Banks
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US Dollar: Fed-driven hedge rebuilding revives selling pressure – BNY
BNY’s Geoff Yu argues that the July Fed meeting marked a peak in Dollar dehedging rather than an end to U.S. exceptionalism.…
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Equities: AI rally and CPI relief lift US stocks – Deutsche Bank
Deutsche Bank strategists highlight that the S&P 500 closed just below its record high as US CPI data reduced urgency…
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Indian Rupee: Contained inflation supports RBI pause – Commerzbank
Commerzbank’s FX team notes India’s July CPI rose slightly to 4.5% year-on-year but stayed within the Reserve Bank of India’s…
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Oil: Supply disruptions raise deficit risks – ING
ING analysts Warren Patterson and Ewa Manthey note Oil prices have eased, with Brent crude ending largely flat as US-Iran…
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Euro: Range phase after failed upside break against US Dollar – UOB
United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann highlight that EUR/USD briefly spiked to 1.1562 on the US CPI…
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Euro: Soft US CPI could support gains against US Dollar – ING
Chris Turner at ING notes EUR/USD remains lacklustre despite better Eurozone data and upside surprises, as high European natural gas…
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Canadian Dollar: Looks to extend recovery against US Dollar – Societe Generale
Societe Generale’s Kenneth Broux highlights that the Canadian Dollar has recovered to its strongest level in two months, with USD/CAD mean‑reverting to…
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US Dollar: CPI-driven range signals carry focus – OCBC
OCBC’s Sim Moh Siong and Christopher Wong highlight that the US Dollar (USD) stayed mixed as markets waited for the…
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Oil: Hormuz risk supports prices – Commerzbank
Commerzbank’s Charlie Lay and Dr. Henry Hao note that Brent and WTI firmed as markets reassessed prospects for a Hormuz…
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British Pound: Budget uncertainty leaves Sterling vulnerable against Euro – Rabobank
Rabobank’s Senior FX Strategist Jane Foley outlines a cautious stance on UK fiscal prospects and their impact on EUR/GBP. The…
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