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China: Beijing balances tariff pushback and dialogue – BNY
Geoff Yu at BNY reports that China is opposing potential new U.S. Section 301 tariffs while keeping communication channels open. Beijing has threatened “necessary measures” in response to additional duties but continues high-level engagement ahead of a possible Trump–Xi summit.
Thu, Aug 27
British Pound Sterling borrows a month it did not earn
GBP/USD holds near 1.3600 on Thursday, effectively unchanged at minus 0.05% across a range of barely thirty pips, a third session of drift beneath the high just short of 1.3700 posted earlier this week.
Thu, Aug 27
Solana, Avalanche, Chainlink see gains as Charles Schwab plans to roll out spot trading products
Charles Schwab plans to expand its crypto trading offering by adding spot trading for Solana (SOL), Avalanche (AVAX) and Chainlink (LINK) to its Schwab Crypto platform, according to a statement on Thursday.
Thu, Aug 27
Mexican Peso edges lower as solid US jobs boosts the USD
The Mexican Peso loses ground modestly against the US Dollar, after economic data in the United States revealed that the jobs market is solid, while inflation remains above the Federal Reserve’s 2% goal. This suggests that higher interest rates are warranted, a tailwind for the Greenback.
Thu, Aug 27
New Zealand's Kiwi prices a hike it has already delivered
NZD/USD holds just beneath 0.5950 on Thursday, unchanged on the session across a range of twenty-two pips and some forty-five pips under the window high just short of 0.6000 set in early June.
Thu, Aug 27
South Korean Won: Rate hikes and undervaluation support KRW – BNY
BNY’s Geoff Yu highlights that the Bank of Korea’s 25bp hike to 3.00% and upgraded growth and inflation forecasts underline ongoing tightening risks. Robust exports and investment are supporting the economy, though stronger demand could fuel inflation and household debt.
Thu, Aug 27
Singapore Dollar: Near-term downside risks against US Dollar – OCBC
OCBC Bank strategists Sim Moh Siong and Christopher Wong note that USD/SGD traded slightly firmer as resilient US data halted US Dollar downside pressure, though the pair remains subdued and rangebound ahead of Chair Warsh’s Jackson Hole speech.
Thu, Aug 27
Philippine Peso: Policy behind curve keeps currency lagging – BBH
Brown Brothers Harriman’s (BBH) Elias Haddad sees the Philippine Peso underperforming its Asian peers after the Bangko Sentral ng Pilipinas (BSP) delivered a third consecutive 25 bps rate hike to 5.00%.
Thu, Aug 27
Indonesian Rupiah: Policy synergy focus supports IDR – DBS
DBS Group Research economist Radhika Rao notes that Indonesia’s parliament has held fit-and-proper hearings for BI Governor nominee Destry Damayanti, who signalled continuity, robust policy tools and stronger coordination with fiscal authorities.
Thu, Aug 27
Thai Baht: Consolidation expected in defined range against US Dollar – Commerzbank
Commerzbank FX Analyst Charlie Lay reports USD/THB has eased from around 33.90 in late July to about 32.70, helped by a softer Dollar.
Thu, Aug 27
South Korean Won: Undervalued currency backed by BoK hikes – BBH
Brown Brothers Harriman’s (BBH) Elias Haddad highlights USD/KRW near a one‑year low after the Bank of Korea (BoK) delivered a back‑to‑back 25bps hike to 3.00%.
Thu, Aug 27
Chinese Yuan: Measured RMB appreciation with two-way risks – OCBC
OCBC Bank strategists Sim Moh Siong and Christopher Wong highlight that USD/CNH has edged higher alongside a broader US Dollar (USD) rebound and firmer US Treasury yields, while the People's Bank of China (PBoC) continues to prefer a gradual appreciation path.
Thu, Aug 27
Fed’s Collins says PCE does not change restrictive policy view
The Boston Fed President, Suan Collins, crossed the wires on Thursday as the Jackson Hole Symposium began. She said that the recent PCE report does not change the view that policy is restrictive and will lead to gradual disinflation.
Thu, Aug 27
US President Trump hits Canada on trade, says Hormuz Oil keeps flowing
US President Donald Trump held a press conference at the White House, in which he insisted that Canada has been ripping off the US on trade and that it wants to be “treated like a state.”
Thu, Aug 27
Crude Oil takes back the reopening it bought on Tuesday
Crude Oil trades near $83.50 on Thursday, ahead 2.52% and more than $3.00 above a session low just above $80.00 printed at 07:00 GMT.
Thu, Aug 27
Australian Dollar gains on hawkish RBA outlook, Warsh speech in focus
The Australian Dollar (AUD) outperforms its major peers on Thursday, buoyed by hawkish Reserve Bank of Australia (RBA) expectations after Australian inflation data released on Wednesday surprised to the upside. A softer US Dollar (USD) provides additional support.
Thu, Aug 27
Fed’s Hammack says policy restrictiveness still needed
The Cleveland Fed President Beth Hammack crossed the wires once more in Fox Business, stating that the job market is broadly in balance, while adding that “we need restrictiveness in policy.”
Thu, Aug 27
The US Dollar Index sits still through two hawkish speeches
The US Dollar Index trades just above 99.00 on Thursday, unchanged on the session across a range of less than a fifth of a point. That sits roughly 2.6% beneath the June peak just under 102.00 and beneath a rolling 50-day Exponential Moving Average (EMA) near 100.00 and a flat 200-day near 99.75.
Thu, Aug 27
Gold edges higher as falling yields offset Fed hawkish talk
Gold (XAU/USD) drifts higher on Thursday, up 0.25% after US jobs data was solid, while the trade deficit widened the most since US President Donald Trump's “Liberation Day.” Also, falling US Treasury yields and muted price action as investors eye Federal Reserve (Fed) Chair Kevin Warsh's speech keep
Thu, Aug 27
US Treasury Secretary Bessent to press G20 ministers on Iran funding
The US Treasury Secretary Scott Bessent will be making direct asks to finance ministers at the G20 meeting, to cut off economic flows that sustain the Iranian regime and the Islamic Republic Guards Corps, according to Fox Business News (FBN).
Thu, Aug 27
