NZD is solidly higher after higher than expected CPI. Be aware there is RBNZ inflation data due soon.
New Zealand’s Q2 CPI rose 4.1% y/y and 1.5% q/q, both above forecasts and the RBNZ’s own 3.9% estimate.It ...
South Korea’s Lee flags won weakness and leveraged product risks
President Lee’s comments add a political dimension to two threads markets have been watching closely, the won&# ...
Axios reports that Trump nears decision between new Iran ceasefire and full scale war
The binary framing of Washington’s options, a negotiated pause or a major escalation alongside Israel, leaves o ...
Oil holds near one month highs as renewed US Iran conflict enters 10th night
Crude is trading in a narrow band so far this session, holding close to Monday’s settle rather than extending t ...
PBOC sets USD/ CNY central rate at 6.7917 (vs. estimate at 6.7706)
The PBOC allows the yuan to fluctuate within a +/- 2% range, around this reference rate. More here.Previous close was ...
China’s national team spends nearly $9 billion to prop up stocks
The scale and speed of the intervention, nearly $9 billion deployed in a single weekend, signals policymakers are tre ...
FX strategists eye ECB hawkishness as Middle East risk lifts euro case
Currency strategists broadly agree the ECB’s tone this week matters more for the euro than the widely expected ...
PBOC is expected to set the USD/CNY reference rate at 6.7706 – Reuters estimate
Earlier, Shanghai Securities News reported that China is said to have room to cut rates, including RRR, in Q3 as ...
Carney says Canada ready to intensify trade talks after new US tariffs
The Canadian dollar softened modestly on the news earlir, extending a period of currency weakness tied to the broader ...
Preview – ECB seen holding at 2.25% as Middle East conflict clouds outlook, September hike still in play
A hold this week would leave the door open for one more move in September, keeping the deposit rate on a gradual path ...
NZ inflation jumps to 4.1% in Q2, beating forecasts and RBNZ’s own estimate, with more to come!
A hotter than expected print raises the odds the RBNZ needs to extend its recently restarted tightening cycle beyond ...
South Korea’s ruling party presses regulator on stricter leveraged ETF oversight
The renewed political pressure comes just days after the FSC tripled the minimum deposit requirement for single stock ...