EUR/USD at 1.084 days before the US is expected to announce harsh tariffs on the EU is a testament to the FX market’s hyper forward-looking…
In gas, natural gas prices in Europe extended declines for a second straight session in the early trading session today, after falling around 4.7% week-on-week…
Gold rose above $3,100/oz for the first time to hit a fresh record high at the start of a new week, ahead of President Donald…
The US is due to announce a new historic round of tariffs on trading partners on Wednesday, which President Trump has now famously dubbed ‘liberation…
Copper continues retreating from a nine-month high amid broader risk-off sentiment, ING’s commodity analysts Warren Patterson and Ewa Manthey note. Tariffs are bearish for Copper…
The Reserve Bank of Australia announces rates at 0430 BST tomorrow and we expect a hold, in line with consensus and market pricing (less than…
Oil prices opened lower this morning with ICE Brent extending its declines from last week, hovering around $73.5/bbl. This weakness comes after Trump said he…
Meanwhile, Copper has continued to retreat from its nine-month high as expectations for the ex-US tightness are retreating following reports earlier this week that US…
US natural gas prices traded under pressure as the US witnessed its second straight week of inventory injection while weather forecasts remained mixed, ING’s commodity…
The value of currencies in FX markets is typically driven by interest rate differentials, with FX effectively being seen as an extension of monetary policy.…