GBP/USD sets aside five consecutive daily pullbacks and gets ready to challenge the key 1.3400 barrier on Monday. That said, Cable manages to gather steam on the back of the U-turn in the Greenback, which is now supporting the rebound in the … [Continue reading]
British Pound: Downside risk versus US Dollar below 200-DMA – Societe Generale
Societe Generale economists argue that the British Pound (GBP) and Gilts face a pivotal period as the Bank of England (BoE) reacts to persistent inflation and wage pressures, which have slowed the pace of rate cuts and hurt long-end Gilts. They … [Continue reading]
Euro declines as risk aversion, Fed rate hike odds increase
EUR/USD remains subdued for the sixth successive day, trading around 1.1620 during the Asian hours on Monday. The pair loses ground as the US Dollar (USD) rises on the US Federal Reserve (Fed) shifting toward a more aggressive policy stance on … [Continue reading]
Gold declines below $4,550 on rising Fed hike expectations
Gold price (XAU/USD) declines to around $4,535 during the early Asian trading hours on Monday. The precious metal remains on the defensive as heightened inflation concerns, due to the conflict in the Middle East, reinforce bets for higher … [Continue reading]
Strategy could begin selling Bitcoin to support $1.5 billion debt buyback
Strategy (MSTR) could begin selling Bitcoin (BTC) to cover its debt repurchase program, the firm stated in a filing to the Securities and Exchange Commission (SEC) on Friday.Strategy reveals plan to repurchase $1.5 billion senior convertible notes … [Continue reading]
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. Robust higher-tech product prices are supporting headline … [Continue reading]
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. The performance is expected to be driven by … [Continue reading]
HYPE rallies as Bitwise unveils Hyperliquid ETF amid oversight push
Bitwise launched its spot Hyperliquid ETF, BHYP, on Friday, becoming one of the first firms to provide regulated US exposure to HYPE.The exchange-traded fund (ETF) will offer investors direct spot exposure to HYPE while incorporating staking … [Continue reading]
Ethereum Price Forecast: ETH risks a long squeeze as rising Treasury yields weigh on risk assets
Ethereum price today: $2,220Ethereum briefly fell below $2,110 on Friday, marking its lowest level in over a month amid a surge in US Treasury yields.ETH's open interest climbed to a record high while funding rates continued a week-long positive … [Continue reading]
Japan: Energy shock lifts inflation more than GDP – ING
ING’s Min Joo Kang expects Japan’s economy to maintain similar growth to the previous quarter, with first-quarter Gross Domestic Product (GDP) seen rising 0.3% quarter-on-quarter. The war-related energy shock is judged to have limited impact on trade … [Continue reading]