News

In the wake of the sharp fall in oil prices, the time spreads, i.e. the price differentials along the forward curves, also narrowed significantly last week, Commerzbank's commodity analyst Carsten ...
China's crude oil imports rose to 12.1 million barrels per day in March, according to data from the customs authority, Commerzbank's commodity analyst Carsten Fritsch notes.
US Dollar (USD) could edge higher vs Chinese Yuan (CNH), but any advance is unlikely to break above 7.3350. In the longer run, sharp but short-lived price action has resulted in a mixed outlook; USD ...
In reality, the CPI print was not very good, hence cutting rates on that basis would amount to a disaster." "We have been warning that the HUF’s high-beta status makes things risky at this time – ...
The Swiss Franc (CHF) remains supported by safe-haven flows as investor uncertainty lingers amid unpredictable US trade and economic policies. Some market relief emerged after US President Donald ...
GBP/USD rose three-quarters of one percent on Monday, climbing for a fifth straight trading session as the Pound Sterling ...
Federal Reserve (Fed) Bank of Atlanta President Raphael Bostic noted during the early Tuesday market session that the Fed ...
In its monthly oil market report published on Thursday, the International Energy Agency (IEA) cut the 2025 world oil demand growth forecast to 730k barrels per day (b/d) from 1.03 million b/d.
The figures are relevant ahead of the Bank of Canada's monetary policy announcement on Wednesday. The central bank is widely anticipated to keep the benchmark interest rate at 2.75%. Officials trimmed ...
The GBP/JPY pair rises to near 189.00 in Tuesday’s European session. The pair moves higher as the Pound Sterling (GBP) strengthens after the release of the upbeat United Kingdom (UK) employment data ...
Eurozone’s industrial sector activity rose more than expected in February, the latest data published by Eurostat showed on Tuesday. Industrial output in the old continent rose 1.1% month-over-month ...
GBP/USD faces immediate resistance at 1.3250 (mid-point of the ascending channel). In case the pair confirms that level as support, 1.3300 (round level, static level) could be seen as next resistance ...