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OCBC strategists Sim Moh Siong and Christopher Wong note that S&P’s affirmation of Indonesia’s BBB/A-2 ratings with a stable outlook is mildly supportive for the Indonesian Rupiah (IDR) by removing im…
The USD/CHF tumbles by 0.70% on Tuesday, trading at 0.8093, as the latest US inflation report prompted market participants to pare hawkish bets that the Federal Reserve might cut the Fed funds rate th…
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. He notes booming …
Gold price surges by some 1.50% on Tuesday as US consumer inflation data came in below estimates, easing pressure on the Federal Reserve (Fed) to further tighten ahead of 2026. The XAU/USD trades at $…
United Overseas Bank’s Quek Ser Leang and Lee Sue Ann note that USD/SGD stayed firm on Monday, closing at 1.2945 after trading between 1.2906 and 1.2950, with the Singapore Dollar (SGD) Nominal Effect…
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. The note highlights…
AUD/USD trades sharply higher near 0.6990 on Tuesday, approaching the psychological 0.7000 level as the US Dollar (USD) falls following weaker-than-expected United States (US) inflation figures.
A debate is boiling in South Memphis over whether the potential economic benefits of an artificial intelligence facility outweigh the pollution-related health impacts to residents. Many low-income com…
ING’s Warren Patterson and Ewa Manthey report that European natural gas benchmarks are rising as Middle East developments threaten LNG flows from the Persian Gulf. TTF has broken above EUR50/MWh and c…
Silver (XAG/USD) trades on the front foot on Tuesday as softer-than-expected US inflation data tempers expectations of a near-term Federal Reserve (Fed) interest rate hike and pushes the US Dollar (US…
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 …
Electric vehicle maker Lucid Group has denied rumors of an imminent bankruptcy after a report from this morning sent the stock on a dramatic drop on Wall Street, seeing losses of more than 40 percent …
The Canadian Dollar (CAD) strengthens sharply against the US Dollar (USD) on Tuesday, drawing support from softer-than-expected US inflation data and rising Oil prices amid escalating tensions in the …
The Japanese Yen registers gains of over 0.31% against the US Dollar as traders trim hawkish bets following a softer-than-expected US inflation report. The USD/JPY trades at 161.93 after reaching a da…
ING economists Peter Virovacz and Frantisek Taborsky turn more optimistic on Hungary’s growth outlook, noting positive surprises in high-frequency data and stronger consumption. They still project 1.5…
The June Consumer Price Index (CPI) fell 0.4% on the month against consensus for a 0.1% decline, following May's 0.5% increase, and the annual rate dropped to 3.5% from 4.2%, well under the 3.8% forec…
United States (US) President Donald Trump reiterated in a Truth Social post on Tuesday, “The Strait of Hormuz is open to ALL ship traffic except for Iran.” He added that the US would impose a “FULL Bl…
EUR/USD snaps a two-day losing streak on Tuesday as softer-than-expected United States (US) inflation data weighs on the US Dollar (USD) and prompts traders to scale back expectations of a near-term F…
The New Zealand Dollar (NZD) extended gains against the Aussie Dollar (AUD) on Tuesday. The AUD/NZD pair has plunged more than 2% over the last five trading days, reaching three-and-a-half-month lows …
Societe Generale notes Bank Indonesia’s (BI) reaction function is driven by the Indonesian Rupiah (IDR) and exchange rate stability. The report says the Rupiah faces pressure from a stronger US Dollar…
The AUD/USD pair trades 0.35% higher to near 0.6945 during the European trading session on Tuesday. The Aussie pair gains as the US Dollar (USD) underperforms its peers ahead of the United States (US)…
Gold (XAU/USD) rebounds sharply on Tuesday, erasing losses recorded on the previous day after softer-than-expected US inflation data eased expectations of a near-term Federal Reserve (Fed) interest ra…
ING’s Warren Patterson and Ewa Manthey highlight supportive fundamentals for Copper, with tightening LME warehouse dynamics and strong physical demand. They note a sharp jump in cancelled warrants, pa…
TD Securities strategists expect the US Dollar to retain some residual strength in Q3 as positioning normalizes and traditional safe-haven demand returns. They expect June US CPI to show subdued under…