Author: Admin
GBP/USD Price Forecast: Holds gains near 1.3200 despite persistent bearish biasGBP/USD halts its five-day losing streak, trading around 1.3200 during the Asian hours on Tuesday. The technical analysis of the daily chart indicates an ongoing bearish bias, as the pair moves downwards within the descending channel pattern. The near-term bias stays mildly bearish as the GBP/USD pair holds below both the nine-day and 50-day Exponential Moving Averages (EMAs), which cap price action and frame a descending short-term profile.Additionally, the latest 14-day Relative Strength Index (RSI) hovers near 38 after recovering from oversold territory, indicating fading downside momentum but not yet enough buying…
A need for liquidity may be playing a role in the decision of some countries to reduce their holdings of U.S. government debt.
At the end of each month, global financial markets are influenced by a powerful but often overlooked force: institutional portfolio rebalancing. Major players such as pension funds, insurance companies, and asset managers adjust their portfolios to maintain target allocations across regions and asset classes. While this process is routine, it can have a meaningful impact on the foreign exchange (FX) market, particularly in major currency pairs. What Is Month-End Portfolio Rebalancing? Institutional investors typically hold diversified portfolios across equities, bonds, and sometimes commodities on a global scale. Over time, differences in market performance cause these allocations to drift away from…
“I live in a 2016 double-wide mobile home with no mortgage.”
UOB’s Global Economics & Markets Research, via Julia Goh and Loke Siew Ting, notes that the central bank of the Philippines, Bangko Sentral ng Pilipinas (BSP) kept the RRP (Reverse Repurchase Rate) rate at 4.25% in an off-cycle meeting as supply-driven inflation and Middle East risks intensify. The bank expects a prolonged policy pause, with core inflation and second-round effects guiding decisions and fiscal policy taking a larger role.BSP seen on prolonged policy pause”In view of the fluid situation and uncertainty over the duration and severity of the Middle East conflict, we maintain a cautious stance and continue to expect…
“I don’t want him to retaliate with a bad review.”
Newsquawk Week In Focus: Highlights include US NFP, ISMs and Retail Sales, EZ CPI, RBA Minutes, and BoJ Tankan Next Week In Review MON: German Prelim. CPI (Mar) TUE: RBA Minutes (Mar), Chinese NBS Manufacturing PMI (Mar), French CPI Prelim (Mar), EZ CPI Flash (Mar), BoJ Tankan Survey (Q1) WED: BoC Minutes (Mar), CBR Minutes (Mar), Chinese RatingDog Manufacturing PMI (Mar), Global Manufacturing PMI Finals (Mar), EZ Unemployment Rate (Feb), US ADP Employment Change (Mar), US Retail Sales (Feb), US ISM Manufacturing PMI (Mar), US Business Inventories (Jan), South Korean Inflation (Mar) THU: Australian Balance of Trade (Feb), Italian…
A large institutional options fund may have contributed to some of the recent volatility in the S&P 500.
DBS Group Research economist Chua Han Teng highlights that Thailand’s financial markets, particularly the Thai Baht (THB) and equities, are under pressure due to vulnerability to Middle East conflict-related commodity shocks. The report notes that upside inflation risks from the Iran war have likely closed room for further Bank of Thailand (BoT) easing, with markets pricing an unchanged policy rate for at least six months.Baht under pressure as policy constrained”Thailand’s financial markets remain under pressure, with the Thai baht (-5.3%) the worst-performing currency in the ASEAN-6 region month-to-date, while the benchmark equity index also lost ground (-5.8%). The underperformance reflects…
President Trump’s willingness to de-escalate the Iran conflict has kept stocks from even larger losses in March — but is he losing his grip on markets?