Outlook

31 July 2026
TD Securities Forecasts Canadian GDP Growth to Beat Flash Estimate as June Momentum Cools

TD Securities forecasts Canada’s May GDP up 0.2%, with balanced growth; June expected to cool.

24 July 2026
Kansas Fed factory index slips in July, signalling softer momentum and potential easing in rate expectations

Kansas City manufacturing softened in July; index fell to 17, signaling slower growth and lower volatility.

23 July 2026
UOB Sees USD/CNH Consolidating as Downside Momentum Fades, 6.7600 Target Still in View

UOB sees USD/CNH consolidating near 6.7635–6.7755; downside bias persists toward 6.7600, capped by 6.7820 level.

22 July 2026
Brent Seen Undervalued as Middle East and Black Sea Disruptions Threaten August Supply Squeeze

Supply disruptions in Red Sea, Persian Gulf, and CPC Black Sea terminal could push Brent above $95.

21 July 2026
Hungary’s Central Bank Set for Further Rate Cuts as Forint Stable and Global Pressures Build

NBH seen cutting 25bp to 5.75% as stable forint and global pressures shape easing expectations.

21 July 2026
HSBC Sees NZD/USD Supported by RBNZ Tightening and Firmer Data, but Oil Risks Linger

HSBC sees NZD/USD supported by strong New Zealand data and RBNZ hikes, but vulnerable to global oil shocks.

18 July 2026
Dollar index steadies near 100.70 as housing strength offsets softer permits and output

DXY hovered near 100.70 as mixed data and improved sentiment reinforced range-bound trading; key levels: 101.03/100.65.

17 July 2026
Pound and gilts rise on Chancellor speculation, but OCBC sees EUR/GBP rebounding towards 0.87

Pound and gilts rose on fiscally conservative Chancellor talk, but debt limits may lift EUR/GBP toward 0.87.

9 July 2026
Oil slides as US–Iran accord hastens Gulf supply return; ING sees Brent easing into 2027

Oil prices slide on faster Persian Gulf supply recovery; demand lags. Brent seen $80 Q3, risks remain.

9 July 2026
NZD/USD Climbs Above 0.57 as RBNZ Delivers Unanimous 25bp Hike, Signals Further Tightening

RBNZ’s unanimous 25bp hike lifts NZD/USD above 0.57, signaling further tightening and near-term Kiwi strength.

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