FX

Key Points Middle East Escalation: The killing of Iran’s Supreme Leader Ayatollah Khamenei has sent shockwaves and can be expected to elevate safe-haven demand and lift oil prices. This is a key macro driver, especially for the early part of the month. GBP Pressure: The pound faces continued headwinds as domestic political and economic uncertainty […]

American equity markets experienced a broad retreat as weak employment figures and renewed selling pressure in technology stocks dampened investor confidence. The S&P 500 trades down 0.84% at 6,859 points, while the Nasdaq 100 suffered a more substantial decline of 2.12%, sitting at 24,798.88 during afternoon trading. Employment Data Reveals Concerning Labor Market Trends The

Key Points Fed Chair Transition: President Donald Trump has nominated Kevin Warsh to succeed Jerome Powell in May. Some analysts view this as a dollar-positive move. Japan’s General Election (February 8): It will be essential to keep an eye on Japan’s early election on February 8, as it could translate to volatility early in the

Key Points Federal Reserve Rate Decision (January 28): Following the 25 basis point cut in December, the Fed is expected to keep interest rates steady at 3.75% in January. The market will be looking for guidance on the path ahead. Bank of Japan Rate Decision (Jan. 23): The BoJ delivers its first policy decision of

Key Points Federal Reserve Rate Decision (December 10): The Federal Reserve rate decision is being closely assessed, with the consensus, including analysts at UOB, now anticipating a 25 basis point (bp) rate cut. Bank of England Rate Decision (December 18): Following the Budget announcement, the probability of a BoE rate cut has increased. Markets are

Key Points Bank of England Rate Decision (November 6): With some market participants pricing in a potential rate cut, the BoE’s decision will be the key driver for the GBP. Reuters said in a recent report that current pricing indicates a 40% chance of a 25 basis point cut. U.S. Government Shutdown & Data: The