Explore the world.

Assess underlying market conditions and fundamentals in the world's major economies.

World
Global
Americas
United States
Canada
Mexico
Europe
Euro Area
United Kingdom
Asia Pacific
China
Japan
Australia

Stay ahead.

Follow the biggest stories in markets and economics in real time.

Analysis
Blog
Views
Calendar

Subscribe

Get insight into the latest trends and developments in global currency markets with breaking news updates and research reports delivered right to your inbox.

After signing up, you will receive regular newsletters from Corpay, and may unsubscribe at any time. View Corpay’s Privacy Policy

USD

29 Oct 2025

‘Perfect storm’ boosts currencies and risk assets

A confluence of positive catalysts is lifting risk-sensitive currencies and asset prices this morning. The Federal Reserve is widely expected to deliver a quarter-point rate cut and bring its quantitative-tightening programme to an end this afternoon. According to the Wall Street Journal, President Trump is weighing a reduction in tariffs on Chinese imports, and market sentiment has been further buoyed by gains in the world’s most valuable company after Trump said he would discuss Nvidia’s Blackwell artificial-intelligence chips with Xi Jinping at their meeting tomorrow. Equity futures are climbing ahead of the open, ten-year Treasury yields are anchored below the...

Read More Read More
28 Oct 2025

AUD: worrisome inflation trends

So much for the inflation dragon being slayed. The Q3 Australian CPI data was a jolt to the system. Headline inflation rose 1.3% in Q3 to be 3.2% higher compared to a year ago, while the trimmed mean (the RBA’s preferred gauge which gives a better guide to inflation persistence) rose 1% in the quarter or 3%pa. Inflation momentum has turned up with 3-month and 6-month annualised run-rates at levels that haven’t been seen since H1 2024 (chart 1). On our figuring a slightly greater share of the CPI basket is also rising by 3%pa or more. The Q3 CPI...

Read More Read More
28 Oct 2025

Australian inflation on the radar

• Positive vibes. Gains across the tech-sector pushed US equities to record highs. Base metals rose. AUD outperforms ahead of AU CPI data.• AU inflation. Q3 CPI due today. Acceleration in core inflation forecast. RBA rate cut expectations have been pared back. This might have further to go.• US Fed. Another US Fed rate cut anticipated tomorrow morning. Guidance will be important. USD volatility likely around the event given what is priced in. Global Trends The upbeat tone in risk assets extended overnight. Gains across the tech-sector (NASDAQ +0.8%) pushed US equities to fresh record highs (S&P500 +0.2%) with solid...

Read More Read More
27 Oct 2025

Trade optimism boosts major currencies against the dollar

Global financial markets are starting the week on a buoyant note, with risk-sensitive assets climbing amid hopes of a more lasting thaw in US-China trade relations. The dollar is retreating, benchmark Treasury yields are pushing lower, and equity futures are rising after negotiators on both sides said they had made significant progress on issues including tariffs, fees, and export controls in the weekend’s bilateral discussions in Kuala Lumpur. Treasury Secretary Scott Bessent noted that a “very successful framework” had been established ahead of this week’s meeting between President Trump and Xi Jinping. The Canadian dollar is—somewhat counter-intuitively—pushing higher even after...

Read More Read More
26 Oct 2025

Positive risk vibes

• Upbeat tone. Softer US inflation, solid PMIs & positive US/China trade talks support risk sentiment. Equities rose. AUD & NZD strengthen.• US Fed. Upside US inflation risks fading while downside jobs risks rising. US Fed looks set to cut rates this week & should keep door open to more.• AU inflation. Gov. Bullock speaks tonight, Q3 CPI due Weds. Monthly data points to uptick in Q3 inflation. RBA rate cut pricing may be pared back. Global Trends A combination of factors underpinned risk sentiment at the end of last week and in this morning’s early Asian trade. US and...

Read More Read More

About

Contact

Data and information on this website is provided “as is” and for informational purposes only. Information on the website does not bind Corpay in any way; nor is it not intended as advice, a recommendation or an offer or solicitation for the purchase or sale of any financial products. Data and other information are not warranted as to completeness or accuracy and are subject to change without notice. All charts or graphs are from publicly available sources, or our proprietary data. Nothing in this material should be construed as investment, financial, tax, legal, accounting, regulatory or other advice or as creating a fiduciary relationship. Corpay disclaims any responsibility or liability to the fullest extent permitted by applicable law, for any loss or damage arising from any reliance on our use of the data in any way. You should contact your Corpay sales representative for clarification on the range of financial instruments available in your jurisdiction. Copyright Cambridge Mercantile Corp. 2022.