Monthly Archives: July 2026
Canada Manufacturing PMI Holds Above 53, Supporting Bank of Canada’s Cautious Stance and CAD Bias

Written on July 2, 2026 at 7:29 pm, by josephine
Canada’s manufacturing PMI rose to 53.0, signaling modest expansion, supporting CAD, TSX, and hawkish policy.
ECB Weighs Higher Minimum Reserves, Testing Eurozone Liquidity and Nudging Euribor-OIS Spreads Wider

Written on July 2, 2026 at 6:30 pm, by josephine
ECB may raise minimum reserves, shifting balances to non‑remunerated accounts, tightening liquidity and widening Euribor‑€STR spreads.
Russia’s international reserves fall to $715.2bn, raising questions over rouble support and fiscal strain

Written on July 2, 2026 at 6:29 pm, by josephine
Russia’s reserves fell $28.6bn to $715.2bn, pressuring ruble outlook and raising energy, volatility risks.
Singapore Manufacturing PMI Hits 51.3 as Growth Extends, Supporting Firmer SGD and STI Upside

Written on July 2, 2026 at 6:00 pm, by josephine
Singapore’s PMI rose to 51.3, boosting growth outlook, supporting stronger SGD, and STI call-option strategies.
USD/CHF hits June low as weak US payrolls fuel dollar sell-off and Fed repricing

Written on July 2, 2026 at 5:59 pm, by josephine
USD/CHF slid to 0.8029 after weak US payrolls fueled dollar selling and lowered Fed hike odds.
Daly Sees US Resilience as Fed Stays Cautious, Citing AI Boost and Easing Oil Pressures

Written on July 2, 2026 at 5:29 pm, by josephine
Mary Daly sees resilient US economy; policy slightly restrictive, inflation easing; AI may boost productivity; volatility ahead.
US jobless claims fall to 215,000, boosting Fed tightening bets and lifting short-dated Treasury yields

Written on July 2, 2026 at 4:29 pm, by josephine
Jobless claims fell to 215,000, boosting Fed hike odds and prompting volatility hedges amid higher-rate expectations.
US payrolls miss boosts rate-cut bets, lifts volatility and shifts positioning in equities, bonds and dollar

Written on July 2, 2026 at 3:59 pm, by josephine
June payrolls rose 57,000, missing forecasts, boosting rate-cut odds; equities buoyed, but recession/volatility risks rise.
US wage growth holds at 3.5% in June, underpinning Fed rate-hold expectations and market calm

Written on July 2, 2026 at 3:29 pm, by josephine
June US hourly earnings rose 3.5% year-on-year, steadying Fed outlook, supporting soft-landing trades and dollar strength.
GBP/JPY retreats from two-month high as yen rebounds, fuelling intervention speculation in Japan

Written on July 2, 2026 at 3:01 pm, by josephine
GBP/JPY retreats near 215 after 216 high; yen strengthens amid intervention fears, technical support holds, options hedging.