Stronger Canada CPI Narrows Odds of Back-to-Back BoC Easing
Canadian Dollar climbed across the board as markets enter into U.S. session, leading major currencies higher after domestic inflation data came in hotter than expected. Combined with this month’s firm employment figures, the data have made the case for a rate cut at the October 29 meeting a close...
Asian Stocks Hit Records as Takaichi Win and Trade Deals Boost Confidence
Risk appetite swept across Asian markets today, lifting equities to fresh records as political clarity in Japan and trade optimism across the region buoyed investor confidence. Nikkei 225 surged to another all-time high after the Liberal Democratic Party’s Sanae Takaichi won 237 of 465 votes in the lower house,...
Markets Edge Higher as Shutdown Deal Hopes Lift Sentiment
Global markets traded with a mildly positive tone as investors entered the U.S. session on Monday, buoyed by some optimism that the prolonged government shutdown could end within days. U.S. top White House economic adviser Kevin Hassett said on CNBC that a resolution was “likely to end sometime this...
Nikkei Hits Record as Takaichi Secures Coalition to Become Japan’s First Female PM
Asian equities advanced today, led by the sharp rally in Japan where Nikkei hit record highs after political uncertainty finally cleared. The ruling Liberal Democratic Party struck a coalition agreement with the Japan Innovation Party, ensuring LDP leader Sanae Takaichi will become Japan’s first female prime minister. Investors cheered...
Swiss Franc Rally Signals Deepening Market Unease
Global markets ended the week with an uneasy calm, masking what appears to be growing stress beneath the surface. Wall Street showed resilience — the major indexes finished higher after mid-week volatility sparked by renewed concerns over regional bank stability. Yet in Europe, sentiment was more fragile, as bank-led...
Wall Street Finds Footing After Bank Rout, but Conviction Still Lacking
As markets enter into U.S. session, sentiment showed signs of stabilization, as investors cautiously stepped back into equities after a sharp selloff in regional banks yesterday. Concerns over credit quality and loan losses had triggered a steep decline in financial stocks, but bargain-hunting helped bank shares rebound, lifting broader...
Safe Havens Surge as Market Nerves Deepen Ahead of Weekend
Safe-haven demand is dominating global markets as traders head into the final trading day of the week. Gold has surged past 4,300 mark to a new record high, putting it on track for its best weekly performance in five years, while the Swiss Franc is rallying sharply across the...
Sterling Supported by Symbolic GDP Growth, Franc Under Pressure
Sterling traded slightly firmer as one of the day’s top performers. The modest 0.1% mom GDP growth in August confirmed that the UK economy continues to grind forward. While small, the uptick carries symbolic weight, reinforcing the notion that Britain’s slowdown is stabilizing heading into the final quarter of...
Aussie Sinks on Jobs Miss as Traders Revive RBA November Cut Bets
Australian Dollar fell sharply after a soft labor market report reignited expectations that the RBA may resume rate cuts soon. September’s data showed unemployment rising to 4.5%, its highest since 2021. The figures surprised policymakers and traders alike, as the Bank’s latest projections did not even envision unemployment climbing...
Markets Calm as U.S.–China Trade Tensions Simmer, France’s Political Reprieve Lifts Sentiment
Global markets traded with a steady and cautious tone today, as investors balanced persistent U.S.–China trade tensions with signs of easing political risk in Europe.
Despite the looming November 1 deadline for Washington’s threatened 100% tariffs on Chinese imports, traders appeared hopeful for de-escalation, judging that both sides have incentives...
Volatility Persists as U.S.–China Relations Teeter Between Calm and Conflict
Global markets are caught in a cycle of indecision, with volatility staying elevated and sentiment shifting almost daily. The strained U.S.–China relationship continues to drive market mood, alternating between brief moments of optimism and renewed hostility. Any headline—positive or negative—can swing risk appetite sharply, leaving most major currencies stuck...
Risk-Off Mood Deepens as U.S.–China Trade War Expands to Shipping
Global markets turned sharply defensive today as renewed U.S.–China trade tensions reignited fears of broader economic disruption. Equities fell across Asia and Europe, while safe-haven demand lifted Yen and Dollar. The latest flashpoint emerged at sea, where both countries introduced new port charges on ocean shipping firms, adding a...
Nikkei Slumps as Investors Question Full Return of Abenomics Under Takaichi, Commodity Currencies Sink
Sentiment soured sharply in Asian markets, led by a steep selloff in Japan where the Nikkei reversed early gains to fall more than 3%. The downturn reflected a mix of political uncertainty in Tokyo and renewed caution over U.S.–China trade tensions. After months of strong gains, Japanese equities appear...
Calm Returns as Markets Bet on U.S.–China De-escalation
Global markets were notably calmer today as investors looked past last week’s turbulence and welcomed signs of a tentative thaw in U.S.–China trade relations. Asian stocks, which opened sharply lower, managed to recover most of their earlier losses by the close, while both European indexes and U.S. futures traded...
U.S.–China War of Words Jolts Asia, Yet U.S. Futures Signal Contained Fallout
Asian equities started the week sharply lower after renewed flare-up in U.S.–China trade tensions, though signs from U.S. futures suggested that sentiment hadn’t worsened materially beyond last Friday’s selloff. Hong Kong’s Hang Seng Index slumped nearly -3.5% by midday, leading regional loss. The declines came after Beijing recently tightened...
Trade War Shock Roils Markets in a Politically Charged Week
It was a week dominated by politics — both domestic and international — as shifting power dynamics and fresh policy risks rippled through global markets. In Japan, optimism surged after Sanae Takaichi’s victory in the ruling LDP leadership race, clearing the way for her to become the country’s first...
Loonie Rises on Strong Jobs Data, BoC Pressure Eases
Canadian Dollar strengthened notably in the early U.S. session after robust September employment data signaled that Canada’s economy was more resilient than anticipated in face of U.S. tariffs.. The upbeat data provided a welcome boost to the Loonie, which had already been one of the week’s top performers, and...
Yen Recovers as Tokyo Steps In, Worst of Selling May Be Past… for Now
Yen recovered modestly in Asian session as Tokyo officials reissued verbal warnings against excessive moves in the currency market. After the week's accelerated selling following Sanae Takaichi’s election as LDP leader, the latest remarks from Finance Minister Katsunobu Kato suggest Japan may be nearing an intervention threshold, at least...
Euro Under Fire Again as France’s Macron Hunts for Sixth Prime Minister in Two Years
Euro came under renewed selling pressure today, particularly in crosses, as investors reacted nervously to deepening political uncertainty in France. President Emmanuel Macron’s search for a new prime minister dominated headlines. His office confirmed that he would appoint a replacement “within 48 hours,” after outgoing Prime Minister Sebastien Lecornu...
Aussie Rises on Regional Tech Rally; Dollar Soft After Cautious Fed Minutes
Australian Dollar advanced in Asian session today, lifted by broad gains across regional equities and improving investor confidence. Japan led the advance, with a technology-driven rally pushing the Nikkei higher. Shares of SoftBank surged over 10% after the company announced plans to acquire the robotics division of Swiss engineering...