Forex
Japanese yen rises 3% in two days, but rebound may be short‑lived
The yen gained about 3% against the dollar, closing at 156.25, while markets price over a 50% chance of two 25‑bp BoJ hikes this year; analysts cite limited intervention and a longer‑term outlook.
Yen jumps 1.1% to six‑month high as BOJ rate‑hike bets lift currency
The yen rose 1.1% against the dollar, its strongest level since Feb. 23, after Tokyo spent a record 15.4 trillion yen supporting the currency and markets priced a 25‑bp BOJ hike.
FINMA chief says small banks not subject to intense supervision, UBS under focus
FINMA chairman Stefan Walter said UBS undergoes more than 40 onsite inspections each year, while a small bank is inspected only once every 8‑10 years, stressing proportional oversight.
FINMA director stresses proportional oversight for Swiss banks
FINMA says supervision intensity follows size, complexity and risk, not a blanket approach on small banks, citing inspection frequency and the 2020 Kleinbankenregime.
Iran parliament speaker warns of strikes on US energy firms
Speaker Mohammad Bagher Ghalibaf said Tehran could target US oil and gas assets after recent US attacks on Iranian tankers, as shipping through the Strait of Hormuz hits its lowest level since May.
UN warns AI development could threaten humanity's existence
UN Secretary‑General Antonio Guterres and Pope Leo join tech leaders in warning that rapid AI growth, led by firms such as OpenAI and Google, may outpace regulation and pose existential risks.
Record heat drives up food prices in Austria, central bank says
The Austrian National Bank warns that unusually hot and dry weather is lifting prices for fruits, vegetables, dairy, eggs and beer, adding about 0.1 percentage point to inflation forecasts.
Week Ahead: USD/JPY, ECB Rate Decision and US CPI Set to Influence Markets
The analysis flags a short‑covering rally in USD/JPY, a likely 25‑bp ECB hike to 2.50% and US August CPI as the main catalysts for the coming week.
De-dollarization: Assessing the US Dollar’s Continuing Dominance
Analysis finds the dollar still leads in FX volumes, trade invoicing and reserve holdings, while central banks diversify and China expands yuan usage.
Pound nudges up as dollar stays soft on Fed rate‑cut bets
GBP/USD rose 0.14% to 1.3535 while the dollar index is expected to hover between 99.00 and 99.50; markets price a 58% chance of a 25‑bp Fed cut on Sep 16 and await U.S. CPI data.
Pound nudges up as dollar stays soft on Fed rate‑cut bets
GBP/USD rose to 1.3535 while the dollar index is seen in a 99‑99.5 range; ING prices a 58% chance of a 25‑bp Fed cut on Sept 16 and highlights upcoming CPI and ECB data.
Why the BoC’s Inflation Warning Could Signal a Longer‑Term Looney Upswing
The Bank of Canada’s recent inflation caution may be more than a headline – it hints at tighter policy ahead, while U.S. rate moves and commodity trends set the stage for a measured CAD rally.
Why the Canadian Dollar’s One‑Week High Signals More Than a Temporary Bounce
The loonie’s modest rise on BoC’s inflation warning reflects a deeper policy divergence and commodity backdrop that could reshape its medium‑term trajectory.
Over 1,700 fall ill after free school meals in Indonesia
More than 1,700 students and teachers reported food‑poisoning symptoms in three days, including 777 cases in Central Java and 950 elsewhere, as Indonesia's $12.94 billion nutrition program faces scrutiny.
U.S. plans to seek repayment from Europe for Ukraine aid, Trump says
White House signals demand for back payment on $100 billion-plus in U.S. weapons supplied to Ukraine under NATO-backed arrangements developed last year. Oil prices rise on regional tensions after U.S. strikes on Iran.
Canadian dollar strengthens to one-week high on Bank of Canada signals
Loonie gains 0.2% as BoC warns of rising inflation risks, while oil prices and policy divergence support the currency. Analysts see modest near-term weakness before rebound.
Dollar faces resistance at 100 as NFP looms, yields ease
The U.S. dollar index remains capped near 100 despite recent attempts to break higher, with Friday’s jobs report seen as a potential catalyst. Technical levels and Treasury yields are key to determining the next move.
Japan warns of persistent yen market risks amid heightened alert
Currency diplomat Atsushi Mimura signals continued vigilance over foreign exchange volatility without specifying targets.
Japan's top currency diplomat flags alert over yen gains
Japan's Vice-Minister of Finance warns of heightened vigilance as the yen extends gains, citing unease over recent market moves and interest rate speculation.
Japan's top currency diplomat flags ongoing yen concerns
Vice-minister of Finance for international affairs says authorities remain on high alert over foreign exchange developments, without specifying target levels.
Swiss franc strengthens after higher-than-expected Swiss inflation data
The Swiss franc surged after August inflation rose to a two-year high, while the euro and dollar weakened. Analysts see potential SNB tightening in December, though energy-driven price gains may limit immediate action.
Eledon submits IND to FDA for tegoprubart islet cell transplant study
U.S. biotech files application to test anti-CD40L antibody in type 1 diabetes patients undergoing pancreatic islet cell transplantation. Early trials show insulin independence in all 12 enrolled patients.
Putin sees Ukraine peace deal possible despite airspace dispute
Russian president cites support from U.S. and China for negotiations but warns Kyiv’s warnings to airlines complicate talks. Putin also discussed intelligence contacts with Trump administration.
USD/JPY slides as yen strengthens amid rate expectations and oil rises
The dollar fell to a two-month low against the yen as rate-hike bets firmed and oil prices pushed higher. Middle East tensions and U.S. jobs data loom.