Asia equities: Constructive outlook with AI tailwinds – HSBC

HSBC Asset Management highlights strong recent gains in Asia Pacific stocks excluding Japan and argues that regional fundamentals are now driving performance. The report cites macro reforms, derisked economies, resilient domestic demand and Asia’s central role in the global tech and AI supercycle.

EUR/GBP Price Forecasts: Dips below 0.8700 with bulls losing steam

The Euro (EUR) extends losses below 0.8700 against the British Pound (GBP) on Monday, approaching the bottom of last week’s trading range, at 0.8685, after being rejected from the top of the broader downtrend channel, which now lies around 0.8720.

JPY: Political shift stabilizes currency – DBS

DBS Group Research’s Philip Wee argues that the Japanese Yen, previously Asia’s top underperformer, has regained stability after Prime Minister Sanae Takaichi’s landslide snap‑election victory.

Gold sticks to intraday losses; lacks follow-through as Fed rate cut bets undermine USD

Gold (XAU/USD) remains depressed through the early European session on Monday, though it has managed to rebound from the daily trough and currently trades around the $5,000 psychological mark.

NZD/USD consolidates around 0.6040, RBNZ policy comes into spotlight

The NZD/USD pair trades in a tight range around 0.6040 during the European trading session on Monday. The Kiwi pair consolidates as investors await the interest rate decision by the Reserve Bank of New Zealand (RBNZ) on Wednesday.