Foreign Exchange
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Chicago Fed Paper: Market-Implied Rates Move Only 5 Bps When Median SEP Projection Exceeds Expectations by 25 Bps, Reflecting Conditional View
Chicago Fed Paper: Market-Implied Rates Move Only 5 Bps When Median SEP Projection Exceeds Expectations by 25 Bps, Reflecting Conditional View
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Nikkei Asia: BOJ Governor Ueda and Federal Reserve Chairman Warsh will face tough tests this week as markets pressure interest rates.
With renewed inflation concerns and a global bond sell-off, investors are increasing pressure on policymakers to get ahead of inflation and convince markets they can keep pace with evolving expectatio
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EUR/JPY is down 1.01% intraday, currently trading at 177.3730.
EUR/JPY is down 1.01% intraday, currently trading at 177.3730.
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Trump says he is lifting tariffs on Irish whiskey
Trump says he is lifting tariffs on Irish whiskey
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U.S. Energy Secretary Chris Wright Warns Against Hormuz Deal Optimism, Iran to Propose Temporary Shipping Lane on Monday
U.S. Energy Secretary Chris Wright warned traders against expecting a quick Strait of Hormuz breakthrough with Iran, noting that alternative routes are currently supplying about 10 million barrels a d
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White House economic advisor Kevin Hassett stated that the White House would "100% support" the Federal Reserve's interest rate decision this week, but he and President Donald Trump see no reason for a rate hike.
White House economic advisor Kevin Hassett stated that the White House would "100% support" the Federal Reserve's interest rate decision this week, but he and President Donald Trump see no reason for
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HSBC raises 2026 Brent crude forecast to $90 from $80, sees rebalancing by mid-2027
The bank also raised its 2027 forecast to $85 from $65, and set a longer-term assumption of $75 from 2028 onward. Senior oil analyst Kim Fustier wrote that oil markets are unlikely to rebalance until
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Al Jazeera: Iran's annual inflation rate reached 89% in August, with food inflation exceeding 127%; the rial hit a new low against the US dollar last week.
Al Jazeera reports that the Iranian economy faces severe challenges due to US wars, sanctions, and a naval blockade. Data from the Statistical Center of Iran shows that as of the end of August, Iran's
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Canada is exploring a potential new "associate member" status with the EU for closer integration, including freer movement of goods and workers, as reported by the Wall Street Journal.
The Wall Street Journal reports that Canada and the EU are discussing closer cooperation in energy, AI, defense, and critical minerals. This move comes as Ottawa seeks to diversify away from the U.S.
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The European Central Bank hiked rates for the second time last Thursday, and while the Bank of England is expected to hold steady this Thursday, hawkish signals should not be ignored.
The European Central Bank (ECB) was the first to tighten monetary policy last Thursday, marking its second rate hike since the outbreak of the Iran conflict. The Bank of England (BoE) is expected to k
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Foreign investors became net sellers of South Korean bonds in August for the first time in 3.5 years, offloading $624.8 million net
Foreign investors became net sellers of South Korean bonds in August for the first time in about 3 1/2 years, offloading a net 839.7 billion won ($624.8 million), according to industry data released S
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The Bank of Japan (BOJ) will announce its interest rate decision on September 18, with the market widely expecting a 25 basis point hike to 1.25%.
Bank of Japan (BOJ) Governor Kazuo Ueda will hold a post-meeting press conference, with the market focusing on signals regarding the pace of future interest rate hikes.
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"Big Short" Burry Buys Fine Wine to Hedge Against AI and Quantum Computing Threats, and USD Devaluation Risk
Michael Burry, the investor known for short selling, warned in a September 11 post that AI and quantum computing could threaten cryptocurrencies and financial assets such as bank and investment accoun
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PNC Chief Investment Officer: Energy-driven inflation complicates Federal Reserve interest rate decisions, further tightening risks policy error
PNC Chief Investment Officer Amanda Agati stated on Bloomberg Television that energy-driven inflation is pushing market expectations for further Federal Reserve rate hikes, presenting the Fed with dif
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French financial markets show 'crazy' inversion as bond traders believe collateralized bank bonds are safer than government debt.
