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Earnings
British Pound: BoE pause risks dovish repricing – ING
ING’s Francesco Pesole expects the Bank of England (BoE) to leave rates unchanged this week, with a 7–2 vote remaining the base case, although Catherine Mann could join Huw Pill and Megan Greene in supporting a rate hike.
EUR/GBP
GBP/USD
Fxstreet
Mon, Jul 27
Japan PM Takaichi: We must exit from excessively tight fiscal policy
Japan Prime Minister (PM) Sanae Takaichi said during the European trading session on Monday that the economy needs to exit from fiscal tightness.
Fxstreet
Mon, Jul 27
Brent: Market weighs de-escalation signals – ING
ING analysts Warren Patterson and Ewa Manthey note that Brent has retreated sharply, briefly dropping below US$90/bbl as the US and Iran paused further strikes.
Brent
Fxstreet
Mon, Jul 27
US Dollar: Fed communication key for path – OCBC
OCBC’s Sim Moh Siong and Christopher Wong highlight that markets have repriced the risk of a July Fed hike higher after Oil-driven inflation worries, but still expect no move.
US Dollar Index
Fxstreet
Mon, Jul 27
Iran’s Baghaei: Iran has not asked for resumption of talks with the US
Iran's Foreign Ministry spokesperson Esmail Baghaei said during the European trading session on Monday that mediation efforts by Gulf countries towards the United States (US)-Iran diplomatic solution remain active, but Tehran is not having direct talks with Washington.
Fxstreet
Mon, Jul 27
Euro: Energy risks cap recovery against US Dollar – ING
ING’s Francesco Pesole notes that EUR/USD has rebounded above 1.140 on lower Oil prices but argues the move looks optimistic without a clear de-escalation in geopolitical tensions.
EUR/USD
Fxstreet
Mon, Jul 27
ECB’s Kazimir: One more interest rate hike is needed
European Central Bank (ECB) Governing Council member and Governor of the National Bank of Slovakia (NBS), Peter Kazimir, seems to be leaning towards a hawkish monetary policy outlook.
Fxstreet
Mon, Jul 27
Germany’s IFO Business Climate Index improves to 86.6 in July, beats estimates
The German IFO Institute Business Climate Index improves to 86.6 in July, higher than 86.1 estimates and the June’s reading of 85.7, revised higher from 85.6.
Fxstreet
Mon, Jul 27
Forex Today: US and Iran halt strikes, boosting mood to start Fed week
Here is what you need to know on Monday, July 27:
Fxstreet
Mon, Jul 27
ECB’s Žigman: Central bank is committed to ensure inflation stable around 2%
The remarks from European Central Bank (ECB) Governing Council member and Governor of Croatia's central bank, Ante Žigman, in an interview with Jutarnji List, released during the European trading session on Monday, signal that the central bank will remain vigilant about the intensity and duration of
Fxstreet
Mon, Jul 27
Equities: Earnings and Fed keep risk balanced – Deutsche Bank
Deutsche Bank’s strategists note that global equities delivered a mixed performance, with the S&P 500 posting a second consecutive weekly decline even as semiconductor shares recovered. European and some Asian markets fared better, while US futures moved higher at the start of the week.
SPX500
Fxstreet
Mon, Jul 27
India Gold price today: Gold rises, according to FXStreet data
Gold prices rose in India on Monday, according to data compiled by FXStreet.
Gold
Fxstreet
Mon, Jul 27
Indonesian Rupiah weakens as Bank Indonesia Governor Perry Warjiyo resigns
USD/IDR has recovered its losses from the previous trading day, hovering around 18,050 during the Asian hours on Monday.
Fxstreet
Mon, Jul 27
Japan Corporate Service Price Index (YoY): 3.2% (June) vs previous 3.3%
Fxstreet
Mon, Jul 27
Japanese Yen gains as oil prices fall after US-Iran strike pause
USD/JPY remains subdued for the second successive day, trading around 163.60 during the Asian hours on Monday.
USD/JPY
Fxstreet
Mon, Jul 27
Middle East War updates: US-Iran pause strikes as Trump weighs up diplomatic options
Here’s a brief recap of the key developments in the Middle East war that occurred over the weekend, which are expected to have a significant impact on markets in the upcoming week.
US Dollar Index
Fxstreet
Mon, Jul 27
Singapore Dollar: MAS seen on hold with cautious inflation tone – OCBC
OCBC’s Sim Moh Siong and Christopher Wong expect the Monetary Authority of Singapore (MAS) to leave the Singapore Dollar (SGD) Nominal Effective Exchange Rate (S$NEER) policy unchanged at Monday’s meeting despite a modest rebound in core Consumer Price Index (CPI) to 1.6% year-on-year in June.
USD/SGD
Fxstreet
Fri, Jul 24
Malaysia: Solid fundamentals support Ringgit and bonds – DBS
DBS Group Research economist Chua Han Teng argues that Malaysia’s financial markets reflect confidence in the country’s solid domestic fundamentals despite lingering Middle East geopolitical risks.
Gold
Fxstreet
Fri, Jul 24
South Korean Won: Strong GDP and inflows support Won – Commerzbank
Commerzbank reports that South Korea’s advance Q2 GDP rose 0.6% quarter-on-quarter and 3.7% year-on-year, beating expectations. Robust AI-related semiconductor demand and resilient domestic spending underpin growth. The strong data support prospects of a further 25bp Bank of Korea hike in August.
Fxstreet
Fri, Jul 24
United Kingdom CFTC GBP NC Net Positions up to £-55.6K from previous £-71.3K
Fxstreet
Fri, Jul 24
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