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Asia market update: US Fri hot jobs flows through to Asia; Currency volatility amid equity losses in Asia. General trend - Late Friday night Asia time the hot US jobs numbers (post-Trump election win in November) saw UST yields again rocket higher 8bps to 4.77%, only 15bps short of their Oct 2023 hi

Markets Friday's hot US jobs data sent yields soaring, torching Wall Street's bulls and severely scrutinizing the S&P 500’s red-hot rally. As the new trading week unfolds, market watchers are on edge, praying for an inflation cooldown that might halt the relentless march higher of 10-year US Tre

EUR/GBP climbs to around 0.8375 in Friday’s early European session. Pound falls after UK borrowing costs hit their highest for 16 years. The Eurozone December inflation data has pushed back expectations that the ECB will deliver a jumbo rate cut. The EUR/GBP cross extends its upside to near 0.8375 d

Oil prices appear to have moved higher with the start of the New Year. Today we are to take a look at the recent executive order signed by Biden, the reduction of Saudi oil exports to China and finish of with the data of the US oil market. For a rounder view, we are to conclude the report with a tec

NZD/USD struggles to gain any meaningful traction as traders now await FOMC meeting Minutes. The Fed’s hawkish shift remains supportive of elevated US bond yields and favors the USD bulls. Geopolitical risks and trade war fears also contribute to capping the upside for risk-sensitive Kiwi. The NZD/U