Banks
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Swedish Krona: Riksbank hikes support SEK – Societe Generale
Societe Generale notes the Riksbank’s 25bp hike to 2.0% and guidance for further tightening, keeping policy accommodative versus neutral. Updated…
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Swiss Franc: Franc supported by hawkish SNB risk – ING
Chris Turner at ING notes EUR/CHF fell after Swiss inflation surprised at 1.5% year-on-year, raising doubts that the Swiss National…
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LatAm FX: Carry exposed as volatility rises – BNY
Geoff Yu at BNY highlights growing vulnerability in Latin American FX carry trades as realized volatility spikes and G10 rates…
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Indian Rupee: Range holds against US Dollar with oil support – Commerzbank
Commerzbank’s FX team notes USD/INR traded slightly lower around 94.90, continuing to hold near the lower end of its established…
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Natural gas: Shipping channel drives gas volatility – Societe Generale
Societe Generale analysts Michael Haigh and Jeremy Sellem argue that LNG shipping conditions are central to how maritime risk transmits…
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Brent: Higher-for-longer price regime – TD Securities
TD Securities’ Ryan McKay argues that Brent crude Oil is entering a higher-for-longer regime, with fair value estimated at $90-100/bbl…
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Swiss Franc: Upside momentum accelerates against US Dollar – UOB
United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann report a sharp drop in USD/CHF, with the pair…
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Oil: Geopolitical risk premium holds as midterms loom – ING
ING analysts Warren Patterson and Ewa Manthey note that Brent rallied strongly last week, supported by escalating Gulf risks and…
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Euro: Policy risks could revive swings against US Dollar – Commerzbank
Commerzbank’s Thu Lan Nguyen notes EUR/USD has settled around 1.12 after dropping from 1.16, with options-implied volatility falling again. She…
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Vietnam: Strong growth complicates inflation fight – DBS
DBS Group Research anticipates Vietnam’s October 2026 exports and retail sales to stay robust, while headline inflation hovers around 5%,…
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