CNY downside.
US inflation set to pick up as Fed seen on hold; UK growth firms, Asia prices rise
Written on October 12, 2026 at 3:41 am, by josephine
US CPI seen up 0.6% on energy; core steady; Fed likely pauses; housing weak, UK GDP stronger.
US Oil Rig Count Rises to 462, Signalling Modest Expansion in Drilling Activity
Written on October 12, 2026 at 3:40 am, by josephine
Baker Hughes reports US oil rigs up six to 462, signaling modest drilling expansion and potential pressure.
Asian currencies diverge as Treasury rally dents dollar, AI-driven exports underpin Taiwan and Korea
Written on October 12, 2026 at 3:39 am, by josephine
Asian FX diverges as Treasuries rally, USD softens; AI exports strong, while EU-China talks drive risks.
DBS Sees MAS Steepening SGD NEER Slope in October as AI-Driven Growth Supports Dollar
Written on October 12, 2026 at 3:38 am, by josephine
DBS expects MAS to steepen SGD NEER slope in October, supporting stronger SGD amid resilient growth.
Sterling Holds Firm as US Consumer Sentiment Slips, Middle East Tensions Support Oil Prices
Written on October 12, 2026 at 3:37 am, by josephine
Sterling held near 1.3231 despite modest dollar gains, buoyed by weakening US sentiment and geopolitical tensions.
Canada job losses push USD/CAD to 2025 high as BoC hike bets fade
Written on October 12, 2026 at 3:36 am, by josephine
Canada jobs shock lifts USD/CAD above 1.4250; BoC hike odds fade as policy divergence supports further gains.
Sterling Holds Near 1.3230 as US Sentiment Slips and Fed Rate Bets Firm Up
Written on October 12, 2026 at 2:45 am, by josephine
Sterling steadied near 1.3230 as US sentiment slipped, inflation expectations rose, and markets weighed Fed outlook.
French budget talks open in Parliament as protests mount, raising Article 49.3 and market volatility fears
Written on October 12, 2026 at 2:44 am, by josephine
French budget talks spark protests and market volatility; 49.3 looms, deficit target questioned, spreads widen.
Canada Jobs Fall Again as Public-Sector Losses Stir Short-Term CAD Pressure, Longer-Term Support Seen
Written on October 12, 2026 at 2:43 am, by josephine
Canada lost 68,000 jobs in September, pressuring CAD short-term, but resilient hiring signals support recovery through 2026.
