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British Pound: Neutral stance against US Dollar with carry support – OCBC
OCBC strategists Sim Moh Siong and Christopher Wong highlight that the Pound (GBP) remains resilient to local political developments and fiscal risks, supported by foreign inflows into gilts and the Bank of England’s (BoE) reluctance to ease policy amid resilient growth and disinflation.
Germany annual CPI inflation softens to 2.3% in June vs. 2.5% expected
Annual inflation in Germany, as measured by the change in the Consumer Price Index (CPI), softened to 2.3% in June's flash estimate from 2.6% in May. This print came in below the market expectation of 2.5%. On a monthly basis, the CPI declined 0.3% following the 0.2% decrease recorded in May.
Fxstreet
Tue, Jun 30
India: Capital flows supported by RBI and government – DBS
DBS economist Radhika Rao details India’s capital account challenges, citing weakening capital flows, softer foreign portfolio inflows and narrower net Foreign Direct Investment (FDI) that pushed the balance of payments into deficit in FY26.Fxstreet
Tue, Jun 30
BoJ’s Sato: De-escalation of Middle East conflict is welcome move, uncertainty remains
Japanese Prime Minister (PM) Sanae Takaichi's administration newly appointed Bank of Japan (BoJ) board member, Ayano Sato, said in his scheduled press conference during the European trading session on Tuesday that the de-escalation of the Middle East conflict is welcome news for the economy, but uncFxstreet
Tue, Jun 30
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