Powell exits after one of the wildest Fed eras in history
Powell exits amid another bond market surge Jerome Powell is leaving the Fed chairmanship at a time when the bond market is once again under pressure. The 10-year Treasury yield…
Read More »Singapore: NODX gains extend on AI cycle – DBS
DBS economists Taimur Baig and Radhika Rao anticipate Singapore’s April 2026 non-oil domestic exports to rise 11.5% year-on-year, marking an eighth consecutive month of expansion after 15.3% in March.
Read More »US major indices close lower. Declines today erase the week’s gains.
The major US stock indices are closing lower with the Nasdaq and the Russell 2000 leading the declines.Sharply higher yields and higher oil were the catalysts for the declines. Looking…
Read More »investingLive Americas FX news wrap 15 May: Powell exits as inflation fears roar
US major indices close lower. Declines today erase the week’s gains. Powell exits after one of the wildest Fed eras in history Gold tumbles lower today on the back of…
Read More »Taiwan: Tech exports sustain strong growth – ING
ING analysts see Taiwan’s external demand remaining a key growth driver, led by technology exports. They expect export orders to stay very strong, even as the year-on-year rate moderates.
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SELL NOW? This Chart is Sending a WARNING…
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Read More »Asian FX: Dollar strength caps RMB-led optimism – OCBC
OCBC’s strategist Christopher Wong says Asian FX remains constrained by a firm Dollar and higher US yields, despite some optimism around US–China talks. The Renminbi (RMB) is the main outperformer…
Read More »WTI Oil extends rally as Trump signals Chinese buying, Hormuz supply risks persist
West Texas Intermediate (WTI) US Oil extends its rally on Friday, with the US benchmark trading around $100.90 at the time of writing, up 3.13% on the day, and breaking…
Read More »EURUSD sellers are leaning aganst corrective resistance targets keeping sellers in control
The EURUSD is trading sharply lower after breaking below a major technical support cluster defined by the 200-day moving average and the 38.2% retracement of the rally from the February…
Read More »UAE set to accelerate new oil pipeline project to help bypass Strait of Hormuz
The pipeline is already under construction but the latest decision by the UAE is to accelerate said project in order to become operational in 2027. The Crown Prince of Abu…
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