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NAB Announces 'Meaningful' Upgrades to U.S. Dollar Outlook — Market Talk

The National Australia Bank has made "meaningful" upward revisions to its U.S. dollar projections across all major currencies, having earlier been hesitant to make changes due to the "fog of war." The key driver of the revisions is that the U.S. economy is proving much more resilient than anticipat…

Dow Jones Newswires en
Forex
dow-jones

Canada, Alberta Agree to Back New Crude Pipeline to Pacific Coast — Update

By Paul VieiraOTTAWA--The Canadian federal government and the oil-rich province of Alberta agreed Thursday to support a new crude-carrying pipeline that aims to carry about one million barrels of oil daily to the Pacific coast via southwest British Columbia.Prime Minister Mark Carney added that Ott…

Dow Jones Newswires en
Futures
NEWS dow-jones

Japan Finance Minister Sends Fresh Warning Against Forex Speculators

By Megumi FujikawaTOKYO--Japan's Finance Minister fired off yet another verbal warning to currency speculators, reaffirming her readiness to take action to prop up the yen."Our stance remains unchanged. We stand ready to take appropriate action at any time as needed," Satsuki Katayama said at a pre…

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Forex
NEWS dow-jones

Gold Likely Remains Valid Target for Asset Diversification in Medium Term — Market Talk

Gold's medium-term role as a target for asset diversification remains valid, but its price is likely to be weighed by a tougher macroeconomic backdrop, say OCBC Group Research strategists in a note. The yellow metal's demand is likely to be anchored by the official sector, with central banks indica…

Dow Jones Newswires en
EconomyFutures
dow-jones

Canada, Alberta Agree to Back New Crude Pipeline to Pacific Coast

By Paul VieiraOTTAWA--The Canadian federal government and the oil-rich province of Alberta agreed Thursday to support a new crude-carrying pipeline that aims to carry about one million barrels of oil daily to the Pacific coast via southwest British Columbia.Prime Minister Mark Carney added that Ott…

Dow Jones Newswires en
Futures
dow-jones

Payments Provider Zip Could Be About to Re-Rate — Market Talk

With shares of its U.S.-listed peers rising, Australian payments provider Zip could be set for a re-rate, according to its bull at Unified Capital Partners. Analyst Jonathan Higgins reckons that Zip is now the cheapest of the so-called buy-now-pay-later providers and has the potential to rally mate…

Dow Jones Newswires en
StocksAUUS
dow-jones

Canada, Alberta Agree to Back New Crude Pipeline to Pacific Coast

By Paul VieiraOTTAWA--The Canadian federal government and the oil-rich province of Alberta agreed Thursday to support a new crude-carrying pipeline that aims to carry about one million barrels of oil daily to the Pacific coast via southwest British Columbia.Prime Minister Mark Carney added that Ott…

Dow Jones Newswires en
Futures
NEWS dow-jones

Japan MOF To Auction Y3.8T Of TD-Bills Jul 10

TOKYO--Japan's Ministry of Finance said Friday it plans to auction Y3.8 trillion of treasury discount bills on Jul. 10, 2026. Issue TD-Bill Auction Date Jul 10, 2026 Settlement Date Jul 13, 2026 Maturity Date Oct 13, 2026 Offer Amount…

Dow Jones Newswires en
Bonds
NEWS dow-jones

Japan Offering Y3.8T Of TD-Bills (No 1391)

TOKYO--Japan's Ministry of Finance said Friday it is auctioning Y3.8 trillion of treasury discount bills. Issue TD-Bill (Number 1391) Settlement Date Jul 6, 2026 Maturity Date Oct 5, 2026 Offer Amount Y3.8 Trillion This cont…

Dow Jones Newswires en
Bonds
dow-jones

Australian Dollar Outlook Bleak With RBA Set to Cut in 2027, Says NAB — Market Talk

The National Australia Bank has adopted a bearish outlook for the Australian dollar in 2027 based on a view that the Reserve Bank of Australia will cut the official cash rate 75 bps starting in 2Q 2027. NAB now forecasts the Aussie dollar-U.S. dollar pair will end 2027 at 0.6700, from its previous…

Dow Jones Newswires en
EconomyForex