Banks
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US Dollar: Benign FX risk score with hawkish fed pricing – DBS
DBS Group Research’s FX Risk Score note by Chua Han Teng and Daisy Sharma highlights that FX risk has risen…
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Euro: Le Pen ruling seen as low impact – ING
Francesco Pesole at ING argues that Marine Le Pen’s eligibility ruling matters more for French politics than markets, as investors…
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New Zealand Dollar: RBNZ hike seen but path questioned – Commerzbank
Volkmar Baur at Commerzbank expects the Reserve Bank of New Zealand (RBNZ) to raise rates at its July meeting to…
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Federal Reserve: New communication risks under Warsh – BNY
BNY Markets’ John Velis and David Tam examine upcoming Federal Open Market Committee (FOMC) minutes from Kevin Warsh’s first meeting…
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Equities: Semiconductor bounce looks fragile – Deutsche Bank
Deutsche Bank strategists note that the S&P 500 reached a three-week high as chip stocks rebounded, led by gains in…
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Japanese Yen: Mixed outlook inside 160.60–163.00 against US Dollar – UOB
United Overseas Bank’s (UOB) Quek Ser Leang reports USD/JPY surged to 162.42 before closing at 162.08, leaving the pair overbought.…
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Euro Summer range holds against US Dollar – Commerzbank
Commerzbank’s Volkmar Baur notes EUR/USD has been stuck between 1.1350 and 1.1450 since mid-June, with few catalysts expected over the…
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Goldman Sachs turns even more bearish on yen
Goldman Sachs has significantly raised its forecasts for the USD/JPY pair, becoming one of the most bearish investment banks on…
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Chinese Yuan: Bulls extend gains on PMI resilience – Societe Generale
Societe Generale notes that stronger-than-expected China PMI data suggest slow but steady growth, reducing urgency for the PBoC to ease…
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Singapore Dollar: Seen consolidating in range against US Dollar – Commerzbank
Commerzbank highlights that strong Singapore manufacturing and electronics PMIs underpin a constructive growth outlook, with Q2 GDP expected to exceed Q1’s 6%…
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