Banks
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Chinese Yuan: Strengthens into US–China summit – Societe Generale
Societe Generale analysts observe USD/CNY trading below 6.80, with the Chinese Yuan at its strongest level since February 2023 ahead…
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British Pound: Political risks drags against Euro – ING
ING’s Chris Turner notes Sterling is softening after UK local elections, as Labour’s losses fuel talk of a leadership contest…
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Euro: Vulnerable against US dollar ahead of US CPI – Deutsche Bank
Deutsche Bank’s Jim Reid and team say markets are digesting a firm US payrolls report that reinforced views of a…
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China: War risks reshape growth outlook – Rabobank
Rabobank strategists assess how the US and Israel’s war against Iran could affect China. They note higher Oil and gas…
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Taiwan: Export slowdown but outlook bright – ING
ING’s Chief Economist for Greater China, Lynn Song, notes that Taiwan’s April trade data showed slower export and import growth…
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Indonesia: Growth momentum seen easing – Standard Chartered
Standard Chartered’s Aldian Taloputra notes Indonesia’s GDP growth accelerated to 5.6% year-on-year in Q1 2026, driven by front-loaded fiscal stimulus, seasonal festival…
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Brazil: IPCA shock complicates easing path – Wells Fargo
Wells Fargo Economics projects Brazil’s April IPCA inflation to rise 0.9% month-over-month and around 4.5% year-over-year, near or above the…
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Asia FX – Divergent paths under Hormuz scenarios – MUFG
MUFG economists Lin Li, Michael Wan, Lloyd Chan and Khang Sek Lee outline a base case where the reopening of…
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Aluminium: Bauxite export cap threatens supply – Commerzbank
Commerzbank’s Thu Lan Nguyen argues that any relief from a potential reopening of the Strait of Hormuz for Aluminium will…
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USD/JPY: Recovery risks for carry trades – Societe Generale
Societe Generale analysts argue that the Japanese Yen remains significantly undervalued versus the Dollar on a purchasing power parity basis,…
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