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Iran says no progress on interim peace deal with US — Reuters
The United States (US) and Iran remain at loggerheads over efforts to agree a permanent end to the ...
The softest US inflation print in six years buys British Pound Sterling about four hours
Cable trades just beneath the 1.3400 handle late in Tuesday's session, pinned under a 200-day Exponential Moving Average (EMA) that sits a few pips shy of the figure and has capped every recovery atte ...
GBP/JPY Price Forecast: Hold above 217.00, next target is 218.00
The British Pound registers gains against the Japanese Yen on Tuesday, rising by over 0.12% to 217.04, with the cross-pair poised to test the year-to-date (YTD) high of 218.01.
Chinese Yuan: Range consolidation holds against US Dollar – UOB
United Overseas Bank (UOB) analysts Quek Ser Leang and Lee Sue Ann note that USD/CNH remains in a consolidation phase, with intraday price action confined to tight ranges.
South Korea Export Price Growth (YoY): 48.9% (June) vs 46.9%
South Korea Export Price Growth (YoY): 48.9% (June) vs 46.9%
South Korea Import Price Growth (YoY) fell from previous 24.8% to 20.6% in June
South Korea Import Price Growth (YoY) fell from previous 24.8% to 20.6% in June
Euro gains as softer US inflation weighs on US Dollar
EUR/USD trades higher near 1.1420 on Tuesday as the US Dollar (USD) weakens following softer-than-expected United States (US) inflation data. The Euro’s recovery remains mainly driven by broad Greenba ...
Chinese Yuan: Trade surplus cushions yuan against US Dollar – Commerzbank
Dr. Henry Hao at Commerzbank reports a strong upside surprise in China’s June trade data, with exports up 27% and imports 36% year-on-year, driven by global AI infrastructure demand.
Semiconductor Index correction could be complete
In our June 25 update on the semiconductor index (SOX), we found, using the Elliott Wave Principle (EWP), that
Singapore: Growth forecast lifted as AI tailwinds persist – UOB
UOB’s Jester Koh raises Singapore’s 2026 GDP growth forecast to 4.8% from 4.0% after strong 1H26 performance, with manufacturing and electronics leading gains on AI-related demand.
Fed’s Goolsbee: June CPI inflation data was “surprisingly benign”
Federal Reserve (Fed) Bank of Chicago President Austan Goolsbee said on Tuesday that the June Consumer Price Index (CPI) report was encouraging but cautioned against overreacting to a single month of ...
China: Trade data upside surprise with AI demand – Deutsche Bank
Deutsche Bank strategists note that China’s latest trade figures significantly beat expectations, with both exports and imports accelerating in June. Strong global demand for AI-related and technology ...
Pound Sterling Price News and Forecast: GBP/USD strengthens after US CPI surprises to the downside
The British Pound (GBP) strengthens against the US Dollar (USD) on Tuesday after US inflation data surprised to the downside, reducing expectations of a near-term Federal Reserve (Fed) interest rate h ...