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Japan Retail Trade (YoY) came in at 2.7%, below expectations (3.3%) in August
Japan Retail Trade (YoY) came in at 2.7%, below expectations (3.3%) in August
Gold rebounds from eight-week low as traders weigh Fed rate path
Gold price (XAU/USD) rebounds from an eight-week low to near $4,180 during the early Asian session on Wednesday. However, the potential upside for the precious metal might be limited as oil-driven inflation reinforced expectations of tighter monetary policy by the US Federal Reserve (Fed).Â
Australian Dollar cracks 0.70 as Bullock dulls RBA hike, CPI looms
The Aussie Dollar tumbled over 0.40% against the US Dollar on Tuesday, even though the Reserve Bank of Australia (RBA) raised rates to 4.60%, but a mild-dovish tilt by RBA Governor Bullock cleared the path to push the pair below the 0.7000 threshold.
The Japanese Yen sits still while Tokyo calls it undervalued
Finance Minister Katayama said on Tuesday that an undervalued Yen is generally a problem, and that she and US Treasury Secretary Bessent agreed on a September 25 call to strengthen their cooperation.
The New Zealand Dollar breaks lower after Australia's rate hike
Australia's fourth rate hike of 2026 sent the Australian Dollar lower on Tuesday, and NZD/USD closed below 0.5650 for the first time in its slide. The Reserve Bank of Australia (RBA) raised its cash rate to 4.60%, the highest since 2011, in a unanimous vote.
South Korea Service Sector Output increased to 0.5% in August from previous -1.3%
South Korea Service Sector Output increased to 0.5% in August from previous -1.3%
South Korea Industrial Output (YoY) down to -2.2% in August from previous 3.6%
South Korea Industrial Output (YoY) down to -2.2% in August from previous 3.6%
South Korea Industrial Output Growth fell from previous 0.2% to -4.8% in August
South Korea Industrial Output Growth fell from previous 0.2% to -4.8% in August
The Pound slips to its lowest since June as a BoE hold voter pushes back
The case for another Bank of England (BoE) hike rests on energy prices, and on Thursday the government takes value-added tax (VAT) off household electricity bills.
Dow Jones Industrial Average retests its floor as consumer confidence sinks
The worst US consumer confidence reading since 2014 should have been enough to break the Dow Jones Industrial Average's September floor near 51,100, and the floor held for a third time.
Mexican Peso breaks 18.00 as carry trade loses its edge
The Mexican Peso extended its losses against the US Dollar for the second straight day, down 0.29%, as USD/MXN decisively surpassed the psychological 18.00 for the first time since the beginning of April 2026, trading at 18.04 at the time of writing.
United States API Weekly Crude Oil Stock dipped from previous 1.786MÂ to 1.019M in September 25
United States API Weekly Crude Oil Stock dipped from previous 1.786MÂ to 1.019M in September 25
Gold springs from $4,110 as Oil rout eases inflation heat
Gold (XAU/USD) price registers solid gains of over 1.30% on Tuesday despite hawkish rhetoric from Federal Reserve (Fed) officials, after hitting a multi-week low near $4,110 on Monday. The XAU/USD pair trades at $4,170 after bouncing off daily lows of $4,113.