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Euro: Growth validation needed for value case – BNY

BNY’s Geoff Yu argues that Euro (EUR) assets show emerging value as the European Central Bank (ECB) holds policy and inflation pressures ease, but stresses that Purchasing Managers’ Index (PMI) data and earnings must co…

Finance

Fed: On-hold stance with upside hike risk – TD Securities

TD Securities expects the Federal Reserve to keep the Fed funds rate unchanged through 2026, as inflation stays above target and the labor market stabilizes. The bank notes a mixed Fedspeak backdrop, a blurrier reaction…

Finance

US Dollar Index: Higher energy supports DXY recovery – ING

ING’s Chris Turner notes that deteriorating Gulf headlines and higher energy prices are keeping the Dollar supported, even if US Dollar Index (DXY) remains about 1% below its June peak. Softer United States (US) Consume…

Finance

British Pound: Burnham honeymoon meets fiscal reality – ING

ING’s Chris Turner writes that Sterling has benefited from expectations Andy Burnham will appoint a fiscally cautious chancellor, alongside stale short positioning and M&A-related flows into United Kingdom (UK) equities…

Finance

Japanese Yen: BoJ expectations skewed to upside – BBH

Brown Brothers Harriman’s (BBH) Elias Haddad expects Japan’s June Consumer Price Index (CPI) to edge higher across headline and core measures, with core ex fresh food and energy steady at 1.8%. Swaps discount a 25 bps B…

Finance

Why is IP stock rallying today?

The US stock market surge today is not just about one earnings beat or one piece of economic data. It is the product of a very strange, very specific moment in financial history — where geopolitical chaos, an oil shock,…

Finance

Swiss Franc gains ground ahead of Trade Balance data

USD/CHF extends its gains for the second successive day, trading around 0.8070 during the Asian hours on Monday. The pair depreciates as the Swiss Franc (CHF) receives support ahead of the release of Trade Balance data …

Finance

FDA says Taylor Farms cyclospora finding was a false positive

Amid a nationwide rise in cases of cyclosporiasis — the illness caused by the “explosive diarrhea” parasite — officials have identified one possible source of an outbreak spanning Michigan and several other states.

Finance

Canadian Dollar edges higher to near 1.4000 as crude oil gains

The USD/CAD pair extends its downside to near 1.4005 during the Asian trading hours on Monday. Rising crude oil prices provide some support to the commodity-linked Canadian Dollar (CAD) against the US Dollar (USD). Trad…