Commerzbank
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Oil: Ceasefire hopes push Brent to six-month low – Commerzbank
Renewed optimism over a Russia-Ukraine ceasefire weighed on the Oil market yesterday. ICE Brent settled a little more than 0.9%…
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AUD: RBA holds cash rate at 3.6% as expected – Commerzbank
The Reserve Bank of Australia (RBA) kept its cash rate at 3.6%, with Governor Bullock ruling out near-term cuts, prompting the Australian…
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GBP/USD: Starmer backs Reeves amid budget controversy – Commerzbank
Prime Minister Keir Starmer defended Chancellor Rachel Reeves and the Office for Budget Responsibility after a premature report release, stressing…
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Swiss Q3 GDP contracts 0.5% amid tariff pressures – Commerzbank
The final Swiss growth figures for the third quarter, published on Friday, were ultimately as poor as the initial estimate…
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FOMC deeply divided over timing of December rate cut – Commerzbank
Fed Chair Jay Powell had already indicated in the last meeting: The Federal Open Market Committee (FOMC) is currently deeply divided…
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JPY: Under political pressure – Commerzbank
The Japanese Yen (JPY) continued to depreciate steadily over the last few days, reaching its weakest level against the US…
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HUF: Rate hold continues – Commerzbank
The Hungarian National Bank (MNB) is widely expected to leave its base rate unchanged at 6.50% at today’s meeting, continuing…
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USD: Is reason now taking hold? – Commerzbank
US inflation is likely to fall next autumn. On Friday, the White House announced another initiative aimed at mitigating the…
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NOK suffers more from risk aversion than SEK – Commerzbank
Analysts note that while both Scandinavian currencies are sensitive to risk sentiment, the Norwegian krone consistently shows a stronger negative…
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GBP: British labor market sends out warning signals again – Commerzbank
The British Chancellor of the Exchequer was probably hoping for a better labour market report that indicates that the underlying…
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