The US Dollar (USD) is muted against the Japanese Yen (JPY). USD/JPY traded in the low 159.00s at the time of writing on Friday. In Japan, July inflation accelerated with headline consumer prices rising 1.9% from a year earlier and core measures firming, while August business surveys came in stronger than expected. Together they have hardened expectations that the…
S&P Global manufacturing PMI flash estimate for August 53.2 versus 53.9 estimate !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ^_`abcdefghijklmnopqrstuvwxyz{|}
DBS economists Taimur Baig and Radhika Rao expect the Bank of Thailand (BoT) to keep its policy rate unchanged at 1.00% in August, extending the pause after June’s unanimous decision. They cite uneven economic growth, easing but still elevated headline inflation within the 1–3% target range, and scope for accommodative policy to support recovery alongside fiscal measures. Accommodative stance…
Trump: Gets rid of 26.4% tariffs on imported beef and prices will come down by 25% !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ^_`abcdefghijklmnopqrstuvwxyz{|}
The US Dollar Index (DXY) ended the week near even with Thursday, holding near 98.80. Like Thursday, DXY traded down to the 98.50s before recovering later in the session. The US Dollar Index trades near its lowest since May. The softness owes less to the data than to the plumbing: the US Treasury’s move to at least double its…
Is Bitcoin at $77k preparing for another breakout? This BTCUSD analysis shows a a potential bull flag pointing to $84K-$86K !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ^_`abcdefghijklmnopqrstuvwxyz{|}
Commerzbank’s Moses Lim notes Malaysia’s July exports rose 38.0% year-on-year, marking a fourth month of double‑digit growth led by electronics and machinery. The bank highlights resilient external demand, strong shipments to the US and China, and an AI‑driven electronics cycle. USD/MYR has fallen for four sessions, with the Malaysian Ringgit slightly outperforming other Asian currencies versus the Dollar. Strong…
SNB Tschudin: Swiss inflation is low because of low inflation expectations !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ^_`abcdefghijklmnopqrstuvwxyz{|}
DBS economists Taimur Baig and Radhika Rao expect the Bank of Korea (BoK) to raise its base rate by 25bps to 3.00% at the August meeting, alongside upgraded Gross Domestic Product (GDP) and Consumer Price Index (CPI) forecasts. They highlight stronger-than-expected first-half growth, persistent core inflation and rising housing prices, but also note a hawkish hold is possible as…
The gold buyers raced higher earlier this week, helped by the broader decline in the U.S. dollar. The move carried the price away from its 100-day moving average at $4,391.78 and toward the 200-day moving average at $4,501.13. Yesterday, gold traded above and below the 200-day moving average as buyers and sellers battled for control. Today, however, the buyers…
