Tuesday, 19 March 2024
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--

STERLING,

Dollar Advances as US Inflation Data Weighs on Rates Outlook
Friday, 15 March 2024 15:52 WIB | Us dollar

The dollar was firm on Friday and set to snap a three-week losing streak as hotter-than-expected U.S. inflation data stoked worries about when and by how much the Federal Reserve would start cutting interest rates this year. Data on Thursday showed the U.S. producer price index for final demand...


Currency Market Subdued Ahead of fresh US Economic Data
Thursday, 14 March 2024 15:03 WIB | Us dollar

The currency market was sedate on Thursday, with the U.S. dollar consolidating against major peers as market players awaited more data out of the world's largest economy for clues on the direction of Federal Reserve policy. Tuesday's hotter-than-expected U.S. consumer price index (CPI) has...


Sterling Rise Runs Out of Steam on Cautious Risk Picture
Thursday, 29 February 2024 01:40 WIB | Gbp/usd

The British pound slipped against the stronger dollar, its first daily drop against the U.S. currency in seven trading days, with investors avoiding risks before key inflation data that could determine when central banks begin easing policy. Thursday brings the release of the U.S. personal...


Sterling Little Changed Ahead of US Economic Data
Wednesday, 28 February 2024 02:03 WIB | Gbp/usd

The pound was little changed against the dollar after five straight daily gains, but volatility was low as markets awaited U.S. economic data later in the session, which could affect expectations for the Federal Reserve policy path. Investors were still focused on market pricing for future rate...


Sterling dips as data shows UK entered recession in H2 2023
Thursday, 15 February 2024 21:46 WIB | Gbp/usd

Sterling eased on Thursday after data showed the UK economy entered recession in the second half of 2023. The pound was last down 0.06% at $1.25580 from $1.268 right before the data. Britain's economy shrank by 0.3% in the three months to December, entering a recession in the second half of 2023...


Sterling Holds Near Four-Month High on Euro on Positive Economic Signals
Friday, 26 January 2024 02:13 WIB | Gbp/usd

Sterling Bertahan di Dekat Tertinggi Empat Bulan Terhadap Euro ditengah Sinyal Ekonomi Positif The pound on Thursday held onto its gains from the previous day against the euro and the dollar on the back of stronger British business activity data than across the channel, but the approaching...


Sterling Sparkles as UK Business Activity Overtakes Euro Zone
Thursday, 25 January 2024 02:36 WIB | Gbp/usd

The pound was one of the standout performers against the dollar on Wednesday, after a survey showed business activity in the UK is outpacing that of major European economies, thereby adding to the case for British rates to stay higher for longer. The preliminary S&P Global/CIPS UK Composite...


Pound Rises After British Inflation Climbs for First Time in 10 Months
Wednesday, 17 January 2024 22:02 WIB | Gbp/usd

The pound rose on Wednesday after data showed Britain's annual rate of consumer inflation increased in December for the first time in 10 months and came in higher than expected, challenging expectations that Bank of England rate cuts are near. Sterling was last up 0.1% at $1.2650, having been...


Dollar Holds Steady as Risk Rally Stalls
Wednesday, 3 January 2024 20:33 WIB | Us dollar

The dollar eased slightly on Wednesday though it stayed near a two-week high, underpinned by a confluence of factors including elevated U.S. Treasury yields and a cautious turn in risk sentiment that weighed on Wall Street. Trading was thinned in Asia with Japan out on a holiday, with the...


Sterling Steady as Traders Mull Deficit, Cooling Inflation
Friday, 22 December 2023 01:46 WIB | Gbp/usd

Sterling was flat against the dollar on Thursday as traders digested the latest snapshot of the UK budget deficit, while Wednesday's cooler-than-expected November inflation print continued to sink in. At 1055 GMT, sterling was unchanged against the dollar at $1.26390. Figures on Thursday showed...


GBP/USD Consolidates Gains Around The Mid-1.2700s Ahead Of UK, US PMI Data
Friday, 15 December 2023 15:19 WIB | Gbp/usd

The GBP/USD pair consolidates its gains around 1.2755 after retracing from 1.2793, the highest level since August during the early Asian session on Friday. The hawkish bias from the Bank of England (BoE) lends some support to the British Pound and lifts the GBP/USD pair. As widely expected, the...


