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BoC’s Macklem: Inflation is clearly above target
Speaking at a policy panel at the European Central Bank’s (ECB) Forum on Central Banking on Wednesday, Bank of Canada (BoC) Governor Tiff Macklem said that Canada’s economy remains soft, while inflation is still running clearly above target.
Wed, Jul 1

Thailand: Stable conditions support Thai Baht – Commerzbank
Commerzbank’s Thailand update says May data show broadly stable economic conditions, with exports still supported by global electronics demand but facing risks from US trade policy and regional manufacturing weakness.
Wed, Jul 1

China: PMIs temper easing expectations – MUFG
Michael Wan at MUFG reports that China’s manufacturing and non-manufacturing PMI data surprised on the upside, easing fears of imminent policy easing.
Wed, Jul 1

Singapore Dollar: Range-bound trade signals consolidation against US Dollar – UOB
UOB’s Quek Ser Leang notes USD/SGD is consolidating after Monday’s dip, with intraday momentum flat and the pair expected to hold a narrow 1.2925–1.2955 band. On a 1–3 week horizon, the bank keeps a neutral stance, projecting a broader 1.2870–1.2970 range.
Wed, Jul 1

United States Dollar Index holds above 101.00 amid Fed rate hike bets, NFP in focus
The US Dollar Index (DXY) holds firm on Wednesday as traders digest weaker-than-expected US economic data and remarks from Federal Reserve (Fed) Chair Kevin Warsh.
Wed, Jul 1

Gold surges amid mixed US data and Fed’s Warsh remarks
Gold (XAU/USD) price advances nearly 2% on Wednesday amid a strong US Dollar and high US Treasury yields, as US economic data was mixed and the Federal Reserve (Fed) Chair Kevin Warsh reiterated the central bank’s commitment to price stability.
Wed, Jul 1

Japanese Yen steadies near 40-year low amid mixed US data
The USD/JPY pair trades without a clear direction near 162.50 on Wednesday as investors digest mixed United States (US) economic data and persistent pressure on the Japanese Yen (JPY).
Wed, Jul 1

Dogecoin vs Shiba Inu: DOGE and SHIB start July with similar setups
The cryptocurrency market shows subtle signs of rebounding on Wednesday after facing intense headwinds over the past few weeks, largely attributed to geopolitical tensions, macroeconomic uncertainty and risk-averse sentiment.
Wed, Jul 1

WTI extends losses as recovering Hormuz flows, OPEC+ supply outlook weigh
West Texas Intermediate (WTI) crude Oil remains under pressure on Wednesday as improving crude flows through the Strait of Hormuz push prices back to levels seen before the US-Iran war, overshadowing the latest US inventory data.
Wed, Jul 1

Kevin Warsh offers no policy clues: Why markets still got their answer
Financial markets came to Sintra looking for clues about the Federal Reserve's (Fed) next move. They largely left with confirmation that Fed Chair Kevin Warsh intends to make those clues much harder to find.
Wed, Jul 1

Dow Jones Industrial Average tops records on borrowed strength
The Dow Jones Industrial Average (DJIA) hit a fresh record on Wednesday, clipping 52,500 and completing a round trip from April's rout to all-time highs. The headline number flatters the detail underneath it, because the index that set this record is not quite the one that traded a week ago.
Wed, Jul 1

Russia Unemployment Rate down to 2.1% in May from previous 2.2%
Russia Unemployment Rate down to 2.1% in May from previous 2.2%
Wed, Jul 1

British Pound climbs on soft US data, despite Warsh’s hawkish tilt
The Pound Sterling registers a gain of 0.14% on Wednesday amid broad US Dollar strength and comments by the Fed Chair Kevin Warsh, who reiterated that the central bank would not provide forward guidance, despite accepting that inflation remains too high.
Wed, Jul 1

Warsh stays on message as inflation remains the Fed's top priority
At the ECB Forum in Sintra, Fed Chair Kevin Warsh largely followed the script, offering little to change the market’s current view on monetary policy.
Wed, Jul 1

Australian Dollar as stronger US Dollar offsets cautious Aussie outlook
AUD/USD fell to 0.6900 on Wednesday and is now trading cautiously as investors digest mixed United States (US) economic data. The latest ISM Manufacturing Purchasing Managers Index (PMI) showing factory activity remained in expansion, while ADP private payrolls pointed to a softer pace of hiring.
Wed, Jul 1

Euro pares losses as soft-than-expected US data and Warsh's remarks weigh on the Greenback
EUR/USD pares some of its losses on Wednesday as softer-than-expected US economic data and remarks from Federal Reserve (Fed) Chair Kevin Warsh weigh on the US Dollar (USD).
Wed, Jul 1

Colombia: Hawkish BanRep tightening bias – Societe Generale
Societe Generale’s Dev Ashish notes that Banco de la República delivered a larger-than-expected 75bp hike to 12%, reinforcing a restrictive stance as inflation and expectations stay well above target.
Wed, Jul 1

Silver rebounds above $60 as softer US data, Warsh remarks weigh on the US Dollar
Silver (XAG/USD) rebounds on Wednesday and trades around $60.35, up 3.19% at the time of writing. The white metal is supported by a weaker US Dollar (USD) following softer-than-expected US economic data and comments from Federal Reserve (Fed) Chair Kevin Warsh.
Wed, Jul 1

India: Nowcast points to slower expansion – DBS
DBS' Senior Economist Radhika Rao with data support from Daisy Sharma, highlights that India’s real Gross Domestic Product (GDP) grew 7.8% year-on-year in 1Q26, slightly below the revised 8.0% in 3QFY26.
Wed, Jul 1

Ripple Price Forecast: XRP falters near $1.00 as demand dries up
Ripple (XRP) is trading around $1.04 at the time of writing on Wednesday, grinding toward the psychological $1.00 support. The remittance sector continues to struggle to make meaningful rebounds, reflecting persistent headwinds across the broader crypto market.
Wed, Jul 1


