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British Pound climbs as USD fades, Hormuz risk keeps Fed in playThe Pound Sterling rises by over 0.23% amid thin trading conditions, as US markets remained closed for the Labour Day weekend, while the US-Iran conflict escalated, with both countries exchanging strikes around the Strait of Hormuz. The GBP/USD trades at 1.3541. Read More…British Pound edges higher against US Dollar, UK Chancellor Healey’s speech eyedThe British Pound (GBP) is marginally higher at around 1.3525 against the US Dollar (USD) during the European trading session on Monday. The GBP/USD pair ticks up as the US Dollar struggles to attract bids despite the United…
“I’m desperately trying to plan ahead while I’m still able.”
Week In Focus 7-11 September 2026: Highlights include US & Chinese Inflation, ECB Policy Announcement, UK GDP ECB Policy Announcement SUN: OPEC+7 meeting, German State Elections (Saxony-Anhalt) MON: US Labor Day Market Holiday, German Industrial Production (Jul), EZ GDP Final (Q2), EZ Employment Change (Q2) TUE: US Midterm Primary Elections: New Hampshire, South Korean GDP (Q2), Japanese GDP (Q2), Chinese Trade Balance (Aug), German Trade Balance (Jul) WED: US Treasury Long-End Bond Buybacks Begin, US Midterm Primary Elections: Rhode Island, Chinese Inflation (Aug), NBP Announcement THU: ECB Announcement, CBRT Announcement, German Final CPI (Aug), Norwegian CPI (Aug), US PPI (Aug)…
“It always baffled me how some people managed to retire with significant wealth.”
OCBC’s Christopher Wong notes that Bank Negara Malaysia (BNM) kept the OPR at 2.75% and struck a slightly firmer tone, with growth expected to stay resilient into 2027. The economist still projects an OPR normalisation to 3.00% in January 2027. Wong highlights that a relatively firm domestic backdrop should support the Malaysian Ringgit, but says near-term USD/MYR moves will track the broader USD, risk sentiment and global rates.Ringgit supported but range-bound”BNM kept the OPR unchanged at 2.75%, as expected, but the accompanying statement carried a slightly firmer tone. “”BNM now expects the economy’s sound fundamentals to keep growth resilient into…
“My offer was cocktails.”
Week In Focus 7-11 September 2026: Highlights include US & Chinese Inflation, ECB Policy Announcement, UK GDP SUN: OPEC+7 meeting, German State Elections (Saxony-Anhalt) MON: US Labor Day Market Holiday, German Industrial Production (Jul), EZ GDP Final (Q2), EZ Employment Change (Q2) TUE: US Midterm Primary Elections: New Hampshire, South Korean GDP (Q2), Japanese GDP (Q2), Chinese Trade Balance (Aug), German Trade Balance (Jul) WED: US Treasury Long-End Bond Buybacks Begin, US Midterm Primary Elections: Rhode Island, Chinese Inflation (Aug), NBP Announcement THU: ECB Announcement, CBRT Announcement, German Final CPI (Aug), Norwegian CPI (Aug), US PPI (Aug) FRI: UK GDP (Jul),…
Molson Coors Beverage, Builders FirstSource and Trade Desk will be getting the boot from the benchmark index.
Ethereum (ETH) is correcting lower toward support at $2,400 on Friday as volatility rises in the broader cryptocurrency market. The largest smart contract token faced rejection after rising to $2,546 earlier, hinting at profit-taking and investors adopting a cautious stance amid macroeconomic uncertainty.Still, Ethereum’s outlook remains grounded in risk-on sentiment, as reflected in the Fear & Greed Index, which sits at 74 in the Greed territory on Friday, up from 65 the previous day.Capital inflows returned on Thursday, with Ethereum spot Exchange-Traded Funds (ETFs) attracting $148 million in deposits, offsetting outflows recorded on the previous day. Meanwhile, cumulative inflows stand…
The company’s AI-powered coding assistant is driving major sales momentum.