Sterling Falls After Data Shows UK Economy Shrank In October
Wednesday, 13 December 2023 21:08 WIB | Gbp/usd

The pound fell on Wednesday, after data showed the UK economy shrank in October, which could strengthen the case for the Bank of England to signal at its meeting this week that it may cut interest rates sooner than many currently believe. The Office for National Statistics said UK gross domestic...


Sterling Rises Ahead of Data-Heavy Run Up to BoE Meeting
Tuesday, 12 December 2023 02:23 WIB | Gbp/usd

Sterling rose against the dollar on Monday as traders geared up for a busy week of data releases and central bank meetings including at the Bank of England (BoE). At 1138 GMT, sterling was up 0.24% against the dollar at $1.2578. The BoE will meet on Thursday for its final policy meeting of 2023....


Sterling heads for weekly dive versus robust yen
Friday, 8 December 2023 23:16 WIB | Gbp/usd

The pound closed in on its largest weekly fall against the yen in a year on Friday, driven by a strong cash flow into the Japanese currency after authorities in Tokyo hinted at a long-awaited change in monetary policy. Sterling is also heading for its worst weekly performance against the dollar...


Sterling Eases After Cooler British Inflation Data
Thursday, 16 November 2023 01:51 WIB | Gbp/usd

Sterling eased on Wednesday after data showed British inflation cooled more than forecast in October, reinforcing expectations that the Bank of England (BoE) will be cutting interest rates by the middle of next year. The British consumer price index (CPI) rose by 4.6% in the 12 months to October,...


Sterling Edges Up vs Euro as BoE Says Policy Needs to Stay Restrictive
Friday, 10 November 2023 01:34 WIB | Gbp/usd

The pound edged up against the euro on Thursday after Bank of England (BoE) policymakers, including Chief Economist Huw Pill, reiterated policy will need to remain restrictive for some time. "We need a persistent level of restriction over the next extended period," Pill said. Earlier this week,...


Sterling Drops, Timing of BoE Rate Cuts in Focus
Thursday, 9 November 2023 01:14 WIB | Gbp/usd

The pound weakened against the dollar and euro on Wednesday, as markets continued to digest remarks from the Bank of England's chief economist that interest rate cuts could come around the middle of 2024. The pound was last down 0.4% against the dollar at $1.2251, and off a near two-month high of...



Sterling Falls Versus Dollar But Not Far From 1 ½ Week High
Monday, 9 October 2023 23:18 WIB | Gbp/usd

Sterling fell against a strengthening dollar on Monday but was still within striking distance of last week's 1-1/2 week high as recent economic data provided some reason for optimism about the UK's economic outlook. The safe-haven dollar rose as increased violence in the Middle East spooked...


Pound Gains as Dollar Takes a Breather
Thursday, 5 October 2023 01:03 WIB | Gbp/usd

The pound rose against the dollar for the first time in almost a week on Wednesday, in line with a retreat in the U.S. currency, and after a survey showed UK business activity was less subdued than initially feared in September. The final reading of S&P Global UK Services Purchasing Managers'...



Market Review Monday, March 18, 2024
Tuesday, 19 March 2024 03:17 WIB

Nikkei Tokyo shares closed sharply higher Monday as investors cheered the yen's slide with their eyes on a possible interest rate hike from the...

China's Growth Beats Estimates as Production, Investment Rev Up
Monday, 18 March 2024 09:29 WIB

China's factory output and investment grew more strongly than expected at the start of the year, as Beijing targets an ambitious annual economic...

Stock futures climb as investors await fresh Fed guidance
Monday, 18 March 2024 16:29 WIB

Stock futures were climbed on Monday morning, as Wall Street awaits guidance on monetary policy from the Federal Reserve this week. Futures tied to...

Stocks Rebound After Two Weeks of Losses as Nvidia-Led AI Rally Resumes
Monday, 18 March 2024 23:10 WIB

Stocks rose Monday, led by gains in Nvidia, as Wall Street awaited a key artificial intelligence conference and looked ahead to monetary policy...

Korea Selatan UK Unemployment Rubel, Penjualan Euro zone, Philadelphia Harga produsen, Nikkei indeks SP/ASX 200 Payroll AS SahamHongkong Gas Non manufaktur Minyak Mentah Yuan UK Manufacturing