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UK GDP growth beats due to services
EU mid-market update: UK GDP growth beats due to services; Norges Bank holds with hawkish bias intac...
US Dollar: Inflation outlook and Fed path – UOB
UOB’s Alvin Liew assesses United States (US) inflation and Federal Reserve (Fed) policy after the Ju...
Eurozone Industrial Production remains flat in June vs. -0.1% estimates
The Eurozone industrial sector activity remained flat in June, while it was expected to decline 0.1%...
British Pound holds below 1.33 as Trump warns Iran, Oil jumps
The Pound Sterling holds firm on Wednesday as the US-Iran conflict escalates, with US President Donald Trump warning of further attacks on Iran, in retaliation for Tehran's strikes on US forces. The G ...
Australian Dollar extends decline ahead of Fed's decision
AUD/USD trades 0.4% lower near the 0.6945 area on Wednesday, extending its recent decline as the Australian Dollar (AUD) weakens following softer-than-expected domestic inflation data.
United States EIA Crude Oil Stocks Change came in at -7.167M, below expectations (-2.5M) in July 24
Pound Sterling Price News and Forecast: GBP below 1.3300 ahead of Fed, BoE
The British Pound (GBP) has given away previous gains against the US Dollar (USD) on Wednesday and remains practically flat in the daily chart, trading below 1.3300 and on track to complete a nearly 1 ...
Swiss National Bank: Rates seen on prolonged hold – Commerzbank
Michael Pfister of Commerzbank argues that subdued imported inflation and low exchange rate pass-through give the Swiss National Bank (SNB) little reason to tighten policy.
Hump day: War and the FOMC
New hostilities in the Middle East have lifted oil prices for the first time in four sessions and is snapping the three-day decline in European and US bond yields.
Australian Dollar: Softer CPI keeps RBA on hold – TD Securities
TD Securities strategists note that Australia’s Q2 Consumer Price Index (CPI) and June headline inflation came in below expectations, easing pressure on the Reserve Bank of Australia (RBA).
British Pound languishes below 1.3300 heading into Fed and BoE decisions
The British Pound (GBP) has given away previous gains against the US Dollar (USD) on Wednesday and remains practically flat in the daily chart, trading below 1.3300 and on track to complete a nearly 1 ...
US Dollar: Fed hold to test recent resilience – ING
ING strategists Francesco Pesole and Frantisek Taborsky expect the Federal Reserve to keep rates unchanged, with two dissenters possibly voting for a hike, limiting downside in front-end USD rates.
United States MBA Mortgage Applications down to -6.4% in July 24 from previous 1.9%
AUD/USD outlook: Australian Dollar slides on softer than expected inflation
Aussie Dollar fell nearly 0.5% on Wednesday morning, following softer-than-expected Australian CPI data (Q2 3.9% from Q1 / forecast 4.1% and monthly indicator Jun 3.8% vs May / forecast 4.0%) that alm ...