Live Updates

21

Jul 2026
UK Assets Slide as Burnham’s Fiscal Plans Push Gilt Yields Above 5% and Hit Sterling

UK assets slid as Burnham signaled fiscal “flexibility”; gilt yields topped 5%, sterling weakened, volatility surged.

21

Jul 2026
Canadian dollar pares losses as US tariff threats loom; USD/CAD steadies near key technical levels

Canadian dollar rebounds as softer USD offsets Trump’s 50% tariff threat; USD/CAD steadies near 1.4059 support.

21

Jul 2026
Gold Edges Higher as Middle East Tensions Support $4,000, Fed Rate Outlook Caps Upside

Gold edged higher near $4,060 as Middle East tensions supported $4,000, but Fed-tightness capped gains.

21

Jul 2026
US Redbook growth cools to 7.8%, fuelling Treasury rally bets and dollar softness trades

US Redbook Index slowed to 7.8% YoY, signaling cooling retail demand, lower yields, weaker dollar, strategy shifts.

21

Jul 2026
EUR/GBP Rises as UK Fiscal Jitters Weigh on Sterling; Options Traders Target 0.8700

EUR/GBP ticks up as UK fiscal doubts weigh on Pound; strong Euro ZEW data supports rebound bets.

21

Jul 2026
NZD/USD Near Seven-Week High as New Zealand Q2 CPI Beats Forecasts, Boosting RBNZ Hike Bets

NZD/USD neared seven-week highs as Q2 CPI beat forecasts; RBNZ hike expectations and tightening bets rose.

21

Jul 2026
Sterling Recovers as Burnham’s Fiscal Pledge Fails to Stem Long-Dated Gilt Sell-off

Sterling steadies, but long-dated gilt yields rise as Burnham pledges fiscal rules amid VAT cut uncertainty.

21

Jul 2026
US ADP Four-Week Hiring Average Slips, Reinforcing Labour Market Cooling and Dovish Fed Bets

ADP four-week hiring average fell to 16.5K, cooling labor market; traders eye dovish Fed, hedge volatility.

21

Jul 2026
Mexico Retail Sales Drop Spurs Banxico Cut Bets, Raising Peso and Consumer Equity Risks

Mexico’s May retail sales fell 0.6%, signaling weaker demand, pressuring Banxico, peso, and consumer equities.

21

Jul 2026
Sterling Loses Momentum as UK Fiscal Flexibility Rattles Gilts, Banks Eye Range Trading

Sterling momentum fades as UK fiscal uncertainty rattles gilts; banks expect range-trading, favoring EUR/GBP rebound, GBP/USD consolidation.

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