French financial markets show 'crazy' inversion as bond traders believe collateralized bank bonds are safer than government debt.
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Yemeni government forces claim to have launched airstrikes near Mocha targeting Houthi members and vehicles, following the Houthis' complete control of the Bab al-Mandab Strait.
Yemeni government forces spokesperson Majed Abdullah Nazili stated that they launched airstrikes on Houthi militants and their vehicles along the Red Sea coast on Saturday, destroying vehicles and wea
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Trump criticized European trade, energy, and immigration policies, and expressed disappointment that NATO allies did not assist the United States in resolving the Strait of Hormuz issue.
During his visit to Ireland, Donald Trump criticized Europe for "destroying itself" on trade, energy, and immigration issues, and expressed disappointment that European NATO allies failed to assist th
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ECB President Christine Lagarde: Europe faces new challenges, including a nearly one-fifth decline in Eurozone exports due to US tariffs, and an outflow of talent and capital.
ECB President Christine Lagarde, speaking in Normandy, stated that Europe is facing increasing global volatility, including the Russia-Ukraine conflict, energy shocks, US tariffs, and the Middle East
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Donald Trump said he expects a trade deal with Canada to be reached soon.
Donald Trump said he expects a trade deal with Canada to be reached soon.
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Trump on Iran: Everything Will Work Out Fine
Trump on Iran: Everything Will Work Out Fine
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Iranian President Pezeshkian stated in India that he would not succumb to the US and Israel, while Indian Prime Minister Modi called for resolving the Middle East conflict through dialogue.
Iranian President Masoud Pezeshkian, during his first visit to India, stated that Iran would not succumb to the United States and Israel, emphasizing that Iran has successfully resisted the aggression
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BRICS leaders gather in New Delhi to discuss strengthening local currency trade and alternative payment mechanisms amid Trump administration tariffs and sanctions.
Leaders including Chinese President Xi Jinping, Russian President Vladimir Putin, Indian Prime Minister Narendra Modi, and Iranian President Pezeshkian are attending the summit, which aims to counter
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Wall Street Insights Analysis: Structural Shift in JPY May Trigger Unwinding of Carry Trades, USD/JPY Fair Value Could Point to 130-140 Range
Wallstreetcn analysis indicates that the Japanese Yen is undergoing a structural shift, with the long-standing divergence between the narrowing 10-year US-Japan government bond yield spread and the US
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Nick Timiraos updates Fed hike forecasts: HSBC changes its call, and JPM now expects two hikes in its revised forecast.
Nick Timiraos updates Fed hike forecasts: HSBC changes its call, and JPM now expects two hikes in its revised forecast.
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Emerging market investors are favoring local currency sovereign bonds, as surging U.S. Treasury yields diminish the appeal of dollar-denominated debt.
Emerging market investors are favoring local currency sovereign bonds, as surging U.S. Treasury yields diminish the appeal of dollar-denominated debt.
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China names Li Chenggang its top international trade negotiator ahead of US talks
China elevated Li Chenggang's title on Sunday, hours before delegations from the two countries were set to hold negotiations in New York. This move comes as US Treasury Secretary Scott Bessent is sche
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Houthis attack Saudi capital and Aramco facilities, US warns of "rapid escalation" of conflict, Saudi Arabia urgently seeks aid from multiple countries.
