Learn / Market News
Market News
View the daily news commentary to obtain insight on the financial markets.
EUR/USD stable near 1.1740 with Fed officials suggesting a pause in easing
December 12, 2025, 4:22:34 PM UTC
EUR/USD holds firm at around 1.1741 on Friday virtually unchanged, amid a parade of Federal Reserve officials crossing the wires, following last Wednesday's 25 basis points rate cut.
ReadGBP faces headwinds despite budget relief – Rabobank
December 12, 2025, 4:13:39 PM UTC
The Pound Sterling (GBP) remains under pressure heading into 2026 amid flat UK growth and the Bank of England’s ongoing easing cycle.
ReadCopper hits record near $12,000 – Commerzbank
December 12, 2025, 3:54:07 PM UTC
Copper prices surged to nearly $12,000 per ton following the Fed’s rate cut, up 36% year-to-date amid concerns that supply may lag rising demand.
ReadSilver hits record high at $64.3 – Commerzbank
December 12, 2025, 3:50:07 PM UTC
The price of Silver is currently skyrocketing. Yesterday, the price reached a new record high of $64.3 per ounce, Commerzbank's commodity analyst Carsten Fritsch notes.
ReadJPY softens ahead of BoJ policy decision – Scotiabank
December 12, 2025, 3:45:27 PM UTC
The Japanese Yen (JPY) is slightly weaker versus the US Dollar (USD), underperforming most G10 currencies, as markets await next week’s BoJ meeting where a 25bps rate hike is widely expected.
ReadWTI Price Forecast: Bearish technical setup keeps WTI capped below $60.00
December 12, 2025, 3:38:56 PM UTC
West Texas Intermediate (WTI) Crude Oil remains under pressure on Friday, with prices struggling to find traction as persistent oversupply concerns continue to dominate market sentiment.
ReadGold reclaims $4,300 on Fed rate cut tailwinds – Commerzbank
December 12, 2025, 3:34:18 PM UTC
Gold rose above $4,300 per ounce as the Fed delivered a widely expected 25bps rate cut, with Chairman Powell signaling that labor market weakness and tariffs may prompt further easing.
ReadGBP holds weekly gains despite modest pullback – Scotiabank
December 12, 2025, 3:30:40 PM UTC
The Pound Sterling (GBP) trades slightly lower but retains most of its weekly gains as UK data show mixed industrial performance and a wider trade deficit.
ReadCheaper European Gas diverts Qatari LNG toward India – Commerzbank
December 12, 2025, 3:20:51 PM UTC
Lower European Gas prices (TTF) are having an impact: according to an analysis of ship tracking data by Bloomberg, LNG shipments from Qatar have recently been diverted away from Europe to India, Commerzbank's Head of FX and Commodity Research Thu Lan Nguyen notes.
ReadEUR holds gains ahead of ECB meeting – Scotiabank
December 12, 2025, 3:20:06 PM UTC
The Euro (EUR) trades defensively after modest weekly gains versus the US Dollar (USD), with short-term rates and ECB messaging offering fundamental support.
ReadCAD hits strongest level since September – Scotiabank
December 12, 2025, 2:59:10 PM UTC
The Canadian Dollar (CAD) is extending its steady outperformance, backed by supportive rate differentials and a weakening US Dollar (USD) trend.
ReadIEA forecasts considerable but slightly smaller oversupply – Commerzbank
December 12, 2025, 2:50:55 PM UTC
The IEA now expects a smaller—but still hefty—Oil surplus in 2025, as softer OPEC+ output and firmer demand narrow the gap.
ReadUSD consolidates as markets await NFP – Scotiabank
December 12, 2025, 2:47:54 PM UTC
The US Dollar (USD) is broadly consolidating despite soft sentiment, with the Dollar Index (DXY) heading for a third straight weekly decline and mirroring its 2016–17 trajectory.
ReadFed’s Hammack: Committed to achieving Fed's 2% inflation target
December 12, 2025, 2:45:10 PM UTC
Federal Reserve (Fed) President of the Bank of Cleveland, Elizabeth Hammack, said on Friday that the lack of data during the shutdown made it harder to read inflation. She also said that she is very grateful that the government data returned.
ReadGBP/JPY stays firm near multi-year highs as focus shifts to BoE and BoJ decisions
December 12, 2025, 2:44:16 PM UTC
The British Pound (GBP) trades on the front foot against the Japanese Yen (JPY) on Friday, as the Yen struggles to gain traction despite growing expectations of a Bank of Japan rate hike next week.
