Current news is English only but we will be adding multilingual news - check back soon.
AUD/USD rebounds to near 0.6040 as China vows stimulus to support economy
AUD/USD rebounds to near 0.6040 as China vows stimulus to support economy
The AUD/USD pair bounces back to near 0.6040 in Monday’s European session from the fresh five-year low of 0.5930 posted earlier in the day.
Recession
RBA
China
TradeWar
AUDUSD
10-year yields back up to 4% ahead of US trading
10-year yields back up to 4% ahead of US trading
The risk mood is picking up on the day, at least for now
market overview
Oil: There's nobody around to catch a falling oil price – Danske Bank
Oil: There's nobody around to catch a falling oil price – Danske Bank
The oil price sell-off has accelerated since Friday as the trade war deepened and the risk of a recession in the US rose, Danske Bank's FX analyst Frederik Romedahl reports.
Oil
OPEC
Banks
Energy: Oil pricing in big demand hit – ING
Energy: Oil pricing in big demand hit – ING
Oil prices have had their worst week since October 2023, with risk assets getting hit by US President Donald Trump’s reciprocal tariffs and the retaliation we have started to see towards them. China retaliated on Friday with a 34% tariff on all imports from the US.
Oil
Energy
Commodities
Banks
NOK: Vulnerable to the liquidity shock – ING
NOK: Vulnerable to the liquidity shock – ING
After the Australian dollar, the Norwegian krone has been the worst-performing G10 currency over the last week, ING's FX analyst Chris Turner notes.
Technical Analysis
EURNOK
Banks
USDNOK
Gold softer as markets test chances for more rate cuts from the Fed
Gold softer as markets test chances for more rate cuts from the Fed
Gold price (XAU/USD) is facing again some selling pressure towards the American trading session, trading at $3,025 at the time of writing on Monday after falling 2% intraday in early trading as the trade war spirals out of control.
TradeWar
UnitedStates
SEO
Gold
Commodities
US/global recession risk drive the USD/CAD for now – Danske Bank
US/global recession risk drive the USD/CAD for now – Danske Bank
USD/CAD had an eventful start to April, dropping to the 1.40 level following broad USD weakness sparked by Trump's tariffs on Liberation Day, Danske Bank's FX analyst Frederik Romedahl reports.
Canada
BOC
USDCAD
Banks
US futures nudge higher but be wary of this Dimon headline
US futures nudge higher but be wary of this Dimon headline
S&P 500 futures are paring losses down to 2% now
Stocks
USD: Too much baggage – ING
USD: Too much baggage – ING
Weekend press reports and TV interviews suggest US President Donald Trump is not yet ready to be swayed from his mission to reset the global trading system.
Technical Analysis
Banks
DollarIndex
Recent tariffs will likely increase inflation - Jamie Dimon
Recent tariffs will likely increase inflation - Jamie Dimon
JP Morgan CEO, Jamie Dimon, remarks in his annual letter to shareholders
EUR/USD to trade at 1.11 in a month – Danske Bank
EUR/USD to trade at 1.11 in a month – Danske Bank
We are revising our EUR/USD forecast higher to reflect a material shift in the structural drivers, Danske Bank's FX analyst Frederik Romedahl reports.
Technical Analysis
EURUSD
Banks
Italy suggests EU could postpone initial counter-tariffs against US to April 30
Italy suggests EU could postpone initial counter-tariffs against US to April 30
Italy Foreign Minister says that EU could postpone retaliatory tariffs against US to April 30 from April 15
market overview
EUR/USD declines as US signals 90-day pause in execution of Trump tariffs
EUR/USD declines as US signals 90-day pause in execution of Trump tariffs
EUR/USD recovers some intraday losses to near 1.0940 during North American trading hours on Monday after sliding around 1.0880 earlier in the day. The major currency pair is still down almost 0.25%, at the time of writing, as the US Dollar (USD) gains after recovering losses.
ECB
EURUSD
TradeWar
Fed
SEO
Gold prices collapse with the rest of the metal complex – ING
Gold prices collapse with the rest of the metal complex – ING
Gold prices tumble from record highs from earlier last week, ING's commodity experts Ewa Manthey and Warren Patterson note.
Metals
Gold
Commodities
Banks
Irisih Trade Minister Harris: EU has been very clear it is up for a deal
Irisih Trade Minister Harris: EU has been very clear it is up for a deal
Ireland's Trade Minister Simon Harris said on Monday that “the European Union (EU) has been very clear it is up for a deal.”
