The rupee’s weakness is largely an energy story: high crude prices have swollen India’s import bill and dollar demand, and the RBI’s special window for oil marketing companies is an admission that…
Early Ethereum Foundation ETH recipients move $11M to Kraken: what the data shows Two wallets that received Ether (ETH) from an early Ethereum Foundation distribution sent 4,393 ETH, worth about $11.1 million,…
For China’s equity markets, CICC’s call points to continued rotation from high-flying growth names on the ChiNext and STAR boards towards dividend-paying stocks, a group typically dominated by banks, utilities, energy and…
For gold, the key channel in this conflict has been oil rather than safe-haven demand: escalation has lifted energy prices and Fed hike expectations, pushing up yields and the dollar and weighing…
The PBOC allows the yuan to fluctuate within a +/- 2% range, around this reference rate. More here on this. PBoC injects 50bn yuan via 7-day reverse repos today, rate unchanged at…
For the DAX, Sewing’s remarks are unlikely to move the index on their own, since state governments do not set federal economic policy and the index is dominated by global exporters whose…
The People’s Bank of China publishes its daily USD/CNY reference rate at around 0115 GMT (2115 US Eastern time the previous evening), and the number has become one of the most closely…
MUFG’s framing underlines that energy is almost the entire story behind rising US headline inflation since the Iran conflict began, keeping crude prices tightly linked to Fed expectations. The core reading is…
For equities, UBS’s view supports semiconductor and hardware names into an earnings season where results, rather than narrative, are expected to drive the AI trade. The near-term test arrives quickly, with ASML…
For European carmakers, a hybrid quota offers some relief from lower-priced Chinese competition at a time when Volkswagen, Stellantis, Mercedes and BMW are under pressure on profits, though the cap’s generous starting…
Wednesday’s report is a direct read on how far the Iran war’s energy shock is feeding into US consumer prices, and a hot energy component would reinforce the link between crude risk…
For oil, the IEA’s focus confirms that the acute shortage sits in refined products rather than crude, which points to continued support for diesel margins even as Gulf crude flows recover. The…
