Ripple (XRP) is struggling to hold above $1.42 short-term support at the time of writing on Thursday, down roughly 5% from the monthly peak around $1.51. The remittance token’s recovery appears lock-step, as risk-off sentiment and softening … [Continue reading]
WTI Oil uncertain after Trump-Xi talks as IEA warns of persistent supply deficit
West Texas Intermediate (WTI) trades around $97.30 at the time of writing on Thursday, up 0.34%, in a trading day marked by elevated volatility. The US Crude Oil benchmark initially fell to as low as $95.50 following the market's first reaction to … [Continue reading]
UK Preliminary GDP grows by 0.6% QoQ in Q1 2026, as expected
The UK economy expanded at a quarterly rate of 0.6% in the three months to March 2026, following a 0.1% growth in the fourth quarter of 2025 (Q4).The data beat the market forecast of 0.6% in the reported period.The UK GDP rose 1.1% … [Continue reading]
UK GDP growth leap in Q1 may mask potential slowdown due to Iran war
The United Kingdom’s (UK) Office for National Statistics will release the preliminary estimate of the first quarter’s Gross Domestic Product (GDP) report on Thursday. Market analysts have anticipated a 0.6% growth in the three months to March, after … [Continue reading]
Singapore Dollar: Consolidation with preference to sell rallies – OCBC
OCBC’s Christopher Wong notes USD/SGD has risen with broader USD/AXJ but the move has been milder, reflecting Singapore Dollar's (SGD) lower beta. Wong observes fading bearish momentum and moderated RSI, suggesting two-way trade. Wong highlights … [Continue reading]
Copper hits record highs: Why it matters for Australia’s economy
Copper price surged to record highs, nearing $14,200 per ton in May, as AI-driven demand collided with mounting supply fears linked to the Middle East war. The rally could have major implications for Australia, one of the world’s largest mining … [Continue reading]
United States Producer Price Index (YoY) came in at 6%, above expectations (4.9%) in April
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]
WTI Price Forecast: Struggles to reclaim $100, outlook remains firm
West Texas Intermediate (WTI), futures on NYMEX, corrects to near $97.20 during the European trading session on Wednesday. The Oil price gives back some of its recent gains as escalating hawkish Federal Reserve (Fed) bets have raised concerns over … [Continue reading]
US Dollar Index remains flat after Trump’s recent Iran threats
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is remaining steady after two days of gains and trading around 98.30 during the Asian hours on Wednesday.The Greenback gains ground on the … [Continue reading]
South Korea Unemployment Rate climbed from previous 2.7% to 2.8% in April
Gold remains under pressure, breaching below the $4,700 mark per troy ounce to hit multi-day lows amid the positive tone in the US Dollar and steady uncertainty stemming from the Middle East crisis. The yellow metal’s pullback also comes in response … [Continue reading]