Author: Robert Jessi

Sterling traded $1.3469 Thursday, flat on the session, after printing 1.34607 Wednesday and touching two-day highs past 1.3480. That leaves the pair sitting almost exactly in the centre of a range it has occupied for roughly fifteen months, and the price action of the last nine sessions traces the whole problem. based near 1.3280 on July 28, then rallied hard into the central bank decisions and printed a swing high close to 1.3520 across July 31 and August 1. Resistance near 1.3480 rejected it. The pair pulled back to the 1.3420-to-1.3430 area — well above the late-July base — then…

Higher oil prices no longer offer the Canadian Dollar reliable support, with housing stress, weak growth and rate differentials now driving CAD. Canada’s Dollar used to have a fairly simple story. Oil went up, and the currency usually followed. That relationship has weakened considerably. MRB Partners says the Canadian Dollar’s historical sensitivity to crude oil has “diminished materially over the past decade”, leaving domestic housing, credit and growth risks with far more influence over the currency. “Historically, the CAD would have been a go-to currency on the back of higher oil prices,” MRB said, “but its historical beta to crude…

The week that wasThe geopolitical landscape has remained the almost exclusive driver of the sentiment surrounding the global markets this week.Against that backdrop, the US Dollar (USD) has been suffering from rising optimism over a potential US-Iran peace agreement that would not only end the current crisis but also reopen the Strait of Hormuz. The likelihood of such a scenario has re-emerged following news that US President Donald Trump called off an imminent attack on Iran over the last weekend, setting free speculations that a deal might be just around the corner… again, and again, and again.Then, Federal Reserve (Fed)…

What happens to stocks when the Fed starts hiking? Barclays weighs in

Picture two Japanese savers 10 years ago. Both had money set aside. One left it in yen, while the other bought gold and forgot about it. Ten years later, the gold holdings are up 375%. The precious metal didn’t do anything remarkable. Over the same decade, rose 205%. Same metal, same time period. The extra 170 percentage points the Japanese saver picked up came from one place, and it wasn’t the gold. It came from the yen falling apart underneath everyone who held it. That’s the whole lesson, and last week, the world got a look at what happens when…

The week in one sentence: a historic Yen short unwind led to a broader recovery in FX positioning, while Gold strengthened with price confirmation, and renewed selling in WTI and Coffee reinforced commodity weakness.

Higher oil prices no longer offer the Canadian Dollar reliable support, with housing stress, weak growth and rate differentials now driving CAD. Canada’s Dollar used to have a fairly simple story. Oil went up, and the currency usually followed. That relationship has weakened considerably. MRB Partners says the Canadian Dollar’s historical sensitivity to crude oil has “diminished materially over the past decade”, leaving domestic housing, credit and growth risks with far more influence over the currency. “Historically, the CAD would have been a go-to currency on the back of higher oil prices,” MRB said, “but its historical beta to crude…

DBS Group Research expects Singapore’s final 2Q26 GDP to be revised up to 5.9% year-on-year and 1.3% quarter-on-quarter seasonally adjusted, driven by stronger manufacturing and services. With first-half growth above trend, the team sees a high chance the government will raise its 2026 GDP forecast to 4.0–5.0%, while still highlighting significant uncertainty and downside risks.Growth beats trend, forecast upgrade in sight”We expect Singapore’s final 2Q26 GDP print to be revised up to 5.9% yoy and 1.3% qoq sa, from the advance estimates of 5.7% yoy and 1.1% qoq sa.””The modestly higher growth figures were driven by a firmer manufacturing outturn…

While selling BTC is not alarming in itself, it seems to go against Executive Chairman Micheal Saylor’s public image as a permanent buyer of BTC. So why did Strategy have to sell?  The ongoing BTC bear market (BTC is down about 52% from its October 2025 high to its low in June of 2026) led the price of Strategy shares to fall below the value of its underlying BTC holdings. This made it difficult to raise fresh capital to meet their U.S. dollar obligations such as dividend payments. Simply put, they had to sell BTC to raise cash to meet…

Berkshire’s profit doubles as equity holdings surge; buys back $4.5 bln shares