Potential for more recovery over the coming months – Commerzbank

[ad_1] Share: AUD/USD is still trading around 5% below its mid-July high. Economists at Commerzbank analyze Aussie’s outlook. Downside potential again in 2025 With the US likely to enter a recession in the coming months, while the Australian economy is expected to have a soft landing, the trend is likely to reverse in

North Korea says it is to launch a satellite in the coming days

[ad_1] The notice says that the satellite will be launched in the direction of the Yellow Sea and East China Sea, with Tokyo and Seoul stating that this could be a third attempt to put a spy satellite into orbit – which would be a violation of a UN ban. For some context, North Korea

What’s coming up in the week ahead in the US: Holidays and Treasury auctions

[ad_1] AI image The upcoming week features a series of significant economic releases, auctions, and reports that market participants will be watching closely. Monday, November 20 The week kicks off with a Treasury auction of 20-year securities worth $16 billion, an event that will give us insights into market demand for long-term government debt. It

Heads up: BOJ governor Ueda press conference coming up later

[ad_1] There will definitely be a lot to say, now especially as the Japanese yen has fallen in the aftermath of their policy decision today. But I reckon Ueda will continue to maintain that they do acknowledge firmer inflation developments but they’re not at a point yet to abandon easy policy altogether. Essentially, it should

US Dollar – Is The Rally Coming To An End?

[ad_1] US Dollar – Is The Rally Coming To An End? The US dollar has rallied since early Q3 back to levels last seen on either side of December last year as the Federal Reserve tightened monetary policy by hiking interest rates ever higher. The Federal Reserve left rates unchanged at its September meeting but

Upward sloping profile for Krone in the coming months – Danske Bank

[ad_1] Share: August has marked a significant setback to NOK. Economists at Danske Bank analyze Krone’s outlook. Favouring the topside for the rest of this year The supply side of energy markets is tight. This has been an important pillar in our long-term bullish view on NOK. Meanwhile, with the global growth slowdown