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TREASURIES-US yields tick up as traders stick with bets on September rate cut
US yields inch up after homebuilder sentiment data US 2/10 yield curve hits steepest level since mid-July Markets focus on Jackson Hole central bank meetingBy Matt Tracy WASHINGTON, Aug 18 (Reuters) - U.S. Treasury yields ticked up slightly on Monday as investors held onto bets that the Federal R...Reuters
Mon, Aug 18
Euro zone bond yields dip before Ukraine talks, Jackson Hole
By Samuel Indyk and Lucy Raitano LONDON, Aug 18 (Reuters) - Euro zone bond yields slipped slightly on Monday after rising last week as investors scaled back bets of a jumbo rate cut from the Federal Reserve, with eyes now on Washington where Ukraine's Volodymyr Zelenskiy and European leaders ...Reuters
Mon, Aug 18
TREASURIES-US yields dip as traders stick with bets on September rate cut
By Matt Tracy WASHINGTON, Aug 18 (Reuters) - U.S. Treasury yields ticked lower in early trading on Monday as the market strongly held onto bets that the Federal Reserve would cut interest rates next month despite data last week showing stronger-than-expected producer price inflation in July.The y...Reuters
Mon, Aug 18
US homebuilder sentiment dips back to lowest level since late 2022
Homebuilder sentiment falls unexpectedly, lowest since December 2022Affordability, high mortgage rates challenge housing marketBuilders use price cuts, incentives to attract buyers Aug 18 (Reuters) - A gauge of U.S. homebuilder sentiment fell unexpectedly in August, slipping back to its lowest le...Reuters
Mon, Aug 18
Nearly 90% of videogame developers use AI agents, Google study shows
By Zaheer Kachwala Aug 18 (Reuters) - A Google Cloud survey showed that 87% of videogame developers are using artificial intelligence agents to streamline and automate tasks, as the industry focuses on optimizing costs following a wave of record layoffs.Most of the respondents in the report, publ...Reuters
Mon, Aug 18
Brazil GDP proxy dips in June on weaker farming sector
BRASILIA, Aug 18 (Reuters) - Brazil's economic activity contracted in June, central bank data showed on Monday, reinforcing signs of a slowdown under the weight of high borrowing costs.The IBC-Br index, a proxy for gross domestic product, fell 0.1% in June from May on a seasonally adjusted basis...Reuters
Mon, Aug 18
Canadian housing starts rise 4% in July -CMHC
TORONTO, Aug 18 (Reuters) - Canadian housing starts unexpectedly rose in July, advancing 4% from the previous month, data from the national housing agency showed on Monday.The seasonally adjusted annualized rate of housing starts rose to 294,085 units from a revised 283,523 units in June, the Canadi...Reuters
Mon, Aug 18
USD/CNH: Downward momentum is building – UOB Group
Slight increase in momentum is likely to lead to US Dollar (USD) trading in a higher range of 7.1800/7.1950. In the longer run, downward momentum is building; for a continued decline, USD must first close below 7.1700, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Mon, Aug 18
Brazil economists see 2025 inflation at 4.95% - cenbank poll
Aug 18 (Reuters) - Brazil central bank:BRAZIL ECONOMISTS SEE ANNUAL IPCA INFLATION INDEX REACHING 4.95% IN 2025 VERSUS 5.05% IN PREVIOUS ESTIMATE - CENBANK POLLBRAZIL ECONOMISTS SEE ANNUAL IPCA INFLATION INDEX REACHING 4.40% IN 2026 VERSUS 4.41% IN PREVIOUS ESTIMATE - CENBANK POLLBRAZIL ECONOMISTS S...Reuters
Mon, Aug 18
India recommends import tariffs for three years on some steel products
Aug 18 (Reuters) - India has recommended a three-year import tariff of 11%-12% on some steel products to curb shipments from top producer China. The levy, if imposed, will start at 12%. It will be eased to 11.5% in the second year and to 11% in the third year, the Directorate General of Trade ...Reuters
Mon, Aug 18
RUB: Negative on balance – Commerzbank
The summit in Alaska between US President Trump and Russian President Putin generated some diplomatic optics but no resolution or ceasefire. Talks reportedly centred around land swaps, security guarantees and the outline of a trilateral format with Ukraine.Fxstreet
Mon, Aug 18
USD: Benign conditions should keep the dollar offered – ING
The Western press was quick to conclude that Friday's summit between US President Donald Trump and Russian President Vladimir Putin was a failure in that Trump had been dragged down an off-ramp away from a ceasefire and renewed Russian sanctions.Fxstreet
Mon, Aug 18
EUR/CHF holds above 50-DMA – Société Générale
EUR/CHF has stabilized above the 50-day moving average, reducing downside momentum. The pair now tests the 0.9500 resistance zone, where a breakout could pave the way for a broader rebound, while support remains at 0.9390/0.9360, Société Générale's FX analysts note.
Fxstreet
Mon, Aug 18
