Thursday, 29 October 2026
Global markets, trading & world business — for professional traders
The USD/CAD pair seesaws between tepid gains/minor losses through the early European session on Friday, consolidating its recent losses to the lowest level since June 17, touched the previous day. However, a combination…
GBP/USD loses ground after three days of gains, trading around 1.3450 during the Asian hours on Friday. The pair depreciates as the US Dollar (USD) gains support from a hawkish pause by the Federal Reserve (Fed) and an …
The AUD/USD pair gathers strength to near 0.7035, the highest since June 17, during the early European session on Friday. Expectations that the Reserve Bank of Australia (RBA) might implement another interest rate hike …
Advances in Asia came after an index of chip stocks on Wall Street posted its biggest advance in more than a year. Tech remained in focus with Apple Inc. dropping over 6% in extended trading as supply shortages hurt its…
The headline Tokyo Consumer Price Index (CPI) for July rose 2.0% YoY as compared to 1.7% in the previous month, the Statistics Bureau of Japan showed on Friday.
If anyone thought artificial intelligence was running into a slow patch, let alone running into any fundamental technical or financial hurdles, this week quieted the doubters — at least for now.
The USD/JPY pair is seen building on the previous day's late recovery from sub-158.00 levels, or the lowest since May 14, and gaining positive traction during the Asian session on Friday. Spot prices climb back above th…
July 28, 2026, 3:51 AM EDT. TaskUs (TASK) advanced 5.1% to $5.80 on heavy trading, extending its four-week rally to 16.7%. The company reported a 36% year-over-year jump in AI Services during Q1 2026, fueled by strong d…
Corteva, Inc. (CTVA) is a global agricultural science company producing proprietary seed technologies and crop protection products across more than 140 countries, generating $17 billion in full-year 2025 revenue.
Investors are turning their attention to the Bank of Japan’s (BoJ) monetary policy announcement on Friday, after the Japanese Yen (JPY) staged a dramatic rebound during Thursday's American session. The move came amid gr…
USD/JPY trades just above 159.50, down 2.31% and more than five Yen below a high set just short of 164.00. The move arrived in minutes rather than hours, went through the 50-day Exponential Moving Average (EMA) near 161…
Saudi Arabia and 13 other countries announced the creation of an international coalition to safeguard freedom of navigation through the Bab al-Mandeb Strait, the Red Sea and the Gulf of Aden, Reuters reported on Thursda…
Apple forecast sales for the current quarter ending in September would grow more slowly than Wall Street targeted as the iPhone maker struggled to get the parts it needed to deliver products, and shares fell 5.5% in aft…
TD Securities’ Senior Asia Economist Alex Loo assesses the July Politburo meeting, noting no major new stimulus despite acknowledged growth challenges. The focus is on fiscal execution, accelerating spending and bond us…
Gold price advances some 0.92% on Thursday after the US Dollar drops following a suspected intervention in the foreign exchange markets, with the Japanese Yen hitting a near two-month high versus the Greenback. The XAU/…
West Texas Intermediate (WTI) oil price remains in the negative territory for the second successive day, trading around $82.60 per barrel during the Asian hours on Friday. Crude oil prices have lost ground following ren…
Atsushi Mimura, Japan’s Vice Finance Minister for International Affairs and top foreign exchange official, said on Friday that he is in close contact with relevant authorities on foreign exchange, adding that the offici…
Crude Oil is lower on Thursday even as the war that sets its price reached a country it had spared for five months. WTI trades just above the $82.00 handle, down more than 1.5%, and Brent holds just above $86.50 with a …
Iranian Parliament Speaker Mohammad Bagher Ghalibaf said that the United States (US) will pay the price for killing Iranian civilians, Aljazeera reported on Thursday.
MUFG’s Lloyd Chan highlights that Malaysia’s solid growth, low inflation and prudent policy are supporting the Ringgit, but rising domestic political risks could drive USD/MYR in coming months. Despite strong external d…
Commerzbank Research notes that USD/KRW has fallen to its lowest level since February as South Korean authorities tighten rules on leveraged ETFs to curb Kospi volatility. Expectations of further Bank of Korea (BoK) tig…
The Pound Sterling registers gains versus the US Dollar after the Bank of England decided to hold rates unchanged, in a 6-3 vote, while suspected intervention to propel the Japanese Yen weakened the Greenback against mo…
The US Dollar (USD) falls sharply during the American session on Thursday after United States economic growth missed expectations and underlying inflation moderated. Additional pressure comes from a sudden surge in the …
Silver price advances for the second straight day and hits a three-day high above $59.00mid growing speculation of intervention in the foreign exchange markets, to boost the Yen, and weaken the Greenback. At tht time of…