TradeWar
Eurozone
Ireland
GBPUSD
Metal markets collapse on global growth fears – ING
Metal markets collapse on global growth fears – ING
Metal markets collapsed on Friday as Trump’s escalating trade war continues to fuel concerns about global growth and the demand outlook for raw materials, ING's commodity experts Ewa Manthey and Warren Patterson note.
Metals
Copper
Commodities
Banks
EUR: Caught in the middle – ING
EUR: Caught in the middle – ING
EUR/USD has retreated from its spike high to 1.1140 but remains in demand, ING's FX analyst Chris Turner notes.
Technical Analysis
EURUSD
Banks
Ireland's trade minister Harris: The EU has been very clear it is up for a deal
Ireland's trade minister Harris: The EU has been very clear it is up for a deal
Comments from Ireland's trade minister Simon Harris
market overview
Elon Musk posted a video on X about Milton Friedman arguing against tariffs
Elon Musk posted a video on X about Milton Friedman arguing against tariffs
Elon Musk is pushing for lower tariffs for everyone
market overview
Silver price today: Silver rises, according to FXStreet data
Silver price today: Silver rises, according to FXStreet data
Silver prices (XAG/USD) rose on Monday, according to FXStreet data.
Silver
Commodities
Metals
Eurozone Retail Sales jump 2.3% YoY in February vs. 1.8% expected
Eurozone Retail Sales jump 2.3% YoY in February vs. 1.8% expected
The Eurozone’s retail sales rose 2.3% over the year in February, following a revised 1.8% growth in January, according to official data released by Eurostat on Monday. The data outpaced the market expectations for a 1.8% print.
EURUSD
Eurozone
RetailSales
EconomicIndicator
Weekly Market Outlook (07-11 April)
Weekly Market Outlook (07-11 April)
The highlights include the RBNZ decision, the US CPI, the US Jobless Claims and the UMich survey but the focus will remain on tariffs and potential deals ahead of the April 9 deadline.
market overview
Eurozone February retail sales +0.3% vs +0.4% m/m expected
Eurozone February retail sales +0.3% vs +0.4% m/m expected
Latest data released by Eurostat - 7 April 2025
Gold is not a safe haven during aggressive stock market selloffs
Gold is not a safe haven during aggressive stock market selloffs
Gold is generally regarded as safe haven during turbulent times, but history says otherwise
Eurozone Sentix Investor Confidence slumps to -19.5 in April
Eurozone Sentix Investor Confidence slumps to -19.5 in April
Investor sentiment in the Eurozone deteriorated in April, with the Sentix Investor Confidence Index dropping sharply to -19.5 from -2.9 in March.
Sentiment
Eurozone
EconomicIndicator
Pound Sterling slumps as Trump tariffs send shockwaves to global economy
Pound Sterling slumps as Trump tariffs send shockwaves to global economy
The Pound Sterling (GBP) gives up its intraday recovery move and tumbles to near 1.2800 against the US Dollar (USD) during Monday’s North American session, the lowest level seen in a month.
TradeWar
Fed
SEO
BOE
GBPUSD
Palladium price today: Rare metals advance at the start of the European session
Palladium price today: Rare metals advance at the start of the European session
Platinum Group Metals (PGMs) trade with a positive tone at the beginning of Monday, according to FXStreet data.
Platinum
Palladium
Commodities
The markets bet on a May Fed cut despite Powell saying no
The markets bet on a May Fed cut despite Powell saying no
Traders are stepping up bets for more easing from the global central banks amid the recessionary fears and the stock markets selloff
market overview
Crude oil price today: WTI price bearish at European opening
Crude oil price today: WTI price bearish at European opening
West Texas Intermediate (WTI) Oil price advances on Monday, early in the European session.
Oil
WTI
Commodities
The VIX clips 60 as market volatility and uncertainty surges further to start the week
The VIX clips 60 as market volatility and uncertainty surges further to start the week
This is the first time it hits above 60 since 5 August last year
market overview
China’s Foreign Ministry: Threats and pressure are not the right way to deal with China
China’s Foreign Ministry: Threats and pressure are not the right way to deal with China
Speaking on US tariffs, the Chinese Foreign Ministry stated on Monday, “threats and pressure are not the right way to deal with China.”
China
TradeWar
UnitedStates
AUDUSD
Traders move to price in five Fed rate cuts for the year now
Traders move to price in five Fed rate cuts for the year now
The odds of a May rate cut have moved up to ~61%
EUR/INR today: Indian Rupee cross rates edge higher at the start of the European session
EUR/INR today: Indian Rupee cross rates edge higher at the start of the European session
Indian Rupee (INR) crosses trade on the front foot at the beginning of Monday, according to FXStreet data.
India