Cotton

GBP/JPY trades with positive bias for the third straight day and remains close to the YTD peak.Domestic political uncertainty and a positive risk tone undermine the JPY and support the pair.Bulls need to wait for acceptance above 200 as the focus remains on the UK macro data dump. The GBP/JPY cross

From clothing to auto parts to electronics and more, tariffs are making everyday items cost more at a time when the labor market is looking increasingly fragile. A key Bureau of Labor Statistics inflation report released Thursday showed price increases for a variety of tariff-sensitive items. Appare

September has already thrown up some big surprises for financial markets. The Non-Farm payrolls report at the end of last week saw a 22k increase in payrolls for last month, well below expectations. This ignited fears about the outlook for the US economy. It triggered a rally in government bonds, pa

WTI price recovers some lost ground to near $62.15 in Monday’s Asian session. OPEC+ agreed to lift output from October by 137,000 bpd. Trump said he is not happy with the Russia-Ukraine situation. West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $62.15 during the early As

September didn’t start on a positive note for global markets. Market sentiment was less than cheery as the US returned from its long weekend, and the selloff in long-maturity bonds in developed markets accelerated. The US 30-year yield flirted with the 5% psychological mark, Japan’s 30-year yield pu

EUR/JPY appreciates ahead of HCOB Purchasing Managers’ Index data from Eurozone and Germany.Japan’s 30-year government bond yield hovered around 3.25%, remaining near record highs.French 30-year yield sits at 4.5%, highest since 2009, while German 30-year yield trade at 3.41%, its peak since 2011. E

Rising fiscal risks in the UK and political instability in Japan strengthened the Dollar yesterday. The Dollar Index can head towards 99.00-99.50 before halting. The Euro is coming off and a fall below 1.16 can drag it to 1.15 as well before bouncing back. EURINR can extend the ongoing fall to the s

With the exception of the New Zealand dollar (which was hit by a dovish cut from the Reserve Bank), the Canadian Dollar (CAD) has been the worst-performing G10 currency in August, ING's FX analyst Francesco Pesole notes. Markets are only pricing in a BoC rate cut in December "We remain bearish on CA

UK Chancellor of the Exchequer Rachel Reeves could boost revenues by imposing a windfall tax on commercial lenders to recover the profits they are making from taxpayers on deposits held at the Bank of England (BoE), Bloomberg reported on Friday. The Institute for Public Policy Research estimates suc