Banks
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Equities: Rally remains selective and regionally split – Danske Bank
Danske Research Team reports that equities continue to grind higher, led by US and tech names, while cyclicals outperform and consumer staples…
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EUR/HUF: MNB is expected to hold rates – ING
ING strategist Frantisek Taborsky says Hungary remains central in Central and Eastern European (CEE), with the first post‑election central bank…
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Asian FX: Oil risk threatens recovery momentum – OCBC
OCBC strategists Sim Moh Siong and Christopher Wong note most Asian FX have firmed, led by MYR, THB and TWD,…
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USD/JPY: Convergence delayed but capped by intervention – HSBC
HSBC strategists highlight that the Japanese Yen (JPY) has been the weakest G10 currency month-to-date, with USD/JPY trading in an…
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EUR/USD: EU policy risks and weaker German sentiment – BNY
BNY’s Bob Savage highlights that China has criticized the European Union’s (EU) proposed Industrial Accelerator Act as discriminatory, warning of…
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USD: Conflict duration shapes performance – Societe Generale
Societe Generale’s Kit Juckes notes the US Dollar (USD) is currently soft as markets react to hopes of a Gulf…
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Oil: Prices supported by US-Iran stalemate – ING
ING analysts Warren Patterson and Ewa Manthey note that Oil has rallied strongly as US-Iran peace talks stall and energy…
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Fed: Gradual easing path under Warsh – UOB
UOB strategists Suan Teck Kin and Alvin Liew assess how a potential Kevin Warsh Fed chairmanship could shape United States (US) monetary…
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DXY: Rebound stalls below 100 – DBS
Philip Wee of DBS Group Research observes that the US Dollar (USD), as measured by the US Dollar Index (DXY),…
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EUR/GBP: Hawkish BoE repricing offsets politics – MUFG
MUFG’s Lee Hardman highlights that the Pound (GBP) has outperformed, pushing EUR/GBP to new lows as markets price a more…
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