View:
November 30, 2025
FX Weekly Strategy: APAC, December 1st-5th
November 30, 2025 6:00 PM UTC
Risky currencies may struggle to rise further with S&P 500 approaching the highs
AUD still look good value relative to yield spreads
JPY could benefit from Ueda speech, and downside should be protected by intervention
GBP and EUR both look vulnerable
November 28, 2025
FX Weekly Strategy: December 1st-5th
November 28, 2025 4:36 PM UTC
Risky currencies may struggle to rise further with S&P 500 approaching the highs
AUD still look good value relative to yield spreads
JPY could benefit from Ueda speech, and downside should be protected by intervention
GBP and EUR both look vulnerable
Canada Q3 GDP rebounds as imports plunge but domestic demand marginally negative
November 28, 2025 2:14 PM UTC
Canada’s 2.6% annualized increase in Q3 GDP id sharply higher than expected though the surprise comes largely from a sharp fall in imports. Domestic demand was almost unchanged with a 0.1% annualized decline. September GDP grew by 0.2% on the month, but the preliminary estimate for October is weak
China’s Hidden Gold Buying: Why?
November 28, 2025 1:05 PM UTC
Speculation has been growing in the gold market that the surge in unrecorded gold purchases could be linked to China.
Overall, some unreported buying of gold by China could have occurred in 2025 and also in 2022-24. This could be a combination of wanting to avoid upsetting Trump during a tense U.S.-C