Key Takeaways 💵 U.S. dollar supported by rising yields, affecting low-yielding currencies like yuan and yen 📉 Yen hits its weakest level since 1986 due to interest rate gap with U.S. 📊 Dollar strength linked to expectations of Trump win and inflation increase 🇯🇵 Japanese authorities vigilant about sharp currency moves but no clear intervention … Read more
Key Takeaways: 💵 The U.S. dollar edged higher due to expectations of a second Trump presidency 🏦 Future Fed monetary policy decisions and economic data are key factors influencing market sentiment 🇪🇺 Euro slipped ahead of June inflation data for the eurozone 👩💼 ECB President Christine Lagarde’s remarks could impact future interest rate expectations 🗳️ … Read more
Key Takeaways 💵 Most Asian currencies weakened as dollar recovered before interest rate cues 📈 Japanese yen weakened further, USDJPY near 1986 highs 🇯🇵 Speculation on Japanese government intervention in currency markets 📅 More cues on Fed and U.S. interest rates expected this week 🇦🇺 Australian dollar fell as RBA meeting minutes showed no clear … Read more
Key Takeaways: 💰 UBS predicts potential RBA rate hike in August 📈 Australian dollar (AUDUSD) likely to benefit in the long term 📊 CPI inflation rose to 4% in May, above RBA target 🏦 RBA expected to hike cash rate to 4.6% 💹 Strong retail sales and labor data could spur RBA rate hike 📉 … Read more
Key Takeaways: 💵 The US dollar reached a 38-year peak against the yen 📊 Japanese intervention is expected due to yen’s weakness 🇫🇷 The euro rose after the French far-right party won the first round of elections 📈 The yen has fallen more than 12% this year 🌊 Questions remain about Bank of Japan’s next … Read more
Key Takeaways 💼 Initial market optimism waned after President Ramaphosa’s new cabinet formed 🤝 ANC and DA compromise was necessary for the new cabinet lineup 📈 Analysts view the new cabinet as business-friendly and positive 🏛 Unity government formed by Ramaphosa to address economic issues 🍬 Market gains likened to a "sugar rush," need for … Read more
Key Takeaways 💼 South African assets rose after President Cyril Ramaphosa formed a new cabinet 🏛️ Inclusion of DA leader in key portfolios seen as positive 🤝 Unity government formed to address economic issues 📈 Markets reacted positively, but long-term impact remains uncertain 📊 Focus on new government’s legislative agenda to gauge impact on policies … Read more
Key Takeaways: 💶 The euro rose after French far-right party wins first-round parliamentary elections 📉 The yen hovers near a 38-year low after Japan’s economy shrinks more than expected 📊 Market pricing indicates a 63% chance of a Fed interest rate cut in September 🇯🇵 Yen falls over 12% this year, prompting concerns about potential … Read more
Key Takeaways: 💼 South African rand strengthened on announcement of new cabinet 🔄 President Ramaphosa formed a unity government with coalition partners 🤝 Inclusion of pro-business Democratic Alliance members in key portfolios viewed positively 📉 Domestic economic indicators show factory activity contraction in June 📈 Johannesburg Stock Exchange indices and government bonds perform well 💼 … Read more
Key Takeaways 💵 The U.S. dollar dipped ahead of the week’s key employment report, while the euro gained ground. 🏛️ Political uncertainty in France after the parliamentary elections impacted the Euro. 📉 Data suggested manufacturing activity in the eurozone decreased, causing concern despite lower factory prices. 🇬🇧 GBP/USD rose despite British manufacturing activity growth slowing … Read more