Trump said he would increase tariffs on Steel and Aluminium to 50% from 25%, effective 4 June. He made the announcement as he visited a…
Yesterday’s dollar rally didn’t last long. It quickly became clear that the Trump administration would pursue other trade laws to enact its tariffs, and later,…
The Reserve Bank of New Zealand cut rates by 25bp to 3.25% as widely expected this morning, although the overall message was more hawkish than…
The rally in European natural gas took a breather yesterday, with the Title Transfer Facility (TTF) settling 0.66% lower on the day, ING’s commodity experts Ewa…
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…