Speaking at a policy panel at the European Central Bank’s (ECB) Forum on Central Banking on Wednesday, Bank of Canada (BoC) Governor Tiff Macklem said that Canada’s economy remains soft, while inflation is still running clearly above target.Key … [Continue reading]
Warsh stays on message as inflation remains the Fed’s top priority
At the ECB Forum in Sintra, Fed Chair Kevin Warsh largely followed the script, offering little to change the market’s current view on monetary policy. He said inflation risks and short-term inflation expectations had eased in recent weeks, but he … [Continue reading]
United States MBA Mortgage Applications: 0% (June 26) vs previous 1%
Financial markets could find an important catalyst in the enchanting, fairytale-like landscape of Sintra this week. The European Central Bank Forum will, as it does every year, gather the crème de la crème of central banks. The new boss at the … [Continue reading]
Sweden Manufacturing PMI rose from previous 57.3 to 58.3 in June
Solana price extends gains, testing the 50-day Exponential Moving Average around $75.00. Although institutional demand for Solana remains weak, stabilizing retail confidence, with rising funding rates and steady Open Interest, supports the mild … [Continue reading]
China’s RatingDog Manufacturing PMI matches forecast in June: What 51.7 means for Australian Dollar
China's RatingDog Manufacturing Purchasing Managers' Index (PMI) eased to 51.7 in June from 51.8 in May the latest data published by RatingDog showed on Wednesday. The market forecast was for a 51.7 reading.The China-proxy Australian … [Continue reading]
Thai Baht: Recovery seen shallow without USD fade – OCBC
Christopher Wong at OCBC notes USD/THB’s recent rebound is running into interim resistance around 33.40 after a sharp move higher. Bank of Thailand officials attribute THB weakness mainly to broad USD strength and Thai equity outflows, while … [Continue reading]
Ondo Price Forecast: ONDO holds key support as network’s tokenized stocks launch on Uniswap
Ondo Finance (ONDO) is facing a pivotal moment as it attempts to hold above the $0.30 short-term support level on Tuesday. Since early June, ONDO has declined by more than 30%, putting significant pressure on the technical setup and reducing the … [Continue reading]
Canada Gross Domestic Product (MoM) above forecasts (0.4%) in April: Actual (0.5%)
Gold (XAU/USD) builds on its intraday recovery from the lowest level since November 2025, touched below $3,950 earlier this Tuesday, and trades marginally higher on the day above $4,000. Any meaningful appreciation still seems elusive in the wake of … [Continue reading]
Germany Unemployment Rate s.a. meets expectations (6.3%) in May
Financial markets could find an important catalyst in the enchanting, fairytale-like landscape of Sintra this week. The ECB Forum will, as it does every year, gather the crème de la crème of central banks. The new boss at the Fed, who has clearly … [Continue reading]
New Zealand Dollar remains depressed as USD benefits from Iran risks and hawkish Fed
The NZD/USD pair attracts some sellers during the Asian session on Tuesday, though it lacks bearish conviction and remains confined in a familiar range held over the past week or so. Spot prices move little following the release of China's official … [Continue reading]