Author: FX
European equities finished the week with a generally positive tone, although gains were modest across most major benchmarks. Investor sentiment remained supported despite ongoing uncertainty surrounding central bank policy, global growth, and trade developments. Most of the major indices are near all-time record levels. FTSE MIB (Italy): +0.13% to 52,172.54 Italy outperformed most of the region, extending its recent leadership as financials continued to provide support. IBEX 35 (Spain): +0.13% to 19,782.89 Spanish equities posted a steady advance, keeping the broader uptrend intact. IBC (Belgium): +0.13% to 19,782.90 Belgian shares also edged higher, matching gains seen in Spain. DAX (Germany):…
AUDUSD retraces some of the gains seen yesterday. What next for traders? !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz Source link
The Bank of Japan held rates at 1% in July 2026, but overnight yen intervention and hawkish comments point to a hike as soon as September. Source link
EUR/USD is pressing into a key technical zone as shifting rate expectations and mixed momentum set up an eventful week ahead. Source link
Fed’s Logan: Favors a rate hike as inflation is not on a sustainable course !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz Source link
ING economists Deepali Bhargava and Lynn Song expect the Reserve Bank of India to keep the repo rate at 5.25% this week. They note that while June headline inflation rose on higher fuel prices, core inflation remains below target. This gives policymakers room to maintain current settings while monitoring risks from elevated Oil prices and a possible severe El Niño impact on food.RBI seen holding as risks monitored”We expect the Reserve Bank of India to keep the repo rate unchanged at 5.25% on Wednesday.””While headline inflation surprised to the upside in June, largely due to higher fuel prices, underlying price…
German unemployment rises by slightly more than anticipated in July !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz Source link
The Euro (EUR) nudges lower against the US Dollar (USD) on Friday, but remains near six-week highs, holding well above 1.1500 so far, on track for a 1.3% rally this week, its best weekly performance in nearly four months. Eurozone GDP data beat expectations on Thursday, and investors await July’s preliminary inflation figures to assess the chances of a European Central Bank (ECB) rate hike in September.Eurozone’s Harmonized Index of Consumer Prices (HICP) is expected to have ticked up to a 2.9% year-on-year (YoY) rate in July from 2.8% in June. Core inflation is seen growing at a steady 2.8%…
June’s PCE report cooled inflation hopes, exposed consumer strain, and left the dollar facing a wide open Fed debate ahead. Source link
GBP/CHF found support after a sharp selloff, but consolidation now leaves traders watching for either a range hold or breakout. Source link