DBS Group Research’s Radhika Rao highlights that Bangko Sentral ng Pilipinas cut its policy rate by 25bps to 4.25%, citing weaker-than-expected recovery, softer confidence and delayed government spending. Official growth forecasts for 2026–27 were … [Continue reading]
AUD/USD Price Forecast: Climbs toward 0.7100, eyes on YTD high
The AUD/USD advances for the second straight day, up by 0.36% as the Greenback edges lower as US economic growth takes a toll while inflation accelerates towards the 3% threshold. At the time of writing, the pair trades at 0.7086, poised to end the … [Continue reading]
Gold surges above $5,060 as soft GDP, hot PCE hit US Dollar
Gold prices rally more than 1% on Friday after economic growth in the US decelerated, while inflation rose past the 3% threshold as depicted by the Core Personal Consumption Expenditures (PCE) Price Index, the Federal Reserve’s (Fed) favorite … [Continue reading]
Indonesia: Growth and inflation outlook shapes BI path – MUFG
MUFG’s Senior Currency Analyst Lloyd Chan notes that Bank Indonesia kept its 2026 growth forecast at 4.9%–5.7% and still expects inflation to stay within its 1.5%–3.5% target. However, upside inflation risks could weigh on the Rupiah if policymakers … [Continue reading]
Forecasting the upcoming week: US Dollar steady amid rising PCE inflation, soft GDP
The US Dollar (USD) held firm on Friday after the release of top-tier data, but the US Dollar Index (DXY) posted an acceptable weekly gain of almost 1%. The December Core Personal Consumption Expenditures (PCE) rose by 3% YoY, above market forecasts, … [Continue reading]
USD/INR: Upside risks from outflows and AI concerns – MUFG
MUFG’s Lin Li, Michael Wan, Lloyd Chan and Khang Sek Lee note that India’s fourth‑quarter GDP is expected to slow on weaker exports, though domestic demand remains resilient. From an FX angle, they see the Rupee pressured by capital outflows and … [Continue reading]
GBP: Strong UK data but BoE cut seen – TD Securities
TD Securities analysts note a sharp 1.8% monthly jump in UK Retail Sales and stronger-than-expected PMIs, with gains driven by broad-based demand and higher export orders. Despite better data and improved fiscal numbers, Analysts believe the MPC … [Continue reading]
United Kingdom S&P Global Services PMI came in at 53.9, above expectations (53.6) in February
Thursday’s scorecard shows major US Stock benchmarks closed modestly in the red amid mounting US-Iran tensions and AI disruption worries. The S&P 500 shed 19 points (0.3%) to 6,861, the Nasdaq 100 lost 101 points (0.4%) to 24,797, and the … [Continue reading]
India HSBC Services PMI down to 58.4 in February from previous 58.5
It was green across the board for US Stock market indexes at the close on Wednesday, with most S&P 500 names ending higher, adding 38 points (0.6%) to 6,881 overall. At the GICS sector level, energy led gains, followed by technology and … [Continue reading]
US President Donald Trump says Iran has 10 days to agree to a deal or ‘bad things happen’
US President Donald Trump said that Iran must make a deal, or “bad things will happen," with the threat of military strikes still hanging heavy over delicate nuclear negotiations, BBC reported on Thursday.Iran told UN Secretary-General Antonio … [Continue reading]