S&P 500 Hits Record High Amid Robust Earnings, But Strategists Warn of Demanding Expectations and Negative Equity Risk Premium
The S&P 500 index reached an unprecedented record high in August, a significant rebound after two consecutive months of decline, propelled primarily by an exceptionally strong second-quarter earnings season that…
Tanker Struck by Projectiles Exiting Strait of Hormuz, Sparking Geopolitical Tensions and Driving Global Oil Prices Higher
The United Kingdom Maritime Trade Operations (UKMTO) reported on Monday that a commercial tanker had been struck by three projectiles while transiting out of the strategically vital Strait of Hormuz,…
Singapore Dollar: Near-term pressure against US Dollar – OCBC | FXStreet
The Singapore Dollar (SGD) experienced a noticeable slip against the surging US Dollar (USD) following the widely anticipated Jackson Hole Economic Symposium, where hawkish sentiments from global central bankers, particularly…
GBP/JPY Retreats as Strengthening Yen Prompts Intervention Speculation Amidst Shifting BoJ Stance and UK Holiday Lull
The Pound Sterling (GBP) found itself on the back foot against a strengthening Japanese Yen (JPY) on Monday, as the cross retreated from an intraday high near 216.85 to trade…
Japanese Yen: Market needs more than BoJ pricing – OCBC | FXStreet
OCBC FX Strategists Sim Moh Siong and Christopher Wong have highlighted that the Japanese Yen (JPY) has already significantly benefited from aggressive market pricing for Bank of Japan (BoJ) tightening,…
West Texas Intermediate Declines After Bullish Open Amid Escalating US-Iran Tensions in the Persian Gulf
West Texas Intermediate (WTI) crude oil experienced a notable decline after opening with a significant bullish gap, yet it managed to remain in positive territory, trading around $83.60 per barrel…
Mexican Peso Weakens as Hawkish Fed Remarks at Jackson Hole Spark Global Rate Hike Speculation, Bolstering US Dollar
The Mexican Peso (MXN) experienced a notable depreciation against the US Dollar (USD) on Friday, declining by over 0.42% as markets reacted sharply to hawkish commentary from Federal Reserve (Fed)…
Bank Negara Malaysia Poised to Hold Overnight Policy Rate at 2.75% Amid Contained Inflation and Robust Growth
As the financial world anticipates Bank Negara Malaysia’s (BNM) monetary policy decision on September 3, 2026, leading strategists from DBS Group, Taimur Baig and Nathan Chow, project a steadfast approach,…
South Korean Won’s Sustained Advance Signals Robust Economic Fundamentals Amidst Hawkish Monetary Policy
The South Korean Won (KRW) is experiencing a sustained period of appreciation, underpinned by a potent combination of aggressive monetary tightening by the Bank of Korea (BoK) and a significant…
Bangko Sentral ng Pilipinas Hikes Rates to 5.0% Amidst Persistent Inflation and Peso Underperformance, DBS Forecasts Further Tightening
The Bangko Sentral ng Pilipinas (BSP) has escalated its monetary policy tightening, raising its benchmark interest rate by 25 basis points (bps) to 5.0% in a decisive move aimed at…
















