Melville

Markets Ahead of next week's pivotal inflation report and a Federal Reserve meeting expected to maintain the status quo, US stocks pulled back on Friday, pausing the recent surge as investors evaluated a fresh round of earnings, debated upcoming Big Tech earnings, and considered President Trump's po

Review The S&P 500 closed lower after hitting new records on Friday, as investors took some profit to end a solid week centered on President Donald Trump’s return to the White House…. Despite Friday’s retreat, excitement toward Trump’s pro-business policies has largely pushed risk assets higher

Summary In a widely expected decision, the Bank of Japan (BoJ) took another step along its monetary policy normalization path at this week's meeting, raising its policy rate by 25 bps to 0.50%. In raising interest rates, the BoJ cited firming wage and price developments, while also observing that gl

Euro (EUR) is expected to consolidate in a 1.0255/1.0345 range. In the longer run, EUR has entered a range trading phase; it is likely to trade between 1.0220 and 1.0400 for the time being, UOB Group’s FX analysts Quek Ser Leang and Lee Sue Ann note. EUR has entered a range trading phase24-HOUR VIEW

The Dollar Index extended its fall to the support around 108.60 before rising back. While above 109.00-108.75, the view remains intact to see a rise towards 111. The Euro tested the resistance at 1.0350 before coming down. A fall to 1.0200-1.0150 can be seen while below 1.0400. EURINR continues to r