BSP policy outlook shifts – Standard Chartered

Standard Chartered’s Jonathan Koh and Edward Lee now expect Bangko Sentral ng Pilipinas (BSP) to keep its policy rate unchanged at the 27 August meeting, abandoning a previously projected hike. The bank trims its 2026 Gross Domestic Product (GDP) growth forecast to 3.5% and lowers Consumer Price Index (CPI) expectations, while still projecting rate cuts in 2027 once inflation…

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Dollar Heads for Weekly Gain as Markets Await Key Jobs Data. Forecast as of 07.08.2026

2026.08.07 2026.08.07 Dollar Heads for Weekly Gain as Markets Await Key Jobs Data. Forecast as of 07.08.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Kevin Warsh’s reserved communication style leaves investors searching for signals in the economic data, increasing uncertainty and market volatility. The upcoming employment report could become the next major catalyst. Let’s examine the outlook and develop a trading plan for the…

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Canada and the US discussing tariff relief deal

The Globe & Mail is out with a somewhat optimistic report on the Canadian trade situation and, in turn, the Canadian dollar. It highlights trade negotiations that are currently ongoing between the US and Canada, and appear to be in the final stretch. It says: Canada would address a long list of US trade irritants in exchange for sectoral…

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Rebound holds above 200-day SMA

The British Pound retreats against the Japanese Yen, down about 0.24%, as the Yen is poised to end the week on a higher note. However, GBP/JPY is poised to finish the week with minimal gains, trading at 212.64. GBP/JPY Price Forecast: Technical outlook The GBP/JPY trades sideways, though slightly tilted to the downside, following an intervention in the FX…

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Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 07.08.2026

2026.08.07 2026.08.07 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 07.08.2026 Roman Oneginhttps://www.litefinance.org/blog/authors/roman-onegin/ Dear readers, I’ve prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on Elliott Wave analysis. Ripple appears to be approaching a trend reversal. The article covers the following subjects: Major Takeaways BTCUSD: The price continues to decline in the fifth part of an impulse. Consider…

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Gold Returns to the Spotlight. Forecast as of 07.08.2026

2026.08.07 2026.08.07 Gold Returns to the Spotlight. Forecast as of 07.08.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Throughout the conflict in the Middle East, gold remained in the shadow of other assets amid concerns that rising inflation could prompt the Fed to tighten monetary policy. However, de-escalation is changing the game. Let’s discuss this topic and outline a trading plan.  The article covers…

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