On September 19, Yemen's Houthi rebels launched a new round of missile and drone attacks targeting "sensitive sites" in the Saudi capital Riyadh and Saudi Aramco facilities in Yanbu. U.S. embassies in
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Yen vulnerable to sharp moves and further declines as Japan holiday reduces liquidity, investors disappointed by BOJ guidance
The yen is vulnerable to sharp moves and further declines over the next week, with a three-day holiday in Japan set to reduce trading liquidity and investors disappointed that the central bank didn’t
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Hong Kong to expand renminbi-denominated bond, gold and commodity markets, says Financial Secretary Paul Chan
Financial Secretary Paul Chan stated on Sunday that Hong Kong would expand its renminbi-denominated bond market and develop renminbi-denominated gold and commodity markets. This initiative aims to str
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Financial Times: Saudi Arabia Exits China-Led Cross-Border Currency Platform
Saudi Arabia has withdrawn from a China-led cross-border currency platform. According to the Financial Times, the Saudi central bank exited the project last year, which was one of China's efforts to d
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Global oil shipping costs have surged to historic highs, with supertankers earning over $1.2 million per day. A South Korean shipping magnate is making a massive bet, investing $7 billion, and is set to profit handsomely.
The global supertanker market is experiencing unprecedented supply-demand tightness, with soaring freight rates rendering some long-haul crude oil trades economically unviable and profoundly altering
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U.S. Treasury Secretary Scott Bessent seeks to influence Japan's fiscal and monetary policy, Nikkei Asia reports, stating that Japan's response must be mutually beneficial.
U.S. Treasury Secretary Scott Bessent met with Japanese Finance Minister Satsuki Katayama for the first time after their coordinated intervention. Nikkei Asia noted that the U.S. Treasury's move aims
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Turkish Foreign Minister: Turkey supports Saudi Arabia's security and is prepared to provide military assistance amid escalating Houthi attacks.
Turkish Foreign Minister Hakan Fidan said on Friday that Saudi Arabia may have unmet military needs amid Houthi attacks in Yemen, and Turkey would consider how to support Saudi Arabia as part of a tri
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Iran's security chief says conditions for ending war with US, including lifting naval blockade and unfreezing funds, sent to Washington via Qatar; awaits Trump's response
Mohsen Rezaei, secretary of Iran’s Supreme National Security Council, told Al Jazeera in an exclusive interview on Saturday that Tehran has conveyed a formal set of conditions to Washington through Qa
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US Treasury Secretary Scott Bessent will meet with Chinese Vice Premier He Lifeng in New York on Sunday to discuss AI safety, trade, and economic issues, paving the way for a summit between Donald Trump and Xi Jinping.
U.S. Treasury Secretary Scott Bessent will meet with Chinese Vice Premier He Lifeng in New York on Sunday to discuss artificial intelligence safety, trade, and broader economic issues. The meeting, he
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Nick Timiraos reposted VKMacro's tweet: Japanese officials say failure to raise interest rates as demanded by the U.S. could escalate into a diplomatic issue.
Nick Timiraos reposted VKMacro's tweet: Japanese officials say failure to raise interest rates as demanded by the U.S. could escalate into a diplomatic issue.
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Pakistan urges Iran to protect energy supplies and shipping, as high-ranking officials from both countries are set to meet.
Pakistan's Deputy Prime Minister and Foreign Minister, Ishaq Dar, spoke with Iranian Foreign Minister Abbas Araghchi on Saturday, emphasizing the importance of uninterrupted energy supplies and the sa
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Trump Administration Lifts Sanctions on Eritrea to Advance U.S. Regional Interests in Red Sea
The U.S. State Department announced that President Donald Trump chose not to renew sanctions against Eritrea from 2021, a move aimed at "advancing U.S. regional interests." Eritrea, located in the Hor
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Russia attacked two merchant ships in the Black Sea, and Poland raised its air defense alert level.
Ukraine's Air Force stated that Russia used dozens of drones and two anti-ship missiles to attack Ukraine overnight. Russia's Ministry of Defense, meanwhile, claimed that its forces used "Geran-4 Seek
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Hedge funds are bullish on the JPY for the first time since July 2025, holding approximately $1.6 billion in positions, according to CFTC data.
Leveraged traders have unwound their previous short positions in the Japanese Yen and started building bullish positions, now holding approximately JPY 251 billion (about $1.6 billion) in long Yen pos
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The French government stated that its 2027 budget draft will comply with EU spending recommendations, even though its debt burden is projected to rise above 120% of economic output.
