Commerzbank’s Dr. Jörg Krämer argues that high energy prices will continue to weigh on the German economy in the second half of 2026, limiting full-year growth to 0.6%. He notes that the strong Ifo business climate read…
Read more →EUR/USD trades lower near the 1.1370 area on Monday, surrendering earlier gains as investors remain cautious ahead of key Eurozone growth figures and the Federal Reserve’s (Fed) monetary policy decision.
Read more →The Dow Jones Industrial Average (DJIA) trades near 52,200, up around 250 points, on Monday after a session that handed it the month's cleanest bullish catalyst and then took most of it back. The peace bid carried the i…
Read more →The Pound Sterling retreats by 0.13% even though the Greenback is flat during the day. Risk appetite shifted sour on news that a Chinese state-backed company is producing chipmaking machines, prompting a sell-off in ASM…
Read more →USD/CHF climbs to fresh highs since June 2025 on Monday after Bloomberg reported that the Swiss National Bank (SNB) could keep its policy rate at zero until the end of 2027. The SNB later declined to comment on the repo…
Read more →USD/JPY edges lower on Monday and trades around 163.70 at the time of writing, down 0.09% on the day, as the US Dollar (USD) comes under pressure from improving risk sentiment following the latest geopolitical developme…
Read more →Commerzbank’s Charlie Lay notes Monetary Authority of Singapore (MAS) unexpectedly tightened policy for a second meeting, slightly increasing the Singapore Dollar (SGD) Nominal Effective Exchange Rate (NEER) slope and s…
Read more →AUD/USD retreats to 0.6990 on Monday, though still up on Friday's close, after briefly rising as high as 0.7011 during the Asian session as investors prepare for key Australian inflation data and the Federal Reserve’s i…
Read more →USD/CAD edges higher on Monday, paring earlier losses as the US Dollar (USD) rebounds after opening the week with a bearish gap. The Greenback initially weakened as a temporary pause in attacks between the United States…
Read more →ING’s James Smith expects the Bank of England to keep rates on hold on 30 July and sees a prolonged pause extending through 2026. New forecasts are likely to show UK inflation peaking near 3%, below the 4% level seen as…
Read more →West Texas Intermediate (WTI) US Oil extends its decline on Monday, trading around $82.60 per barrel at the time of writing, down 7.4% on the day. Crude Oil opened the week with a sharp bearish gap after the United Stat…
Read more →BNP Paribas strategists expect United Kingdom (UK) growth to slow to 1% in 2026 from 1.3% in 2025, with renewed inflation pressures from the war in Iran pushing inflation to 3.2%. They now anticipate a 25 bp Bank of Eng…
Read more →Brown Brothers Harriman’s (BBH) Elias Haddad notes that Eurozone leading indicators, including Germany’s IFO, Purchasing Managers’ Index (PMI) and ZEW, point to improving activity. With inflation still above target, Had…
Read more →Beijing is selling clean energy to the world, Washington is pushing oil and gas. Both are driven by national security.
Read more →Legend Biotech (NASDAQ: LEGN) announced that Ying Huang, Ph.D., has stepped down as Chief Executive Officer and as a member of the Board of Directors, effective July 24, 2026. Dr. Huang will remain as an advisor through…
Read more →New orders for manufactured Durable Goods in the United States (US) rose by $1.1 billion, or 0.3%, to $334.8 billion in June, the US Census Bureau announced on Monday. This reading followed a 4% decline recorded in May …
Read more →GBP/JPY edges lower on Monday as the British Pound (GBP) weakens across the board following its recent advance, with traders trimming exposure ahead of the Bank of England’s (BoE) interest-rate decision on Thursday. At …
Read more →ING’s Frantisek Taborsky expects upcoming Czech and Hungarian Gross Domestic Product (GDP) data to confirm improving growth momentum, while Polish inflation should re-accelerate on higher fuel prices. Taborsky argues th…
Read more →Commerzbank’s Tatha Ghose reports the Russian central bank cut its key rate to 14.0% despite raising its 2026 inflation forecast and projecting stagflationary macro conditions. He argues the easing cycle suggests politi…
Read more →UOB strategists expect the Federal Reserve (Fed) to keep the Fed Funds Target Rate at 3.50%–3.75% at the July Federal Open Market Committee (FOMC) meeting and maintain a base case of an extended pause through 2026, with…
Read more →OCBC’s Sim Moh Siong and Christopher Wong note that easing Oil prices, helped by reduced Iran–US tensions, are bringing crude closer to their base case of a gradual downtrend. They argue lower Oil should relieve inflati…
Read more →MUFG’s Lee Hardman notes the US Dollar has softened as Middle East tensions ease and Brent Oil retreats below USD90, reducing energy-driven inflation fears. The correction in energy prices has slightly lowered market-im…
Read more →Gold (XAU/USD) has been consolidating gains during the European trading session, following a bullish gap at the week’s opening as a moderate improvement of risk sentiment hurt the safe-haven USD. A pause in the US-Iran …
Read more →Gold (XAU/USD) opens the week with a bullish gap on Monday but struggles to build on its early advance as optimism over a temporary pause in attacks between the United States (US) and Iran fades and Oil prices recover f…
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