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Banks

Euro: Narrow path for sustained strength against US Dollar – ING
ING’s Francesco Pesole writes that Middle East tensions have modestly re-tightened EUR/USD short-term swap rate differentials by around 10bp, though…
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Banks

Equities: Tech and chips drive relief rally – Deutsche Bank
Deutsche Bank strategists say a strong semiconductor rally and lower oil prices helped lift global equities. The S&P 500 rebounded…
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Banks

Indian Rupee: Inflation uptick with monsoon support – DBS
DBS economist Radhika Rao expects India’s June CPI inflation to edge up to 4.1% YoY from 3.9%, driven by food…
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Banks

Polish Zloty: Dovish Glapinski undercuts support – Commerzbank
Commerzbank’s Tatha Ghose reports that the National Bank of Poland kept rates at 3.75% and a neutral stance, but Governor…
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Banks

Euro: Range trade bias intact against US Dollar – UOB
UOB’s Quek Ser Leang highlights a modest uptick in EUR/USD momentum, with scope to retest 1.1450 but limited prospects for a sustained…
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Banks

Japanese Yen: Policy shift talk supports JPY – MUFG
MUFG’s Derek Halpenny notes the Japanese Yen is leading G10 gains after Finance Minister Katayama unexpectedly urged households and the…
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Bonds

UK Gilt Yields Dip as Oil Prices Retreat
UK 10-year gilt yields fell to 4.89%, retreating from one-month highs and tracking a drop in crude prices as US-Iran…
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Bonds

Bund Yields Ease as Oil Prices Retreat
Germany’s 10-year Bund yield fell to 3.03%, down from a near two-month high of 3.09% on Thursday, as crude prices…
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Indices

DAX Advances For 2nd Day
The DAX 40 edged up 0.3% toward 25,200 on Friday, marking the second session of gains, mirroring cautious movements across…
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Markets

EasyJet bids farewell to UK, and oil prices in retreat
The story of the day is how American asset management firm, Apollo, swooped in and outflanked Castlelake to secure the…
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