Author: Robert Jessi

Telia Q2 cash flow tops forecasts as service revenue growth hits 4-year high

USD/IDR continues its losing streak for the fourth successive day, trading around 17,990 during the Asian hours on Friday. The pair remains under pressure as the Indonesian Rupiah (IDR) strengthens, boosted by resilient investor confidence following a 27.4% year-over-year surge in Q2 foreign direct investment.Meanwhile, the government is taking proactive steps to stabilize food prices against El Niño-driven supply risks, following June headline inflation figures that climbed toward the upper bound of Bank Indonesia’s target range.The downside of the USD/IDR pair could be restrained as the US Dollar (USD) receives support from escalating developments surrounding conflicts in the Middle East.…

Gold is licking its wounds in Friday’s Asian trades, languishing close to two-week lows, as sellers stay hopeful of clinching the biggest weekly loss in six weeks.Gold: Downside risks intact as Mideast woes intensifyGold is trying hard to find a floor, but in vain, as sellers appear relentless, as the United States (US) entered its sixth day of renewed attacks on Iran on Thursday, which seems to have widened to other Gulf states, including Kuwait, Bahrain and Jordan.The US intensified its military attacks on several targets in Iran and also fired on a tanker sailing towards Kharg Island, Iran’s biggest oil export…

US continues attacks on Iran – BoC left rates unchanged, delivered upbeat outlook – USD is trading sideways awaiting US retail Sales numbers. USDCAD open: 1.4041, overnight range 1.4034-1.4054, close …

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Form 4 Cohu Inc For: 16 July

Canada’s financial services sector, long characterised by stability and concentration among a handful of large banks, is undergoing a decisive digital transformation. Over the past 18 months, a confluence of regulatory reform, infrastructure modernisation and fintech innovation has begun to reshape how money moves, how data is shared and how consumers interact with financial institutions. The result is not merely incremental change, but the foundations of a more open, competitive and technology-driven system. The most significant shift has been the long-awaited arrival of consumer-driven banking, more commonly known as open banking. After years of consultation, the federal government confirmed in…

USD The dollar fell for a second day on Wednesday, with the index closing 0.4% lower near 100.5, now down almost a percent since Tuesday’s CPI report. Having firmed through the London morning, the greenback reversed once June PPI confirmed the prior disinflation signal, factory-gate prices falling 0.3% MoM against a flat consensus, with the annual rate easing to 5.5% and core also undershooting. Chair Warsh welcomed data moving in the right direction in his Senate testimony, while resisting any suggestion of an all-clear on inflation, and the Beige Book’s slight-to-moderate growth assessment did little to challenge a dovish repricing…

NZD/USD fluctuates between minor gains and losses on Thursday as the Reserve Bank of New Zealand’s (RBNZ) hawkish stance supports the Kiwi, while a stronger US Dollar (USD) caps the upside. At the time of writing, the pair trades around 0.5842 after climbing to a one-month high earlier this week.The Greenback is regaining its footing after a two-day decline triggered by softer-than-expected US inflation data. The US Dollar Index (DXY), which tracks the Greenback’s value against a basket of six major currencies, trades around 100.70 after falling to 100.35 on Wednesday, its lowest level since June 18.From a technical perspective,…

US continues attacks on Iran – BoC left rates unchanged, delivered upbeat outlook – USD is trading sideways awaiting US retail Sales numbers. USDCAD open: 1.4041, overnight range 1.4034-1.4054, close …