Policy

4 July 2026
Wells Fargo sees rising Japanese wages cementing BoJ normalisation path, September rate rise in focus

Wells Fargo sees Japan wage gains sustaining inflation, supporting BoJ normalization, September rate hike, yen strength.

4 July 2026
BoE July Hold Seen as Firms Signal Persistent UK Price and Wage Pressures, Supporting Sterling

UK firms see inflation easing but price and wage pressures persist; BoE likely hawkish hold, supporting sterling.

4 July 2026
Societe Generale warns euro zone inflation may re-accelerate as energy shock pass-through lags into 2026

SocGen says lower Brent cuts headline inflation near-term, but delayed energy pass-through may lift core, food in 2026.

4 July 2026
ECB Weighs Raising Minimum Reserves to 2%, Speeding Eurozone Liquidity Normalisation and Pressuring Swap Spreads

ECB considers raising minimum reserves to 2%, draining liquidity, lowering repo rates and narrowing short-dated euro swap spreads.

4 July 2026
Mexico Consumer Confidence Ticks Up in June, Lending Modest Support to Peso and Domestic Demand

Mexico consumer confidence inches up to 43.8 in June, supporting peso strength, steady rates, bullish equities.

4 July 2026
Brazil Industrial Output Miss Misses Forecast, Raising Real Pressure and Rate Cut Expectations

Brazil’s May industrial output rose 0.2%, missing forecasts, signalling cooling growth, weaker BRL, rate-cut odds.

4 July 2026
EUR/USD edges higher as weak US payrolls dent Fed hike bets, eyes 1.1500 barrier

EUR/USD edges higher on weak US jobs, but 1.1475–1.1500 resistance caps gains; Eurozone PMIs support.

3 July 2026
Wells Fargo Sees Canada Jobs Market Stabilising as Bank of Canada Holds, Keeping USD/CAD Range-Bound

Canada’s labour market is soft but stabilising; BoC likely on hold, keeping USD/CAD range-bound, volatility low.

3 July 2026
MUFG sees soft US jobs data forcing Fed repricing as dollar rally set to retrace

MUFG says weak US jobs data could shift Fed expectations from hikes to cuts, pressuring dollar.

3 July 2026
BoE survey shows firms’ price and wage expectations edging higher, complicating near-term rate cuts

BoE survey shows firms’ price and wage expectations rising, suggesting persistent inflation and fewer UK rate cuts.

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