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Metals

Gold extends rally as markets await US PCE and Warsh’s Jackson Hole speech
Gold extends last week’s strong rally and climbs to its highest level since May 15. Traders await US PCE inflation…
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Banks

Australian Dollar: Cooling inflation but carry remains supportive – BBH
Brown Brothers Harriman’s (BBH) Elias Haddad expects Australia’s July Consumer Price Index (CPI) to ease, with headline and trimmed mean…
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Banks

CEE FX: Koruna leads as policy diverges – Commerzbank
Commerzbank’s Tatha Ghose reviews recent CEE FX performance, noting that the euro’s strength above 1.17 has supported high-beta PLN and…
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Banks

Hungarian Forint: MNB easing and HUF carry prospects – BNY
BNY’s Geoff Yu describes Hungary as a constructive story within EMEA, with post-election re-rating and scope for continued MNB easing.…
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Banks

Canadian Dollar: GDP rebound supports Loonie – TD Securities
TD Securities economists Robert Both and Emma Lawrence expect Canada’s Q2 National Accounts to show a sharp rebound in Gross…
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Banks

US Dollar: Debasement narrative caps upside – OCBC
OCBC’s Sim Moh Siong and Christopher Wong note that the US Treasury’s expanded long-end buyback programme has revived market fears…
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Banks

Gold: Breakout sustains upward momentum – Societe Generale
Societe Generale analysts highlight that Gold has broken out of a small base formation, reclaimed its 200‑DMA and is enjoying…
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Markets

Market awaits Nvidia’s results and Jackson Hole
We are facing the publication of perhaps the most anticipated quarterly results of the season. On Wednesday, Nvidia will publish…
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Markets

Chart of the Day: Trump drives the Canadian dollar sell-off
The week has begun with relatively low volatility in the currency market. An exception is the Canadian dollar, which is…
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Markets

Oil prices heading back down?
According to reports from Axios, Friday night saw increased activity in the Strait of Hormuz. Approximately 16 million barrels were…
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