Market News
Stay on top of the major news, data and analysis moving forex and global financial markets.
WTI advances to mid-$90.00s, fresh high since July 24 amid escalating US-Iran tensions
West Texas Intermediate (WTI) – the benchmark US Crude Oil price – scales higher for the third straight day – also marking the fifth day of a positive move in the previous six – and climbs to a fresh high since July 24 during the Asian session on Wednesday.
Australian Dollar rises as quarterly GDP grows in Q2
AUD/USD inches higher after recovering its daily losses, trading around 0.7150 during the Asian hours on Wednesday.
BoJ’s Takata says central bank must hike rates mimbly after assessing financial conditions
Bank of Japan (BoJ) board member Hajime Takata said on Wednesday that the central bank must conduct rate hikes nimbly after assessing accommodation in domestic financial conditions and developments.
0.4%: Australia Q2 GDP beats estimates
Australia’s Gross Domestic Product (GDP) rose 0.4% QoQ in the second quarter (Q2) of 2026 compared with the 0.3% growth in the first quarter (Q1), the Australian Bureau of Statistics (ABS) showed on Wednesday. This reading came in stronger than the expectations of 0.3% expansion.Â
Australia Gross Domestic Product (YoY) above forecasts (1.8%) in 2Q: Actual (2.1%)
Australia Gross Domestic Product (YoY) above forecasts (1.8%) in 2Q: Actual (2.1%)
Australia Gross Domestic Product (QoQ) registered at 0.4% above expectations (0.3%) in 2Q
Australia Gross Domestic Product (QoQ) registered at 0.4% above expectations (0.3%) in 2Q
PBOC sets USD/CNY reference rate at 6.7829 vs. 6.7809 previous
On Wednesday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.7829 compared to the previous day's fix of 6.7809 and 6.7238 Reuters estimate.
Japanese Yen drops to fresh low since late July vs USD on fiscal concerns and rate gap
The USD/JPY pair is seen consolidating near its highest level since July 31, touched during the Asian session on Wednesday, and trading around the 160.25-160.30 region.
British Pound drops as US Dollar strengthens on rising US yields, higher oil prices
GBP/USD extends its losses for the second successive day, trading around 1.3510 during the Asian hours on Wednesday.
BoJ’s Ueda says no comment on daily moves, markets price in high likelihood of September rate hike
Bank of Japan (BoJ) Governor Kazuo Ueda on Tuesday held talks with US Treasury Secretary Bessent on the sidelines of the G20, but giving no details on what was discussed.
Japan’s Katayama: Debt expansion is global trend, fiscal policy targeting growth and sustainability
Japanese Finance Minister (FM) Satsuki Katayama said on Tuesday that debt growth is global trend, Japan outlines fiscal policy targeting growth and sustainability. Katayama added that US Treasury Secretary Bessent referenced US strategies to manage debt.Â
US military confirms hits Iranian air defence and naval sitesÂ
The US Central Command (CENTCOM) said it completed a wave of strikes against Iran’s Islamic Revolutionary Guard Corps (IRGC) targets in Iran early on Wednesday, CNBC reported.Â
Japan Monetary Base (YoY) came in at -15.7% below forecasts (-13.5%) in August
Japan Monetary Base (YoY) came in at -15.7% below forecasts (-13.5%) in August