qdhequn

Benchmark crude prices have kicked off the year with an unexpected boost, fueled by speculation that President-elect Donald Trump will intensify oil sanctions on Iran. This comes alongside President Biden’s increased sanctions on Russian tankers, contributing to higher oil prices at the start of the

The December US jobs report is released today and consensus is for a 138k payroll print and unchanged 4.2% unemployment rate. Our economics team also expects 4.2%, but is flagging room for a surprise on the strong side. Our house projection is 160k, ING’s FX analyst Francesco Pesole notes. CPI repor

The US Dollar ticks up on inflation woes, with the Greenback consolidating at current levels. Inflation concerns take over and trigger a mini-crisis in UK Gilts. The US Dollar Index (DXY) resides and orbits around 109.00. The US Dollar Index (DXY), which tracks the Greenback’s value against six majo

The official data published by the Federal Statistics Office showed Wednesday that Germany's Factory Orders unexpectedly slumped in November, suggesting that the country’s manufacturing sector resumed its downturn. Over the month, contracts for goods ‘Made in Germany’ plunged by 5.4% in November aft

Activity in the U.S. services industry accelerated in December but brought with it a sharp rise in expectations for price increases as businesses grew concerned about the impact tariffs would have on inflation. The Institute for Supply Management's services index Tuesday posted a reading of 54.1%, r

Markets The dollar was talk of the town during the holiday period. We expect the greenback to remain in the center of attention in the run-up to president-elect Trump’s inauguration January 20. The US currency appreciated since the hawkish Fed policy meeting, resulting in a mere 40 bps of cuts expec

Here is what you need to know on Tuesday, December 24: Major currency pairs fluctuate in tight ranges early Tuesday as trading conditions thin out. Stock and bond markets in the US will close early on Christmas Eve and will remain closed on Christmas Day on Wednesday. The economic calendar will not

General trend - Japan Fin Min Kato: Reiterates concerned about recent FX moves. - BOJ Gov Ueda expected to speak on Dec 25th [Wed]. - We did not see much news in the BOJ and RBA minutes. - Terrible South Korea Consumer Confidence data seen [South Korea Dec Consumer Confidence: 88.4 v 100.7 prior (la