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]
Singapore Dollar: Consolidates near recent lows against US Dollar – UOB
United Overseas Bank’s (UOB) Quek Ser Leang notes USD/SGD slipped to 1.2929 before recovering, with intraday price action still seen as range trading. For the day, the pair is expected to stay between 1.2930 and 1.2960. On a 1–3 week horizon, the … [Continue reading]
Canadian Dollar: Stabilizes against US Dollar as spreads narrow – Scotiabank
Scotiabank strategists Shaun Osborne and Eric Theoret note the Canadian Dollar (CAD) has gained modest relief as front-end US/Canada spreads retreat about 10bps from last week’s peak, though rate differentials remain punitive. They judge USD/CAD is … [Continue reading]
Belgium Consumer Price Index (YoY) down to 3.4% in June from previous 4.08%
Gold price remains in the negative territory around $4,050 in Monday's European trading. The bullion struggles as military clashes between the United States and Iran in the strategic Strait of Hormuz have revived inflation concerns, bolstering Fed … [Continue reading]
Euro steadies below 1.1400, Lagarde speech in spotlight
The EUR/USD pair holds steady near 1.1385 during the early European trading hours on Monday. Traders continue to assess the developments surrounding talks to end the US war with Iran. The European Central Bank's (ECB) annual forum and the US June … [Continue reading]
UK’s Burnham to unveil plan to shift power from London
The former Greater Manchester mayor and the Labour lawmaker, Andy Burnham, will outline his vision for the United Kingdom (UK) on Monday, the Guardian reported. Last Monday, Keir Starmer faced political pressure and announced he would step down … [Continue reading]
Vietnam: Strong growth but rising inflation risks – HSBC
HSBC portrays Vietnam as one of Asia’s fastest-growing economies, supported by booming electronics exports and import-intensive manufacturing. However, a widening trade deficit and elevated Oil prices are eroding the current account surplus and … [Continue reading]
Singapore Dollar: Gains momentum against US Dollar – OCBC
OCBC’s FX strategists Sim Moh Siong and Christopher Wong highlight that USD/SGD has eased as US Dollar (USD) momentum softened on core Personal Consumption Expenditures (PCE) Price Index data, with the pair around 1.2960. Bullish daily momentum … [Continue reading]
Thailand: AI-linked momentum but 2027 slowdown – HSBC
HSBC notes that Thailand’s 1Q26 growth beat expectations on the back of strong electronics exports and robust private investment and consumption, supported by AI-related activity and fiscal stimulus. However, non-AI sectors face Chinese competition, … [Continue reading]
Ethereum Weekly Price Forecast: Bearish positioning contracts, but risk-off sentiment remains
Ethereum (ETH) trades below $1,600 on Friday following sustained risk-off sentiment across the crypto market. The top altcoin has declined by 6.7% on the weekly timeframe, stretching its 30-day loss to 23.5%.Despite sustained negative sentiment … [Continue reading]