Taiwan Dollar: CBC inflation risks support against US Dollar – Commerzbank
Commerzbank’s report on Taiwan notes that stronger inflation, with core CPI at 2.5%, is likely to push the CBC towards a more hawkish stance, including a possible 12.5 bp hike…
Read More »Silver Price Forecast: Lower high structure holds, bear’s eye $55.00
Silver price retreats on Friday during the North American session, edging down by 0.54%, weighed by high US Treasury yields and a sudden shift in market sentiment, after US President…
Read More »Singapore: Resilient GDP and strong NODX – DBS
DBS economists Radhika Rao and Mo Ji forecast Singapore’s advance 2Q26 Gross Domestic Product (GDP) growth at 5.8% year-on-year and 1.5% quarter-on-quarter seasonally adjusted, slightly below 1Q26 but still resilient.
Read More »Japan’s Kiuchi says FX driven by rate gaps and inflation, not government view
Kiuchi’s comments keep Tokyo’s official line intact, that Tokyo will not pre-signal a preference on the timing or direction of BOJ policy, which leaves the yen’s near-term path hinged on…
Read More »The Nasdaq technicals are back in neutral territory. S&P is more bullish again
Both the Nasdaq and S&P 500 are pushing higher today, with the Nasdaq leading the advance, up 0.65%, while the S&P 500 is higher by 0.51%. From a technical perspective,…
Read More »Japanese Yen bulls seem hesitant as US-Japan rate gap counters intervention risks
The USD/JPY pair edges lower during the Asian session on Thursday and, for now, seems to have snapped a four-day winning streak, though it lacks bearish conviction. Spot prices currently…
Read More »Japan Money Supply M2+CD (YoY) declined to 2.2% in June from previous 2.5%
Japan Money Supply M2+CD (YoY) declined to 2.2% in June from previous 2.5%
Read More »The USDCAD remains confined in trading range but below the 100/200 hour MAs
The USDCAD has been confined to a well-defined trading range between 1.4148 and 1.42473 since June 19. The topside has been reinforced by a triple top near 1.4247, while the…
Read More »Oil prices jump as Trump says that Iran ceasefire deal is over
So much for peace and all that, eh? US president Trump is out now in saying that “I think it’s over” on the deal/memorandum of understanding with Iran. It basically…
Read More »Oil: Geopolitical risk lifts prices – ING
ING analysts Warren Patterson and Ewa Manthey note that Brent has jumped above $76/bbl as renewed tensions in the Persian Gulf and US strikes on Iran revive supply concerns.
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