Dovish

17 July 2026
UK GDP Edges Up in May but TD Securities Warns Underlying Q2 Growth Near Flatline

UK GDP edged up 0.1% in May; underlying growth may stall, pressuring sterling and rates.

16 July 2026
BoE’s Breeden says Middle East shock unlikely to entrench inflation as sterling slips

Breeden says inflation would hit 2% absent Middle East war; dovish BoE signals faster cuts, pressuring GBP.

10 July 2026
US jobs market slack hidden by falling participation rate, raising risks of sudden unemployment jump

US jobs data weak: payrolls slowing, household employment falling; lower participation masks slack, risking unemployment spike.

9 July 2026
Mexico inflation undershoots forecasts, bolstering Banxico rate-cut bets and weighing on peso carry trades

Mexico inflation cooled to 3.37% in June, boosting Banxico cut bets, favoring swaps, pressuring peso.

9 July 2026
Middle East tensions rattle CEE markets as NBP stays neutral and forint leads sell-off

Middle East tensions jolted CEE markets; NBP stayed neutral, while Hungary’s forint plunged on dovish cuts.

9 July 2026
Japan M2+CD growth cools, dimming BoJ tightening bets and weighing on the yen

Japan’s money supply growth cooled to 2.2% in June, reinforcing dovish BoJ outlook, weaker yen, Nikkei tailwinds.

8 July 2026
ING sees Le Pen bid largely priced in, euro downside risks linger; EUR/SEK to ease later in year

Le Pen’s 2027 bid seen priced in; limited euro catalysts, mild downside; Sweden inflation muted, EUR/SEK elevated.

8 July 2026
NBP seen holding rates at 3.75% as inflation risks weigh on zloty and cut bets

ING expects NBP to hold 3.75% rates, delaying cuts amid inflation risks; zloty pressured, EUR/PLN tested.

8 July 2026
MUFG Warns June FOMC Minutes Are Dated as Softer Data and Cheaper Oil Sap Hawkishness

MUFG says June FOMC minutes are outdated; softer data and lower oil may unwind hawkish dollar positioning.

8 July 2026
Sweden industrial output growth slows in May, raising pressure on krona and Riksbank outlook

Sweden’s industrial growth cooled to 0.2%, lifting recession fears, pressuring SEK, and boosting OMXS30 downside bets.

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