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Iran's President Pezeshkian: Our demands are the same as our previous demands
Iran's President Masoud Pezeshkian said on Monday that Tehran is not at war with Saudi Arabia. Pezeshkian added that Iran’s demands for negotiation with the United States (US) are the same as our previous demands.
Saudi Arabia issues emergency alert for Khamis Mushait, Abha
Saudi Arabia's Civil Defense on Monday issued emergency alerts for the Khamis Mushait Governorate and Abha City. The officials then lifted the warnings shortly after, urging residents to continue following official instructions and avoid gathering, aljazeera reported.
Gold falls below $4,300 as higher US yields bolster Fed rate hike bets
Gold price (XAU/USD) tumbles to near $4,295 during the early Asian session on Tuesday. The precious metal faces some selling pressure as rising bond yields and surging energy prices strengthen expectations that the US Federal Reserve (Fed) will raise interest rates this week.
Australian Dollar gets caught between AI selloff and 5% US yields
The Aussie Dollar registered losses of over 0.73% on Monday as sentiment soured due to a fall in technology shares, along with heightened tensions in the Middle East, high energy prices, and a jump in bond yields. The AUD/USD trades at 0.7118, after hitting a high of the day (HOD) of 0.7168.
New Zealand Electronic Card Retail Sales (MoM) dipped from previous 1.3% to -0.9% in August
New Zealand Electronic Card Retail Sales (MoM) dipped from previous 1.3% to -0.9% in August
New Zealand Electronic Card Retail Sales (YoY) fell from previous 3.4% to 0.2% in August
New Zealand Electronic Card Retail Sales (YoY) fell from previous 3.4% to 0.2% in August
The Euro breaks both its moving averages as the Fed's hike becomes certain
EUR/USD closed near 1.1550 on Monday, 0.42% lower, and beneath both of its moving averages for the first time since late July. The 50-day and 200-day Exponential Moving Averages (EMA), the chart's two usual reference lines, now sit two pips apart, so the pair fell through one line rather than two.
The Pound tests an August low on the Fed's hike odds
GBP/USD closed just beneath 1.3500 on Monday, 0.19% lower, after trading to its lowest since August 14 in the London morning and buying back half of the drop by the close.
GBP/JPY Price Forecast: Bears circle 207.00 as RSI rebounds
The GBP/JPY cross-pair rises over 0.12% and trades at around 208.30 as risk appetite shifts to the sour side due to a rise in energy prices and bond yields, as investors grow uneasy about a possible reacceleration of inflation ahead of three monetary policy decisions by major central banks.
New Zealand Dollar sinks to two-month low as Greenback firms
NZD/USD trades lower on Tuesday, changing hands near 0.5780, down around 0.6% on the day. The pair has slipped below 0.5760 to its lowest level since mid-July, after giving back ground overnight from a session high near 0.5820.
Japanese Yen recedes as Fed and BoJ decisions loom
USD/JPY is trading higher on Monday near 154.40, after touching an intraday high just shy of 155.00.
South Korea Import Price Growth (YoY) down to 15.6% in August from previous 18.7%
South Korea Import Price Growth (YoY) down to 15.6% in August from previous 18.7%
South Korea Export Price Growth (YoY): 42.4% (August) vs previous 49.1%
South Korea Export Price Growth (YoY): 42.4% (August) vs previous 49.1%

