Market News
Stay on top of the major news, data and analysis moving forex and global financial markets.
Mexico Jobless Rate meets forecasts (3%) in August
Mexico Jobless Rate meets forecasts (3%) in August
Mexico Jobless Rate s.a remains at 2.7% in August
Mexico Jobless Rate s.a remains at 2.7% in August
Brazil Mid-month Inflation came in at 0.7%, above forecasts (0.53%) in September
Brazil Mid-month Inflation came in at 0.7%, above forecasts (0.53%) in September
Japanese Yen extends recovery as Tokyo officials defend BoJ independence
The Japanese Yen pares losses against the US Dollar (USD) on Friday, as Japanese yields escalate, narrowing the gap with Treasury yields, while Japanâs Finance Minister (FM)Â Satsuki Katayama defended the independence of the Bank of Japan (BoJ).
Euro: France spreads weigh on EUR â ING
Francesco Pesole at ING sees EUR/USD downside risks persisting, with the 1.1320â1.1330 area as key support that could be tested quickly on stronger US data or another sharp Oil move higher.
India Bank Loan Growth declined to 18.1% in August 31 from previous 19.1%
India Bank Loan Growth declined to 18.1% in August 31 from previous 19.1%
India FX Reserves, USD came in at $765.9B, above expectations ($0B) in September 14
India FX Reserves, USD came in at $765.9B, above expectations ($0B) in September 14
British Pound: Risk of test of 1.3140 against US Dollar â UOB
UOBâs Quek Ser Leang and Lee Sue Ann report that GBP/USD extended its sharp decline to 1.3205, leaving conditions deeply oversold but with the bias still pointing lower.
Fedâs Williams: Persistent supply shocks cannot be ignored
New York Federal Reserve (Fed) Bank John Willams said in a panel discussion at Oxford University on Friday that although tariffs and higher energy prices donât to a sustainable inflation. However, repeated supply shocks are keeping price pressures higher.
Japanâs Katayama: Takaichi very much respects the independence of the BoJ
Japanese Finance Minister (FM) Satsuki Katayama stresses on Bank of Japanâs (BoJ) independence while speaking during the European trading session on Friday. This is the second time in the day when Katayama has delivered remarks on economy and currency.
BoEâs Bailey warns persistent high energy prices could challenge rate stance
Bank of England (BoE) Governor Andrew Bailey said on Friday that the pass-through from higher energy prices remains âquite subduedâ so far, while stressing that it is still early days.
Indian Rupee: PMIs show growth and inflation risks â Commerzbank
Commerzbankâs India section notes September flash PMIs pointing to stronger end-Q3 activity, with both manufacturing and services indices well above 50. Domestic demand is robust, but elevated input and output prices, especially in manufacturing, keep upside inflation risks high.
Swiss Franc: Still a low-yield funding currency â OCBC
OCBC strategists Sim Moh Siong and Christopher Wong note that the Swiss National Bank (SNB) kept rates at 0% and toned down its FX intervention language, signalling more tolerance for a firmer Swiss Franc but not a hawkish shift.