ReadOil: US Crude production hits record high – Commerzbank
December 12, 2025, 2:29:19 PM UTC
The EIA projects US Crude production to peak at 13.87 million b/d in October before easing in 2026, while a global supply surplus of 2 million b/d is expected to push Brent prices down to $55.
ReadGold nears record highs as dovish Fed outlook underpins demand
December 12, 2025, 1:44:56 PM UTC
Gold (XAU/USD) extends its advance on Friday as expectations build for further monetary policy easing by the Federal Reserve (Fed) after this week’s interest rate cut. At the time of writing, XAU/USD is trading around $4,340, just shy of its all-time high near $4,381, marked on October 20.
ReadFed’s Paulson: Job market is bending, but not breaking
December 12, 2025, 1:40:40 PM UTC
Federal Reserve (Fed) Bank of Philadelphia President Anna Paulson said on Friday that the rate cuts have "taken out some insurance" against job market risks.
ReadUSD/CAD remains under pressure as markets digest BoC pause, Fed rate cut
December 12, 2025, 1:31:39 PM UTC
The Canadian Dollar (CAD) remains bid against the US Dollar (USD) on Friday, as markets continue to digest this week’s monetary policy decisions from the Bank of Canada (BoC) and the Federal Reserve (Fed).
ReadGermany Current Account n.s.a. dipped from previous €18.6B to €14.8B in October
December 12, 2025, 1:31:01 PM UTC
Germany Current Account n.s.a. dipped from previous €18.6B to €14.8B in October
ReadCanada Wholesale Sales (MoM) registered at 0.1% above expectations (-0.1%) in October
December 12, 2025, 1:30:32 PM UTC
Canada Wholesale Sales (MoM) registered at 0.1% above expectations (-0.1%) in October
ReadCanada Building Permits (MoM) above forecasts (-1.2%) in October: Actual (14.9%)
December 12, 2025, 1:30:05 PM UTC
Canada Building Permits (MoM) above forecasts (-1.2%) in October: Actual (14.9%)
ReadCanada Capacity Utilization below expectations (79.3%) in 3Q: Actual (78.5%)
December 12, 2025, 1:30:03 PM UTC
Canada Capacity Utilization below expectations (79.3%) in 3Q: Actual (78.5%)
ReadFed’s Goolsbee: Inflation has been above target for four and a half years
December 12, 2025, 1:25:13 PM UTC
Federal Reserve (Fed) Bank of Chicago President Austan Goolsbee said on Friday that waiting would have provided the benefit of the updated economic data, and most data show stable economic growth, with the labor market only moderately cooling.
ReadEUR/GBP remains stable as German inflation steadies, UK GDP weakens
December 12, 2025, 1:11:34 PM UTC
EUR/GBP trades without a clear direction on Friday, hovering around 0.8760 at the time of writing, with the pair remaining stable despite contrasting macroeconomic developments between the Eurozone and the United Kingdom.
ReadRussia Foreign Trade dipped from previous $13.595B to $11.143B in October
December 12, 2025, 1:03:06 PM UTC
Russia Foreign Trade dipped from previous $13.595B to $11.143B in October
ReadEUR/USD drifts away from multi-month highs with Fed speakers on focus
December 12, 2025, 1:00:16 PM UTC
EUR/USD is going through a moderate correction, trading at levels near 1.1720 on Friday after pulling back from more than two-and-a-half months' highs at 1.1762.
ReadUSD/JPY consolidates ahead of BOJ meeting – OCBC
December 12, 2025, 12:29:52 PM UTC
USD/JPY trades offered but lacks follow-through, as markets near full pricing of a 25bps BOJ hike on 19 December. Near-term support lies at 155.10–153.90, while any meaningful JPY recovery would require stronger guidance from the BOJ, fiscal prudence, and a softer USD.
ReadUSD edges higher as global equities hit record highs – BBH
December 12, 2025, 12:04:15 PM UTC
USD recovered some of yesterday’s losses and trading close to the middle of its range in place since June. The MSCI All Country World Index rallied to a record high yesterday underpinned by Fed easing and resilient global economic activity.
ReadUnited Kingdom NIESR GDP Estimate (3M): -0.1% (November) vs previous 0%
December 12, 2025, 12:02:39 PM UTC
United Kingdom NIESR GDP Estimate (3M): -0.1% (November) vs previous 0%
Read