Banks
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S&P 500: Fresh records with easing stagflation fears – Deutsche Bank
Deutsche Bank analysts note that the S&P 500 has reached new record highs as stagflation fears eased on lower Oil…
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Canadian Dollar: Recovery doubts delay BoC hikes – Commerzbank
Commerzbank’s Michael Pfister notes that Canada’s first-quarter real Gross Domestic Product (GDP) unexpectedly contracted and the previous quarter was revised…
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Euro: Moves with yields and energy prices against US Dollar – Danske Bank
Danske Research Team notes that EUR/USD ended last week around 1.1650 after a sharp drop in Oil prices, with US…
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Canadian Dollar: Rebalancing offers near-term relief – BNY
Geoff Yu at BNY highlights that Canadian Dollar (CAD) dynamics differ from the U.S., with equity-based rebalancing pointing toward CAD…
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Brent: Crude breaks lower on US-Iran optimism – MUFG
MUFG’s Lloyd Chan reports that Brent has fallen below earlier May lows, with prices dropping to around $94 per barrel.…
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US Dollar: Data focus and Fed expectations – Commerzbank
Commerzbank’s Michael Pfister notes that if negotiations with Iran fail to progress, markets will turn to a heavy slate of…
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Euro: Mild downside bias within range against US Dollar – UOB
UOB’s Quek Ser Leang and Lee Sue Ann report EUR/USD closed almost unchanged near 1.1625 after a brief spike to 1.1660. They…
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Australian Dollar: 0.7070 support in focus against USD – Societe Generale
Societe Generale analysts highlight that AUD/USD has pulled back toward its 50-day moving average after an interim high near 0.7280. Softer Australia…
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Brent: Pullback from recent peak tempers yields – Danske Bank
Danske Research Team highlights that Brent Oil has eased from a recent high near USD 100.5 per barrel to around…
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New Zealand Dollar: Hawkish RBNZ shift supports NZD – Standard Chartered
Standard Chartered’s Bader Al Sarraf and Nicholas Chia note that the Reserve Bank of New Zealand kept the OCR at…
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