
EBC Markets Briefing | Bullion down as Treasury yields kept climbing
Gold prices dipped Monday as the drag from a robust US dollar and climbing Treasury yields was completely countered by growing market confidence that the Fed will hold interest rates steady this month. According to Barclays Capital, the US 30-year yield has room to climb to 6%. The report explains t
EBC Markets Briefing | Junk bonds highly vulnerable to perpetual wars
Putin congratulated Iranian leaders on Nowruz and said Moscow remained a loyal friend and reliable partner to Tehran, the Kremlin said on Saturday. The military axis comes is deepening given their plight. According to a BBC report, Ukraine has embarked on a massive programme to deploy armed robots
EBC
EBC Markets Briefing | Global car industry in crosshairs of energy crunch
Chinese carmakers grabbed another record share of Europe's car market last month, luring buyers still wary about going fully electric with more affordable hybrid vehicles. One in four sales of all hybrids sales in the region are Chinese brands, according to Dataforce. Hybrids are an EV stepping-ston
EBC
EBC Markets Briefing | Wall St edged up but rate hike cycle weighs
The S&P 500 ended marginally up on Friday after US and Iranian negotiators were exploring a phased path out of war. Despite that, Iran will make no nuclear concessions, Iranian official says. US stocks historically experience a period of weakness whenever the Fed begins a new cycle of interest r
EBC
EBC Markets Briefing | Euro muted as natural gas shock deepens
The euro is hovering near its lowest point of the year on Wednesday. This weakness is being driven by a twin crisis—a global energy shock and mounting political instability across Europe. German Chancellor Friedrich Merz faces political pressure to scale back promised reforms following far-right sta
EBC Markets Briefing | Aussie dollar under pressure ahead RBA meeting
The Australian dollar stays at a nearly 2-month low Tuesday as markets doubted that renewed efforts to end the Iran war would get anywhere after Trump rejected Tehran's ceasefire proposal. Australia's unemployment rate unexpectedly climbed to a five-year high in August, despite a solid rebound in jo
EBC Markets Briefing | European stocks bullish despite prospect of rate hikes
European stocks ended slightly higher on Tuesday as market watchers monitored unfolding US-Iran tensions for potential impacts on oil prices and market sentiment. Germany's top economic institutes have doubled their 2026 growth forecast to 1.3% and raised projections for 2027, according to sources.
EBC
EBC Markets Briefing | Crude prices lower on unexpected rise in US inventory
Oil prices slid on Thursday though Asia's imports of crude oil rose in September to the highest level since the start of the Iran war. Pezeshkian said on Wednesday that Tehran would never surrender to the US but still believes in diplomacy. On Tuesday, Trump used a speech at the same forum to make h
EBC
EBC Markets Briefing | China AI divergence: onshore boom vs offshore tech lag
Mainland Chinese and Hong Kong stocks rallied this week after the US and China agreed to hold further talks on AI. The Trump administration maintains export controls on the most advanced chips to Beijing. Investors seeking to diversify beyond crowded AI trades in Korea and Japan are increasingly sei
EBC
EBC Markets Briefing | Yen eases on widening trade surplus
The Japanese yen weakened n Tuesday as traders bet that Japan will fall behind a global shift toward higher interest rates, maintaining a wide yield gap with international central banks. Markets are currently pricing in a 30% probability that the BOJ will hike its interest rate to 1.5% in October, w
