Gold rallies from $3,343 low after ISM and ADP reports confirm US economic slowdown. Trump signs executive order raising metal tariffs to 50%, escalating US-China…
The Swiss Franc rises for the third straight session, with USD/CHF down nearly 0.70% intraday. Switzerland’s Q1 GDP beat forecasts with 0.5% QoQ growth, while…
European natural Gas prices had a strong day yesterday, with the Title Transfer Facility (TTF) settling almost 5% higher, ING’s commodity analysts Warren Patterson and…
The US Dollar Index weakens, dropping to 99.40 amid a Taiwan Dollar surge and easing US-China trade concerns. The Australian Dollar strengthens, hitting a five-month…
The Japanese Yen attracts buyers for the second straight day amid reviving safe-haven demand. A modest USD downtick drags USD/JPY further away from a multi-week…
European stock market moves have mostly evaporated this morning, as the focus shifts to some key event risk later this week. Apple’s earnings report that…
Mexican Peso depreciates as USD/MXN rises to 19.60 as safe-haven demand lifts Greenback. Mexico dodges technical recession, but outlook remains fragile, warns Pantheon Macroeconomics. US…
LME Copper climbed to a two-week high yesterday after reopening from the long Easter weekend. Trump’s comments suggest room for de-escalation on the trade front…
Federal Reserve (Fed) Bank of New York President John Williams noted on Friday that he overwhelmingly anticipates a general weakening in US economic data as…
WTI price declines as ongoing US-China trade tensions continue to dampen the demand outlook. The US announced a steep increase in tariffs on Chinese imports,…