Topic: Daily Market Updates
-
Global markets extend losses, but USD/JPY up ahead of CPI
Aussie, kiwi at three-month lows. Singapore dollar steady with MAS likely to maintain policy stance. US PCE key for Fed – and markets.
-
Aussie, kiwi hit as US shares suffer worst day since 2022
US stock drop driven by tech stocks. Euro gains limited by growth concerns. Sterling supported despite recent slip.
-
US dollar stronger as poor earnings hits shares
USD, JPY outperform as US shares fall. PMI numbers to provide growth update. Ringgit outlook turns pessimistic as inflation rises.
-
Chinese yuan back at lows as PBoC cuts
PBoC cut hits APAC FX. USD can stage comeback despite housing market weakness. Taiwan dollar hits eight-year lows.
-
Greenback eases as Biden quits race
USD lower after Biden quits. China’s loan rate, BoC decision and US data in focus. Korean won eases despite strong export growth and tech demand.
-
US shares turn lower; greenback rebounds
US shares reverse. European FX turns from highs. Ringgit gains ground as Malaysian GDP growth accelerates.