Banks
-

Euro: Spikes higher against US Dollar on Treasury buybacks – Danske Bank
Danske Research Team notes that EUR/USD jumped after the US Treasury increased buyback volumes of longer-dated US Treasuries, flattening the…
Read More » -

China: Policy support and structural shifts – HSBC
HSBC strategists review July data and the latest China Politburo guidance. Retail sales and Fixed Asset Investment softened, while Industrial…
Read More » -

Euro: Domestic demand resilience supports EUR – BNY
BNY’s Geoff Yu highlights European Central Bank (ECB) President Christine Lagarde’s warning that Europe’s post-war growth model is eroding as…
Read More » -

US Dollar: Fed minutes watched as rate doubts grow – Commerzbank
Commerzbank’s Antje Praefcke says markets will scrutinize the latest Fed minutes for clues on how close policymakers remain to another rate hike…
Read More » -

Indonesian Rupiah: Policy continuity supports currency – Societe Generale
Societe Generale analysts Galvin Chia and Kunal Kundu note that Bank Indonesia kept the BI rate at 5.75%, with deposit and lending…
Read More » -

Asia FX: Lower US yields offset Oil risk – MUFG
MUFG’s Lloyd Chan notes that the Korean Won (KRW) and Taiwan Dollar (TWD) are leading Asia FX gains as softer…
Read More » -

Japanese Yen: JGB spillover supports firmer JPY against US Dollar – OCBC
OCBC’s Sim Moh Siong and Christopher Wong highlight that rising long-end Japanese government bond yields are increasingly influencing global curves…
Read More » -

Indonesian Rupiah: BI seen hiking to anchor rupiah – UOB
UOB strategists highlight Bank Indonesia’s (BI) policy meeting, with consensus expecting no change but its macro team forecasting a 25…
Read More » -

British Pound: Softer as jobs data cools hikes – ING
ING’s Chris Turner reports a firmer EUR/GBP after UK labour data, with economist James Smith highlighting a cool jobs market and minimal…
Read More » -

US Dollar: Carry-supported but rangebound near term – OCBC
OCBC’s Sim Moh Siong and Christopher Wong highlight that still-attractive US Dollar (USD) carry and softer United States (US) data,…
Read More »









