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Banks

Equities: Sector rotations shape summer performance – Danske Bank
Danske Research Team notes that equity indices have been broadly unchanged over the summer, but sector rotations have been significant.…
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Forex

Swiss Franc declines against US Dollar amid hawkish Fed bets
The Swiss Franc weakens against the US Dollar amid firm Fed interest rate hike expectations. The US and Iran announce…
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Banks

Japanese Yen: Joint intervention signals potential turning point – MUFG
MUFG’s Michael Wan highlights that the Japanese Yen (JPY) has strengthened sharply, with USD/JPY dropping from around 164 after suspected…
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Banks

Oil: Prices slide on halted strikes – Commerzbank
Commerzbank’s FX Research team reports that Brent Oil opened over 7% lower under USD84 into the Asian session after President…
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Forex

GBP/USD Price At make or a break around 1.3500
GBP/USD trades lower to near 1.3470 as the British Pound faces selling pressure. The BoE left interest rates unchanged at…
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Banks

Euro: Rebound eyes key resistance band against US Dollar – UOB
United Overseas Bank’s (UOB) Quek Ser Leang observes EUR/USD rebounded sharply after a dip to 1.1453, with scope to extend gains toward…
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Economics

Germany’s Retail Sales falls by 1.1% MoM in June vs. -0.5% expected
German Retail Sales, a key measure of consumer spending, showed a downside in June. The consumer spending measure fell 1.1%…
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Metals

XAU/USD holds above $4,050 as easing inflation fears curb Fed hike bets; USD bounce caps gains
Gold kicks off the new week on a positive note, though it lacks any follow-through buying. Falling oil prices ease…
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Forex

EUR/USD Price – Gains traction above 1.1500, while remaining constrained below 100-day SMA
EUR/USD gains ground to around 1.1535 in Monday’s early Asian session. The bearish tone of the major pair prevails under…
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Forex

EUR/JPY Price – Breaks below 179.50 as bearish bias prevails
EUR/JPY may retest initial support at its eight-month low of 179.37. With the 14-day Relative Strength Index at 27.71, the…
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