Lallalit Srijandorn

Gold price edges lower to $3,335 in Monday’s Asian session.  Trump set a July 9 deadline for a trade deal with the European Union.  Renewed inflation concerns and recession fears might help limit the Gold’s losses.  The Gold price (XAU/USD) attracts […]

Iranian Foreign Minister Abbas Araghchi said on Friday that discussions with the United States (US) over its nuclear program were complicated as the fifth round of talks concluded in Rome. Araghchi further stated that the negotiations are too complicated to

Indian Rupee softens in Friday’s early European session.  Likely foreign outflows and a weaker US Dollar weigh on the INR.  Traders brace for Fedspeak later on Friday. The Indian Rupee (INR) trades in negative territory on Friday. Likely foreign outflows

Japan’s Economy Minister Ryosei Akazawa said on Friday that he intends to visit the US around May 30 for the fourth round of talks,  Reuters with the info citing unnamed sources.  During the trip, Akazawa aims to meet US Treasury Secretary

WTI price drifts lower to near $60.75 in Friday’s early Asian session.  Oil inventories rose by 1.328 million barrels in the week ended May 16, according to the EIA.  The US and Iran will hold fresh nuclear talks on Friday. 

Indian Rupee loses traction in Thursday’s early European session. The Indian HSBC Manufacturing PMI rose to 58.3 in May; Services PMI improved to 61.2 in May. The preliminary Indian HSBC PMI and US S&P PMI reports for May will be

USD/CAD trades in negative territory near 1.3855 in Thursday’s early Asian session.  Worries about a ballooning US deficit weigh on the US Dollar.  The advanced S&P Global Manufacturing and Services PMI reports will be closely watched later on Thursday.  The

NZD/USD drifts higher to around 0.5935 in Wednesday’s early Asian session, adding 0.18% on the day. New Zealand’s Trade Surplus climbs to NZ$1,426 million in April vs. NZ$794 million prior. The concerns over the US economy could drag the US

The People’s Bank of China (PBOC), China’s central bank, announced a cut in its Loan Prime Rates (LPRs) on Tuesday. The one-year LPR was cut from 3.1% to 3.00%, while the five-year LPR was cut from 3.60% to  3.50%.  Market reaction At the

USD/CAD weakens to around 1.3950 in Tuesday’s early Asian session. Moody’s downgrades the US credit rating to ‘AA1’, weighing on the US Dollar. A dovish turn from the BoC has fueled speculation of a June rate cut.  The USD/CAD pair