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European Central Bank: Inflation risks support another hike - Nordea
Nordea strategists note that Euro-area flash inflation rose to 3.3% year-on-year in August, driven mainly by higher energy inflation, while core inflation edged down to 2.4% on weaker services.
Fxstreet
Tue, Sep 1
Indian Rupee: Strong GDP underpins higher INR yields – MUFG
MUFG’s Michael Wan highlights India’s strong GDP data, with Q1 FY2026-27 growth at 7.8% year-on-year versus 7.1% consensus. Resilient domestic demand, robust credit growth and supportive fiscal policy underpin his view that Indian rates are likely to grind higher.
Fxstreet
Tue, Sep 1
Polish Zloty: Fiscal risks cap gains against Euro - Societe Generale
Societe Generale notes that the Polish Zloty strengthened while domestic bonds sold off as August inflation and second-quarter Gross Domestic Product (GDP) exceeded expectations and the government presented its 2027 budget.
EUR/PLN
Fxstreet
Tue, Sep 1
CEE FX: Hawkish repricing supports regional currencies – ING
ING strategist Frantisek Taborsky reports that Polish inflation surprised to 3.4% on higher fuel prices, while food prices fell, and a busy data calendar looms for Central and Eastern Europe.
USD/CZK
Fxstreet
Tue, Sep 1
Euro holds losses against Canadian Dollar following Eurozone HICP data
EUR/CAD continues its losing streak for the fourth successive day, trading around 1.6080 during the European hours on Tuesday. The currency pair continues to trade under pressure as the Euro (EUR) remains subdued.
EUR/CAD
Fxstreet
Tue, Sep 1
Indian Rupee: RBI tightening path seen shallow – Standard Chartered
Standard Chartered strategists Anubhuti Sahay and Saurav Anand expect the Reserve Bank of India (RBI) to deliver a total of 50bps of repo rate hikes in FY27, split between October and December 2026, citing resilient activity and hawkish August Monetary Policy Committee (MPC) minutes.
Fxstreet
Tue, Sep 1
Brent: Uptrend eyes 102 and 110 – Societe Generale
Societe Generale strategists note Brent has held above key moving averages near $85/84, keeping upward momentum intact as geopolitical tensions and higher energy prices drive a broader bond rout.
Brent
Fxstreet
Tue, Sep 1
Forex Today: Focus shifts to Eurozone inflation and mid-tier US data releases
Here is what you need to know on Tuesday, September 1:
Fxstreet
Tue, Sep 1
Euro: Proactive ECB seen as supportive – Commerzbank
Michael Pfister at Commerzbank notes that several central banks, including the European Central Bank (ECB), have already raised rates following the inflation shock linked to the Iran conflict.
EUR/USD
Fxstreet
Tue, Sep 1
Equities: Geopolitics and yields pressure stocks - Deutsche Bank
Deutsche Bank’s Jim Reid notes that global equities ended August on a softer footing as escalating US-Iran tensions and a hawkish Jackson Hole speech from Fed Chair Warsh weighed on risk sentiment.
Fxstreet
Tue, Sep 1
British Pound: Downside risk focuses on 1.3480 against US Dollar – UOB
United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann note that GBP/USD remains in a short-term range after last week’s sharp drop, with intraday trade expected between 1.3535 and 1.3570.
GBP/USD
Fxstreet
Tue, Sep 1
Euro: Modest rebound against US Dollar as yields rise – Danske Bank
Danske Research Team notes that EUR/USD has modestly rebounded above 1.16 following recent Dollar strength after Fed Chair Kevin Warsh’s Jackson Hole speech.
EUR/USD
Fxstreet
Tue, Sep 1
Germany’s Retail Sales fall by 3.4% MoM in July vs. 0.4% expected
German Retail Sales, a key measure of consumer spending, showed a downside in July. The consumer spending measure fell 3.4% month-on-month (MoM), according to official data released by Destatis, while it was expected to have increased 0.4%. In June, Retail Sales arrived at 0% (revised from -1.1%).
EUR/USD
Fxstreet
Tue, Sep 1
United Kingdom Nationwide Housing Prices s.a (MoM) registered at 0.2% above expectations (0.1%) in August
Fxstreet
Tue, Sep 1
United Kingdom Nationwide Housing Prices n.s.a (YoY) below expectations (2%) in August: Actual (1.6%)
Fxstreet
Tue, Sep 1
Russia S&P Global Manufacturing PMI: 48.8 (August) vs previous 50.7
Fxstreet
Tue, Sep 1
Indonesian Rupiah declines despite higher August inflation
USD/IDR edges higher after registering minor losses, trading around 17,770 during the Asian hours on Tuesday. The currency pair holds its ground as the US Dollar (USD) rebounds, driven by hawkish sentiment surrounding the Federal Reserve (Fed).
Fxstreet
Tue, Sep 1
India HSBC Manufacturing PMI below expectations (52.9) in August: Actual (52.8)
Fxstreet
Tue, Sep 1
Japan Consumer Confidence Index came in at 35.5, above forecasts (35) in August
USD/JPY
Fxstreet
Tue, Sep 1
Indonesia Imports above expectations (24.1%) in July: Actual (27.02%)
Fxstreet
Tue, Sep 1
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