Monthly Archives: July 2026
US factory orders fall less than forecast, keeping Fed in holding pattern ahead of payrolls
Written on July 2, 2026 at 8:20 pm, by josephine
May US factory orders fell 1.3%, beating forecasts; economy cooling not collapsing, focus shifts to payrolls, volatility.
Annual USMCA Reviews Through 2036 Keep Mexico Investment on Hold, Raising Peso Risk Premiums
Written on July 2, 2026 at 7:51 pm, by josephine
Annual USMCA reviews until 2036 keep trade stable but prolong uncertainty, dampening Mexico investment, peso outlook.
RBNZ holds MPC at six before election as July rate decision looms after deadlock
Written on July 2, 2026 at 7:50 pm, by josephine
RBNZ keeps MPC at six ahead of election; July decision uncertain as hawks push hikes, NZD volatility.
USD/CAD slips as weak US payrolls curb Fed hike bets; oil weakness caps loonie gains
Written on July 2, 2026 at 7:21 pm, by josephine
USD/CAD fell to 1.4180 after weak US jobs data, lowering Fed hike odds; oil weakness capped CAD gains.
Canada Manufacturing PMI Holds Above 53, Supporting Bank of Canada’s Cautious Stance and CAD Bias
Written on July 2, 2026 at 7:20 pm, by josephine
Canada’s manufacturing PMI rose to 53.0, signaling modest expansion, supporting CAD, TSX, and hawkish policy.
ECB Weighs Higher Minimum Reserves, Testing Eurozone Liquidity and Nudging Euribor-OIS Spreads Wider
Written on July 2, 2026 at 6:22 pm, by josephine
ECB may raise minimum reserves, shifting balances to non‑remunerated accounts, tightening liquidity and widening Euribor‑€STR spreads.
Russia’s international reserves fall to $715.2bn, raising questions over rouble support and fiscal strain
Written on July 2, 2026 at 6:20 pm, by josephine
Russia’s reserves fell $28.6bn to $715.2bn, pressuring ruble outlook and raising energy, volatility risks.
Singapore Manufacturing PMI Hits 51.3 as Growth Extends, Supporting Firmer SGD and STI Upside
Written on July 2, 2026 at 5:52 pm, by josephine
Singapore’s PMI rose to 51.3, boosting growth outlook, supporting stronger SGD, and STI call-option strategies.
USD/CHF hits June low as weak US payrolls fuel dollar sell-off and Fed repricing
Written on July 2, 2026 at 5:50 pm, by josephine
USD/CHF slid to 0.8029 after weak US payrolls fueled dollar selling and lowered Fed hike odds.
Daly Sees US Resilience as Fed Stays Cautious, Citing AI Boost and Easing Oil Pressures
Written on July 2, 2026 at 5:20 pm, by josephine
Mary Daly sees resilient US economy; policy slightly restrictive, inflation easing; AI may boost productivity; volatility ahead.
