Monthly Archives: June 2026
US Existing Home Sales Jump 3.2% in May, Bolstering Higher-for-Longer Fed Rate Expectations
Written on June 9, 2026 at 8:43 pm, by josephine
May existing home sales jumped 3.2%, signaling stronger demand and a higher-for-longer Fed, boosting homebuilders opportunities.
Sterling climbs versus yen as BoJ tapering pause talk hits Japanese yields, boosts risk appetite
Written on June 9, 2026 at 8:42 pm, by josephine
Sterling rose versus yen as BoJ may pause bond-tapering; yield gaps, oil and risk appetite support GBP/JPY.
USD/CAD Hovers Near Year-to-Date Highs as Markets Await Bank of Canada Decision
Written on June 9, 2026 at 8:41 pm, by josephine
USD/CAD steadies near year highs; Scotiabank sees overvaluation and BoC decision as key risk catalyst.
Euro Drifts Lower on Dollar Strength as Hawkish ECB Limits Downside; Canada Sees 1.19 Year-End
Written on June 9, 2026 at 8:40 pm, by josephine
Euro weakens amid broad dollar strength despite firmer Eurozone inflation; hawkish ECB limits downside; EUR/USD seen rising toward 1.19.
Nikkei Flags BoJ 25bp Rate Rise, Possible 2027 JGB Taper Pause to Steady Yen
Written on June 9, 2026 at 6:41 pm, by josephine
Nikkei signals BoJ 25bp hike; may pause JGB tapering in 2027, easing yen volatility, USD/JPY.
China’s AI-led export surge widens trade surplus as policymakers curb yuan appreciation
Written on June 9, 2026 at 6:13 pm, by josephine
China’s export-led surplus supports yuan, but capital controls and PBoC fixings cap appreciation; sell volatility.
Redbook Retail Growth Edges Higher, Fueling Hawkish Fed Bets and Shifting Market Positioning
Written on June 9, 2026 at 6:12 pm, by josephine
Redbook sales growth rose to 9.1%, signaling strong spending, higher-for-longer rates, volatility hedges, and sector divergence.
Bank Indonesia surprise rate rise reins in USD/IDR after record 18,190 high
Written on June 9, 2026 at 6:11 pm, by josephine
USD/IDR retreated from 18,190 as Bank Indonesia’s surprise rate hikes and intervention capped gains, lowering volatility.
RBC’s Fan argues per-capita GDP shows Canada’s recovery despite weaker headline growth
Written on June 9, 2026 at 6:10 pm, by josephine
Canada avoids recession despite GDP dips; per-capita gains and jobs growth signal recovery, boosting loonie, equities.
US goods trade deficit widens in April, fuelling dollar pressure and hedging demand across markets
Written on June 9, 2026 at 5:11 pm, by josephine
April’s US goods trade deficit widened to $83.7bn, signaling slower growth, weaker dollar, higher volatility.
