Monthly Archives: July 2026
UK Assets Slide as Burnham’s Fiscal Plans Push Gilt Yields Above 5% and Hit Sterling
Written on July 21, 2026 at 6:27 pm, by josephine
UK assets slid as Burnham signaled fiscal “flexibility”; gilt yields topped 5%, sterling weakened, volatility surged.
Canadian dollar pares losses as US tariff threats loom; USD/CAD steadies near key technical levels
Written on July 21, 2026 at 6:25 pm, by josephine
Canadian dollar rebounds as softer USD offsets Trump’s 50% tariff threat; USD/CAD steadies near 1.4059 support.
Gold Edges Higher as Middle East Tensions Support $4,000, Fed Rate Outlook Caps Upside
Written on July 21, 2026 at 5:56 pm, by josephine
Gold edged higher near $4,060 as Middle East tensions supported $4,000, but Fed-tightness capped gains.
US Redbook growth cools to 7.8%, fuelling Treasury rally bets and dollar softness trades
Written on July 21, 2026 at 5:55 pm, by josephine
US Redbook Index slowed to 7.8% YoY, signaling cooling retail demand, lower yields, weaker dollar, strategy shifts.
EUR/GBP Rises as UK Fiscal Jitters Weigh on Sterling; Options Traders Target 0.8700
Written on July 21, 2026 at 5:26 pm, by josephine
EUR/GBP ticks up as UK fiscal doubts weigh on Pound; strong Euro ZEW data supports rebound bets.
NZD/USD Near Seven-Week High as New Zealand Q2 CPI Beats Forecasts, Boosting RBNZ Hike Bets
Written on July 21, 2026 at 5:25 pm, by josephine
NZD/USD neared seven-week highs as Q2 CPI beat forecasts; RBNZ hike expectations and tightening bets rose.
Sterling Recovers as Burnham’s Fiscal Pledge Fails to Stem Long-Dated Gilt Sell-off
Written on July 21, 2026 at 4:57 pm, by josephine
Sterling steadies, but long-dated gilt yields rise as Burnham pledges fiscal rules amid VAT cut uncertainty.
US ADP Four-Week Hiring Average Slips, Reinforcing Labour Market Cooling and Dovish Fed Bets
Written on July 21, 2026 at 4:55 pm, by josephine
ADP four-week hiring average fell to 16.5K, cooling labor market; traders eye dovish Fed, hedge volatility.
Mexico Retail Sales Drop Spurs Banxico Cut Bets, Raising Peso and Consumer Equity Risks
Written on July 21, 2026 at 4:25 pm, by josephine
Mexico’s May retail sales fell 0.6%, signaling weaker demand, pressuring Banxico, peso, and consumer equities.
Sterling Loses Momentum as UK Fiscal Flexibility Rattles Gilts, Banks Eye Range Trading
Written on July 21, 2026 at 3:57 pm, by josephine
Sterling momentum fades as UK fiscal uncertainty rattles gilts; banks expect range-trading, favoring EUR/GBP rebound, GBP/USD consolidation.
