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Market Analysis

Canada: Core softness guides BoC path – TD Securities

TD Securities’ Robert Both expects Canadian headline CPI to rise to 2.9% year-on-year in July, driven by higher gasoline and food prices, while ex. food/energy components stay muted. Core measures CPI-trim and CPI-media…

1 min read

US Dollar: Data-driven outlook in focus – MUFG

MUFG analysts Lin Li, Michael Wan, Lloyd Chan and Khang Sek Lee note that upcoming US economic data will be crucial for the US Dollar outlook. They highlight that softer PPI and labour market figures have trimmed near-t…

1 min read

Euro gains against Japanese Yen as ECB, BoJ rate hike bets intensify

EUR/JPY rises 0.15% on Friday and trades around 184.15 at the time of writing. The pair remains supported despite growing expectations that Japan could raise interest rates as soon as September, while investors also ant…

5 min read

US Dollar: Looking for a shift in Fedspeak – ING

ING strategists Francesco Pesole, Frantisek Taborsky and Chris Turner note that post-CPI summer conditions are suppressing FX volatility and keeping the Dollar broadly stable. They still see scope for a weaker Dollar as…

2 min read

Silver regains ground above $64 as Fed rate hike bets fade

Silver (XAG/USD) gains 0.37% on Friday and trades around $64.70 at the time of writing, erasing part of its recent correction. The precious metal benefits from easing expectations of monetary tightening in the United St…

3 min read