Banks
-

South Korea: Exports and inflation support rate hike path – DBS
DBS Group Research’s Ma Tieying expects South Korea’s June exports to remain very strong, with year-on-year growth around 50–60% and…
Read More » -

Chinese Yuan: Weakness against US Dollar seen as corrective – OCBC
OCBC’s FX strategists Sim Moh Siong and Christopher Wong note USD/CNH’s recent run-up has stalled, with the pair around 6.8020…
Read More » -

Indian Rupee: Rangebound performance with debt inflows – Societe Generale
Societe Generale strategists notes that the Indian Rupee (INR) traded broadly flat over the week but outperformed regional peers thanks…
Read More » -

Gold: Steadies after sharp correction – ING
ING strategists Warren Patterson and Ewa Manthey observe that Gold stabilized after dropping below the $4,000/oz mark earlier in the…
Read More » -

Australian Dollar: Still in weak phase against US Dollar – UOB
United Overseas Bank’s Quek Ser Leang and Lee Sue Ann note AUD/USD remains under pressure after an impulsive decline, though oversold conditions…
Read More » -

US Dollar: Strength extends as growth holds – Commerzbank
Commerzbank’s Volkmar Baur notes that despite easing Oil prices and lower inflation expectations, market pricing still anticipates at least one…
Read More » -

Equities: Tech selloff spreads despite chip strength – Deutsche Bank
Deutsche Bank strategists note that tech weakness extended from the Magnificent 7 and Apple into Asian markets, weighing on risk…
Read More » -

British Pound: Range trade holds against US Dollar – UOB
United Overseas Bank’s Quek Ser Leang and Lee Sue Ann note GBP/USD failed to test major support at 1.3110, instead…
Read More » -

Oil: Downside momentum persists as flows recover – ING
ING strategists Warren Patterson and Ewa Manthey note that Oil rebounded after a vessel was struck in the Persian Gulf,…
Read More » -

Japanese Yen: Bears eye 2024 low at 162.00 against US Dollar – UOB
United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann note that USD/JPY remains in a range-trading phase intraday,…
Read More »








