Flight-to-safety in markets, geopolitical tensions escalate

Flight-to-safety in markets, geopolitical tensions escalate

Safe-haven flows dominate financial markets at the beginning of the week as investors react to the latest news surrounding the Israel-Iran conflict. S&P will release revisions to July PMI data for the Euro area, Germany and the UK on Monday, while later in the day, the ISM Services PMI report for July will be featured in … Read more

Dollar rebounds on positive risk sentiment, weak Yen

Dollar rebounds on positive risk sentiment, weak Yen

USDJPY bulls are further encouraged by a weakening Japanese Yen following data that shows real wages declining for the 25th straight month in April, as domestic inflation in Japan continues to outpace wage growth. The data will make it harder for the Bank of Japan to normalise policy, as it hopes to lift the bank’s … Read more

Soft CPI weakens Swiss Franc

Soft CPI weakens Swiss Franc

The Swiss Franc strengthened as softer-than-expected Consumer Price Index (CPI) data for March boosted expectations of one more interest rate cut by the Swiss National Bank.