Canada’s Raw Material Price Index Falls 2.2% in July, Missing Market Expectations
Canada’s Raw Material Price Index (RMPI) declined by 2.2% in July, coming in below the market consensus of a 1.8% drop, according to
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US Continuing Jobless Claims Rise to 1.799M, Signaling Slower Hiring
The number of Americans continuing to receive unemployment benefits rose to 1.799 million for the week ending August 7, up from a revised
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Canada Industrial Product Prices Rise 0.6% in July, Defying Expectations of a Decline
Canada’s Industrial Product Price Index (IPPI) rose 0.6% in July, surpassing market expectations of a 0.4% decline, according to data released by Statistics
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ING: Long-End Treasury Yield Risks Appear Contained
Strategists at ING believe the risk of a sustained rise in long-end US Treasury yields is contained, as of the latest market analysis.
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Riksbank to Hold Rates Until Early 2027, Nomura Forecasts
Nomura analysts project that Sweden’s Riksbank will maintain its current policy rate until an early-2027 hike, according to a recent research note. Nomura’s
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Japanese Yen Trims Gains as Downbeat Trade Data Offsets US Dollar Weakness
The Japanese Yen pared its recent gains against the US Dollar on Thursday, as weaker-than-expected foreign trade data from Japan overshadowed the greenback’s
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Euro to Gain Further Ground on US Dollar Weakness, DBS Says
The euro is positioned to benefit from ongoing US dollar weakness, according to DBS Group Research, as chart patterns suggest further upside for
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US Dollar Downside Risks Grow as Yields Stay Contained: MUFG
The US dollar faces growing downside risks as Treasury yields remain contained, according to a recent note from MUFG (Mitsubishi UFJ Financial Group).
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Australian Dollar Softens as Softer Jobs Data Reinforces RBA Patience
The Australian Dollar traded softer on Thursday after the release of weaker-than-expected employment data, reinforcing expectations that the Reserve Bank of Australia (RBA)
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Gold Price Forecast: XAU/USD Corrects Below $4,500 as Treasury Yields Recover
Gold prices retreated below the $4,500 mark on Tuesday, as a recovery in US Treasury yields weighed on the non-yielding metal, pulling XAU/USD