Romeo

Currencies and metals rally on Wednesday.The Fed Independant? Not! Good Day... and a Tub Thumpin' Thursday to one and all! Well, my beloved Cardinals got good pitching last night, but no hitting and lost 2-1. UGH!I had a dear friend of mine contact me yesterday and wanted to how to subscribe to my l

The S&P 500 made a fresh record high on Wednesday, but the rally is likely to be on pause later today. US futures point to a tepid open later today, and the FTSE 100 has opened up marginally higher. Global stocks have had a strong August so far, led by US indices, and markets are a sea of green

The Indian Rupee flattens around 87.80 as marginally lower US Dollar offsets impact of US tariffs on India.FIIs have sold Indian equities worth Rs. 34,733.75 crores so far in August.Fed’s Williams opens the door for interest rate cuts. The Indian Rupee (INR) trades almost flat at around 87.80 agains

NZD/USD trades flat around 0.5860 in Wednesday’s early Asian session.Trump said he is firing Fed governor Lisa Cook, raising concerns over the Fed’s independence. RBNZ’s dovish tone might cap the pair’s upside. The NZD/USD pair holds steady near 0.5860 during the early Asian session on Wednesday. Ri

Summary Despite a headline decline in July, durable goods orders is the first unambiguously positive development in months for the manufacturing sector. After accounting for pullbacks in aircraft and defense spending, there were broad-based gains in orders. This isn't just tech-related spend A headl

Euro (EUR) is likely to trade in a range of 1.1600/1.1690. In the longer run, EUR is expected to trade in a range between 1.1580 and 1.1745, UOB Group's FX analysts Quek Ser Leang and Peter Chia note. EUR is expected to trade in a range between 24-HOUR VIEW: "Yesterday, we noted that the sharp rally

China’s y/y export growth accelerated during H1 despite a sharp decline in exports to US. Phones and laptops comprised an outsized share of China’s declining exports to the US. China appears to be exporting these goods to alternative markets, not just transshipment hubs, Standard Chartered's Researc

EUR/GBP weakens to around 0.8620 in Wednesday’s early European session. UK CPI inflation rose to 3.8% YoY in July from 3.6% in June. Analysts expect the ECB to hold interest rates steady at its September meeting. The EUR/GBP cross loses traction to near 0.8620 during the early European session on We