The French government stated that its 2027 budget draft will comply with EU spending recommendations, even though its debt burden is projected to rise above 120% of economic output.
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World faces supertanker shortage, threatening long-haul oil flows as costs soar
The rising cost of global oil transportation is rendering some long-distance crude trades uneconomical, potentially disrupting flows at a time when fuel markets are exceptionally tight.
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Brazil's central bank announced a ban on the use of stablecoins for certain cross-border payment settlements, effective October 1, to address regulatory ambiguities.
Brazil's central bank stated that the move aims to address ambiguities in the 2022 virtual assets law, which grants the central bank the authority to determine which crypto operations constitute forei
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The dollar had its strongest week since June after the Federal Reserve's rate hike, with the Bloomberg Dollar Spot Index rising 1.1% this week.
The Federal Reserve announced its first interest rate hike in over three years this week, explicitly signaling more to come, which has become a core driver of dollar strength. JPMorgan Chase, Standard
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Citibank Analysis: The Bank of Japan's dovish dissent and the Federal Reserve's rate hikes will accelerate its rate-hiking process, bringing forward the terminal rate achievement to July 2027.
Citibank Japan economist Sosuke Nakamura released a report stating that the Bank of Japan (BOJ) raised its policy rate from 1.00% to 1.25% at its September meeting as expected, but two dovish dissenti
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Trump Administration Refuses to Disclose Details of Venezuelan Oil Revenue, State Department Faces Public Pressure
The Trump administration is facing pressure from the U.S. State Department to disclose the total amount of funds it seized from Venezuelan oil and the amount that has been returned to Caracas, after r
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Analysis suggests Federal Reserve Chairman Warsh is steering decision-making logic towards monetarism, abandoning the neutral interest rate anchor.
Analysts point out that Warsh's characterization of the neutral rate as a purely academic discussion is akin to dismantling the Federal Reserve's policy positioning system, which has been in operation
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U.S. President signs H.R. 5334 bill, expanding sanctions on Russia and extending sanctions on Iran.
On Friday, September 18, the President of the United States signed H.R. 5334, the "Lindsey O. Graham Sanction Russia and Iran Act of 2026." This bill authorizes and expands statutory sanctions, tariff
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EQ9 Token Analysis: Project Positioning, Market Performance, and Future Development Prospects
The EQ9 (Equals9) token aims to revolutionize the traditional foreign exchange sector by providing low-cost, high-efficiency international currency management services through its Polygon-based technology platform. The project plans to transition to a proprietary chain in the future to further enhance performance. However, EQ9's current market performance faces challenges, with extremely low 24-hour trading volume, significant discrepancies in circulating market capitalization data, and severe price volatility. Investors need to be wary of its liquidity risks and closely monitor the project's subsequent technological developments and market dynamics.
Foreign Exchange
24H Trending
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Anthropic's potential $2 trillion IPO fuels nearly $80 million in crypto derivatives bets
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Nippon Life plans to invest $12.7 billion (2 trillion yen) in infrastructure financing, primarily for data center construction in the US
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NVIDIA CEO Jensen Huang rejected calls to slow down AI development, stating that AI should advance "as fast as possible" but emphasized that safety should not be sacrificed.
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Oracle's $18 billion AI loan is struggling to sell, with banks quoting prices down to 89-91 cents on the dollar, signaling emerging pressure in the AI financing chain.
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VICA Token: Ethereum-Based "Noflation" Concept Token and Its Market Status
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Axelar (AXL) In-depth Analysis: The Cross-Chain Interoperability Protocol Connecting the Multi-Chain World
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Cheelee (CHEEL) and Metal Blockchain Ecosystem: New Dynamics in the Cryptocurrency Space
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Vals AI seeks to become the gold standard for AI benchmarking, raising $40 million in Series A funding led by Andreessen Horowitz.
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What is Shiba Inu (SHIB)? An Analysis of Shiba Inu's Current Status and Trading Channels
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The US, Denmark, and Greenland have reached a security agreement to expand the US military presence in Greenland, expected to be signed next week.
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