Thursday, 29 October 2026
Global markets, trading & world business — for professional traders
The GBP/JPY rotates for the third straight day, as a ‘bullish harami’ chart pattern opens the door for further upside, but intervention fears by Japanese authorities cap the cross-pair advance. The GBP/JPY trades at 218…
The memory semiconductor sector is experiencing explosive growth, with industry revenue surging 78% in 2024 to $170 billion, positioning these stocks for exceptional returns before the anticipated 2026 market boom.
United Overseas Bank’s Quek Ser Leang and Lee Sue Ann expect USD/SGD to remain directionless in the near term, with intraday trading confined to a tight 1.2900–1.2925 band. Over the coming weeks, the pair is seen oscill…
MUFG’s Lloyd Chan reports that Bank Indonesia kept its policy rate at 5.75%, surprising expectations for a hike, as recent Rupiah stabilization allowed policymakers to stay on hold. Governor Perry Warjiyo favors targete…
BNY’s Geoff Yu argues that Oil near $95 is a shock for Asian energy importers but not a trigger for a broad balance-of-payments crisis. He highlights stronger current-account buffers in ASEAN and India, prior fiscal con…
PAWTUCKET – Blackstone Valley Community Health Center’s clinic at 42 Park Place has reopened, expanding access to primary care at a time when Rhode Island is grappling with a shortage of providers.
Commerzbank’s Charlie Lay reports Bank Indonesia kept the BI Rate at 5.75%, choosing targeted capital-flow incentives over further tightening to support the Indonesian Rupiah. BI cut hedging costs and improved macroprud…
EUR/USD trades on the back foot on Thursday as the expanding war in the Middle East pushes Oil prices higher and fuels hawkish Federal Reserve (Fed) expectations, boosting demand for the US Dollar (USD). Meanwhile, the …
USD/CHF climbs to its highest level since June 2025 on Thursday, supported by a broadly stronger US Dollar (USD) as the expanding war in the Middle East pushes Oil prices higher and strengthens Federal Reserve (Fed) rat…
Silver price dives over 3.80% on Thursday as the precious metals segment tumbles amid overall US Dollar strength and heightened risk aversion amid heightened tensions in the Middle East. The XAG/USD trades at $57.62 aft…
Gold price (XAU/USD) loses nearly 2% on Thursday as the US Dollar stages a comeback amid growing speculation that the White House may continue its campaign against Iran, which seems poised to prolong the Gulf war. The X…
The Dow Jones Industrial Average trades around 600 points lower on Thursday, down 1.1% near 51,600 in a session whose high sits within a handful of points of the opening print. The decline unwinds this week's two-day re…
Scotiabank strategists Shaun Osborne and Eric Theoret note the Canadian Dollar (CAD) is tracking the broader US Dollar (USD) trend, with USD/CAD easing overnight then rebounding to trade nearly flat. Trade comments from…
AUD/USD edges lower on Thursday as a stronger US Dollar (USD) outweighs support from stronger-than-expected Australian employment data. At the time of writing, the pair trades around 0.6966, down 0.45% on the day.
West Texas Intermediate (WTI) crude Oil rallies more than 5% on Thursday as hostilities between the US and Iran deepen supply risks. At the time of writing, WTI trades around $90.50 per barrel, its highest level since J…
USD/JPY trades above163.90 on Thursday as the US Dollar (USD) strengthens following significantly better-than-expected United States (US) labor market data.
C-SPAN.org offers links to books featured on the C-SPAN networks to make it simpler for viewers to purchase them. C-SPAN has agreements with retailers that share a small percentage of your purchase price with our networ…
Commerzbank strategist Michael Pfister argues that Banxico’s recent rate cuts were broadly justified by moderating inflation and Mexico’s weakening economy, leaving little reason for the central bank to tighten policy d…
Nordea strategists Jan von Gerich, Tuuli Koivu and Anders Svendsen note that the European Central Bank (ECB) kept its deposit rate at 2.25% but signalled further tightening. They still forecast three additional 25bp hik…
US President Donald Trump said he is close to deciding whether to launch a new military operation against Iran, according to Israel’s N12. Trump said he is “considering a massive attack greater than anything before,” ad…
The Euro (EUR) trades under pressure against the British Pound (GBP) as traders assess the European Central Bank’s (ECB) latest monetary policy announcement.
Christine Lagarde, President of the European Central Bank (ECB), explains the ECB's decision to leave key rates unchanged at the July policy meeting and responds to questions from the press.
Gold (XAU/USD) loses ground on Thursday, snapping a four-day winning streak as the US Dollar (USD) rebounds, while the widening war in the Middle East drives Oil prices higher. At the time of writing, XAU/USD trades aro…
The Pound Sterling drops by over 0.40% against the Greenback as risk aversion weighs on most G8 currencies amid the escalation of the Middle East conflict and growing speculation of an extended US campaign against Iran.…