The Reserve Bank of New Zealand is widely expected to cut rates by another 25bp to 3.25% tonight (announcement at 04:00am CET). The Bank will…
The Oil market is trading firmer this morning after President Trump said he would delay the deadline for tariffs on EU goods until 9 July.…
The chances of a Bank of Japan hike in July are very much underpriced, ING’s FX analyst Chris Turner notes. USD/JPY may meet good selling…
US natural gas prices declined sharply as storage data surprised to the upside, reinforcing concerns about near-term oversupply and weighing on NYMEX Henry Hub futures,…
Earlier this week, we speculated over the low probability, high impact event of a change in FX language in this week’s closing statement from the G7…
The oil market is under renewed pressure as noise builds around what OPEC+ will do with their July output levels, ING’s commodity experts Ewa Manthey…
April’s rise in UK services inflation was mostly down to a temporary spike in air fares and package holidays caused by the timing of Easter—an…
Yesterday, we suggested that the G7 finance ministers’ meeting in Canada could produce USD-supportive headlines, particularly if there were signs of easing trade tensions. So…
Periods of data silence often serve as a useful gauge of the market’s underlying bias in FX. So far this week, the tendency to add…
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…