Banks
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US Dollar: Softer labour data shifts Fed outlook – Societe Generale
Societe Generale’s Kenneth Broux reports that weaker US employment data and downward revisions have sharply reduced expectations for a September…
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Swedish Krona: Hormuz reopening could lift SEK against NOK – Commerzbank
Commerzbank’s Michael Pfister analyses NOK/SEK through oil-price sensitivity and rate expectations. He finds the Norwegian Krone reacts more strongly to…
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Australian Dollar: RBA set to hold amid inflation risks – BNY
BNY’s Geoff Yu and David Tam expect the Reserve Bank of Australia (RBA) to keep rates unchanged at 4.35%, noting that markets…
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Indonesia: Modest growth outlook – Standard Chartered
Standard Chartered’s Aldian Taloputra notes Indonesia’s Q2 GDP grew 5.3% year-on-year, slowing from 5.6% but beating consensus. Stronger-than-expected H1 data…
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China: Credit demand and liquidity trends – DBS
DBS Group Research anticipates China’s credit demand to stay weak in July, with new Yuan loans around RMB 10.8 billion…
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Chinese Yuan: Range trade holds with bullish tone against US Dollar – UOB
United Overseas Bank (UOB) analysts Quek Ser Leang and Lee Sue Ann see USD/CNH confined to a narrow intraday range,…
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Singapore: GDP revision and forecast upgrade – DBS
DBS Group Research expects Singapore’s final 2Q26 GDP to be revised up to 5.9% year-on-year and 1.3% quarter-on-quarter seasonally adjusted,…
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Philippines: BSP policy outlook shifts – Standard Chartered
Standard Chartered’s Jonathan Koh and Edward Lee now expect Bangko Sentral ng Pilipinas (BSP) to keep its policy rate unchanged…
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Indonesian Rupiah: Supportive domestic backdrop, capped gains – Commerzbank
Commerzbank’s FX analysts, including Charlie Lay and Moses Lim, note that USD/IDR slipped slightly but stayed below the key 18,000…
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Equities: AI profitability doubts grow – Nordea
Nordea analysts Kirsti Sunde Midttun and Ole Håkon Eek-Nielsen argue that AI profitability faces structural pressure from high inference costs,…
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