Policy

9 July 2026
Sterling Hits Three-Week Highs Above 1.3400 as Fed Minutes Weigh on Dollar

Sterling hit three-week highs above 1.3400 as dollar eased; Fed minutes, politics, and hawkish BoE supported.

9 July 2026
Energy Shock Spurs Hawkish ECB Repricing as Bund and OAT Yields Jump, Euro Edges Higher

Energy shock drives hawkish ECB repricing; gas surge lifts inflation fears, yields jump, euro rises, equities risk.

9 July 2026
EUR/USD Steadies as ECB Hike Bets Lift Yields, but Fed Narrative Keeps Downside Risk in Focus

EUR/USD stays resilient on ECB hike bets, but Fed strength may drag euro below 1.14 soon.

9 July 2026
China CPI Cools in June as PPI Rises, Pressuring Commodities and the Australian Dollar

China CPI cools to 1.0% as PPI rises 4.1%, boosting rate-cut bets and pressuring commodities, AUD.

9 July 2026
China PPI Decline Holds at 4.1%, Easing Policy Pressure and Supporting Range-Bound Market Strategies

China’s June PPI fell 4.1% yearly, easing volatility fears; deflation persists, enabling steady PBoC policy strategies.

9 July 2026
TD Securities sees China fiscal stance tightening as debt clean-up caps H2 2026 stimulus hopes

TD Securities warns China’s fiscal stance is tightening; limited H2 2026 support unless growth nears 4.0–4.2%.

9 July 2026
US Consumer Credit Unexpectedly Shrinks in May, Bolstering Recession and Rate-Cut Bets

May US consumer credit fell $0.18bn versus $17.1bn expected, signaling slowdown, prompting defensive, Fed-cut trades.

9 July 2026
Fed Minutes Expose Policy Divisions as Markets Reprice US Rate Path and Buoy Dollar Index

Fed minutes reveal hawkish division; inflation stays high as markets price renewed hikes, boosting dollar and yields.

9 July 2026
US 10-year Treasury auction clears at 4.58%, reinforcing higher-rate fears and weighing on equities

US 10-year auction yield rose to 4.58%, signaling higher borrowing costs, pressuring growth stocks, raising volatility.

9 July 2026
Sterling Rises as Hormuz Tensions Lift Oil and Dollar, Focus Shifts to Fed Minutes

Pound edged up as Iran-Hormuz tensions lifted oil and dollar; focus shifts to Fed minutes, UK politics.

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