Monthly Archives: July 2026
Bank of Korea hike to 2.75% shifts focus to August move as data steer rates
Written on July 16, 2026 at 6:26 pm, by josephine
Bank of Korea hikes to 2.75% on unanimous hawkish tone; swap receivers urged to lock profits.
Navarro calls for tougher curbs on Chinese automakers as investors hedge Europe auto and AI risks
Written on July 16, 2026 at 6:25 pm, by josephine
Navarro urges tougher curbs on Chinese automakers; investors hedge with options amid AI optimism and underpriced geopolitical risk.
Russia’s Central Bank Reserves Edge Up to $722.4bn, Up $0.7bn from Previous Reading
Written on July 16, 2026 at 5:55 pm, by josephine
Russia’s central bank reserves climbed to $722.4bn from $721.7bn, marking a $0.7bn increase in holdings.
Pound and gilts rise on Chancellor speculation, but OCBC sees EUR/GBP rebounding towards 0.87
Written on July 16, 2026 at 5:26 pm, by josephine
Pound and gilts rose on fiscally conservative Chancellor talk, but debt limits may lift EUR/GBP toward 0.87.
GBP/JPY slips from 2007 high as sterling steadies and yen intervention risk looms
Written on July 16, 2026 at 5:25 pm, by josephine
GBP/JPY slips from 2007 high as oil and yields support Sterling, but Japan intervention risks volatility.
US Retail Sales Rise 0.2% in June as Consumer Spending Stays Resilient, Dollar Steady
Written on July 16, 2026 at 4:56 pm, by josephine
US retail sales rose 0.2% in June, up 6.7% annually, signaling resilient consumer spending.
US retail sales growth cools in June, fuelling rate-cut bets and defensive positioning
Written on July 16, 2026 at 4:55 pm, by josephine
June US retail sales growth eased to 6.7% from 6.9%, signaling cooling demand and shifting rate expectations.
US continuing jobless claims undershoot forecasts, keeping Fed rate-cut bets in check
Written on July 16, 2026 at 4:26 pm, by josephine
Continuing jobless claims fell to 1.805m, signalling labor resilience, limiting Fed cuts; traders target higher yields, volatility.
US ex-autos retail sales fall 0.2% in June, bolstering bets on faster Fed cuts
Written on July 16, 2026 at 4:25 pm, by josephine
June retail sales ex-autos fell 0.2%, signaling cooling demand; traders reposition for 2026 rate cuts, softer dollar.
Philadelphia Fed Survey Jumps in July, Fuelling Rate Repricing, Yield-Curve Bets and Dollar Strength
Written on July 16, 2026 at 3:55 pm, by josephine
Philadelphia Fed manufacturing index surged to 41.4 in July, beating forecasts, boosting rate, dollar, and cyclical bets.
