Friday, 4 September 2026
Global markets, trading & world business — for professional traders
Scotiabank strategists Shaun Osborne and Eric Theoret note the US Dollar (USD) is extending losses to its weakest level since mid-June as markets react to the US Treasury’s decision to double bond buybacks.
Federal Reserve Bank of St. Louis President Alberto Musalem is crossing the wires with remarks on the economy and the monetary policy outlook, speaking in an interview with CNBC on Thursday.
EUR/CAD halts its three-day winning streak, trading around 1.6110 during the European hours on Thursday. The currency cross faces downward pressure as the commodity-linked Canadian Dollar (CAD) gains support from rising…
Commerzbank’s Dr. Henry Hao and Moses Lim note India’s economy remains supported by strong domestic demand and exports, with growth projected at 6.7% in fiscal 2026-2027 versus 8% previously. Inflation is forecast at 5%…
The Indian Rupee (INR) snaps three-day losing streak against the US Dollar (USD) on Thursday. The USD/INR pair corrects to near 95.62 as a sharp decline in long-dated United States (US) bond yields, following the announ…
Dow Jones futures inch lose 0.11% to trade around 53,470 during European hours on Thursday. Meanwhile, S&P 500 futures remain inching lower by 0.06%, trading near 7,720, and Nasdaq 100 futures remain steady around 29,52…
ING’s commodities team, led by Ewa Manthey and Warren Patterson, reports Copper market tightness has eased slightly as LME inventories rose by more than 55kt over two sessions, narrowing the cash-to-three-month backward…
AUD/USD depreciates after registering over 0.5% gains in the previous day, trading around 0.7120 during the Asian hours on Thursday. The AUD/USD pair faces downward pressure as the Australian Dollar (AUD) slips in respo…
The AUD/JPY cross attracts some sellers following the release of a dismal Australian jobs report, though it lacks follow-through and holds above the weekly low touched the previous day. Spot prices currently trade with …
The People’s Bank of China (PBOC), China's central bank, announced to leave its Loan Prime Rates (LPRs) unchanged on Thursday. The one-year and five-year LPRs were at 3.00% and 3.50%, respectively.
West Texas Intermediate (WTI) oil price appreciates after registering modest losses in the previous day, trading around $85.50 per barrel during the Asian hours on Thursday. Crude oil prices have surged amid escalating …
The EUR/USD pair posts modest losses around 1.1675 during the early Asian session on Thursday. The Euro (EUR) edges lower against the US Dollar (USD) after experiencing a sharp surge in the previous session. However, th…
AUD/USD holds firm near a two-and-a-half-month high on Wednesday, supported by broad US Dollar (USD) weakness, while technical indicators point to further upside. At the time of writing, the pair trades around 0.7118, u…
NZD/USD rises sharply on Wednesday and trades around 0.5930 at the time of writing, up 0.96% on the day. The New Zealand Dollar (NZD) benefits primarily from broad weakness in the US Dollar (USD), as the sharp decline i…
The USD/CHF pair tumbles nearly 2% on Wednesday as a US Treasury buyback announcement sends the Greenback into a tailspin, while US Treasury yields also dive. The pair trades at 0.7979 after reaching a high of 0.8128.
The Mexican Peso (MXN) rallies to a two-year high of 16.94 on Wednesday as the US Dollar (USD) weakens amid falling US yields, which retreated after the US Treasury doubled the size of its long-duration bond buyback. Th…
Silver (XAG/USD) trades sharply higher on Wednesday, changing hands near $65.80. The metal is riding a broad rally across precious metals with Gold (XAU/USD) soaring toward $4,500.
West Texas Intermediate (WTI) Oil holds firm on Wednesday, hovering near its highest level in more than three weeks as traders balance Middle East supply risks against rising US crude inventories. At the time of writing…
The Federal Open Market Committee (FOMC) published the Minutes of the July meeting on Wednesday. "The information available at the time of the meeting indicated that inflation remained elevated. Labor market conditions …
Gold (XAU/USD) rallies during Wednesday’s session after the US Federal Reserve (Fed) released the minutes of its July meeting, in which the US central bank held rates unchanged but not unanimously, with three members di…
USD/JPY edges lower on Wednesday as the US Dollar (USD) loses momentum and retreats toward the June lows touched earlier this week. At the time of writing, the pair trades around 159.10, down 0.32% on the day.
National Bank of Canada’s (NBC) Angelo Katsoras argues that Canada’s push to diversify exports away from the United States (US) toward the European Union (EU) faces growing obstacles as EU industrial policy turns more p…
Commerzbank’s Antje Praefcke says markets will scrutinize the latest Fed minutes for clues on how close policymakers remain to another rate hike after weaker US labour and inflation data reduced expectations for a hike …
Gold (XAU/USD) trades moderately higher on Wednesday and returns to the $4,370 area, after finding buyers near the $4,300 area on Tuesday. A broad-based US Dollar weakness amid lower US yields ahead of the release of Ju…