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Thailand: BoT steady stance backs fragile growth – DBS

DBS Group Research economist Chua Han Teng expects the Bank of Thailand (BoT) to keep its policy rate unchanged at 1.00% through 2026, after a second consecutive on-hold decision.

Source  Fxstreet1782411780
Singapore Dollar: Weakens against US Dollar – UOB

United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann keep a constructive view on USD/SGD after the pair briefly touched 1.2991 before closing near 1.2980.

Source  Fxstreet1782407460

United States 7-Year Note Auction down to 4.26% from previous 4.29%

Source  Fxstreet1782407039

United States 4-Week Bill Auction rose from previous 3.58% to 3.61%

Source  Fxstreet1782401693
Thai Baht: Long policy hold supports fragile recovery – UOB

UOB economists Enrico Tanuwidjaja and Sathit Talaengsatya note that the Bank of Thailand (BoT) kept its policy rate at 1.00% and is expected to hold this level through 2027.

Source  Fxstreet1782401379
Equities: Micron earnings lift Korean equities – MUFG

MUFG highlights that strong earnings guidance from Micron Technology, a key AI memory supplier, has boosted sentiment in AI and tech stocks.

Source  Fxstreet1782400368

United States Kansas Fed Manufacturing Activity climbed from previous 9 to 19 in June

Source  Fxstreet1782399736
US May PCE Rises to 4.1% YoY, Hitting New High Since March 2023. Fed Rate Hike Expectations for the Year Heat Up

TradingKey - On Thursday Eastern Time, May inflation data released by the U.S. Bureau of Economic Analysis (BEA) showed that the year-over-year PCE price index was 4.1% in May, in line with market exp

Source  Tradingkey1782398761

United States EIA Natural Gas Storage Change registered at 76B above expectations (67B) in June 19

Source  Fxstreet1782397802
United States: Long-run growth and China challenge – Commerzbank

Commerzbank’s Bernd Weidensteiner and Christoph Balz describe the United States as a long‑term growth success, driven by population gains, immigration and productivity, but now facing a serious challenge from China.

Source  Fxstreet1782397311

Russia Central Bank Reserves $: $743.8B vs $729.3B

Source  Fxstreet1782392480
US Dollar: Long-run erosion and debt risks – Commerzbank

Commerzbank economists Bernd Weidensteiner and Christoph Balz review 250 years of US economic history, highlighting how persistent inflation has eroded the value of the Dollar and how federal debt has surged back to World War II highs.

Source  Fxstreet1782391389
United States Q1 GDP Growth Rate came in at 2.1%

According to the Commerce Department’s Bureau of Economic Analysis (BEA), the final GDP Growth Rate showed the economy expanded by 2.1% in the January-March period. The readings show a marked increase from the prior quarter’s 0.5% expansion.

Source  Fxstreet1782391366
United States Durable Goods Orders decline 4.5% in May as expected

Durable Goods Orders in the United States (US) declined by 4.5%, or $15.6 billion, in May to $332.1 billion, the US Census Bureau reported on Thursday. This reading followed the 8.5% increase recorded in April and came in line with the market expectation.

Source  Fxstreet1782391180

United States Gross Domestic Product Price Index above expectations (3.5%) in 1Q: Actual (3.6%)

Source  Fxstreet1782390886
United States Initial Jobless Claims dropped to 215K last week

According to a report from the US Department of Labour (DOL) released on Thursday, the number of US citizens submitting new applications for unemployment insurance shrank to 215K for the week ending June 20.

Source  Fxstreet1782390843

United States Continuing Jobless Claims came in at 1.821M, above expectations (1.8M) in June 12

Source  Fxstreet1782390658

United States Personal Consumption Expenditures - Price Index (YoY) in line with forecasts (4.1%) in May

Source  Fxstreet1782390619

United States Personal Spending above forecasts (0.6%) in May: Actual (0.7%)

Source  Fxstreet1782390619

United States Personal Income (MoM) above expectations (0.4%) in May: Actual (0.7%)

Source  Fxstreet1782390618

United States Core Personal Consumption Expenditures (QoQ) in line with forecasts (4.4%) in 1Q

Source  Fxstreet1782390617

United States Core Personal Consumption Expenditures - Price Index (MoM) meets forecasts (0.3%) in May

Source  Fxstreet1782390616

United States Personal Consumption Expenditures - Price Index (MoM) came in at 0.4% below forecasts (0.5%) in May

Source  Fxstreet1782390615

United States Personal Consumption Expenditures Prices (QoQ) registered at 4.6% above expectations (4.5%) in 1Q

Source  Fxstreet1782390613
CEE FX: Stronger Dollar and Fed risks weigh – ING

ING’s Frantisek Taborsky warns that a stronger Dollar and lingering Fed hike risks are pressuring Central and Eastern European currencies. Weaker FX raises inflation concerns for open CEE economies just as higher Oil and food prices loom.

Source  Fxstreet1782389517
Indian Rupee: Curve drivers shift with structural inflows – DBS

DBS Group Research economist Sherilyn Chew analyses Indian government bond performance after the Reserve Bank of India’s (RBI) June 5 capital flow liberalisation.

Source  Fxstreet1782388808

Mexico Jobless Rate above forecasts (2.6%) in May: Actual (2.8%)

Source  Fxstreet1782388804

Mexico Jobless Rate s.a rose from previous 2.6% to 2.7% in May

Source  Fxstreet1782388803
US equities: What worked in past lost decades – TD Securities

Izidor Flajsman at TD Securities analyses past US equity ‘lost decades’ and finds that headline indices delivered flat to negative real returns, while Small Cap, Value, Energy and Non-Durables outperformed.

Source  Fxstreet1782388168
US Secretary of State Rubio: Reiterates criticism against Iran’s toll plans near Hormuz

United States (US) Secretary of State Marco Rubio reiterates after meeting with leaders from Gulf nations that Iran’s toll system near the Strait of Hormuz, a vital passage to almost 20% of global energy supply, is unacceptable.

Source  Fxstreet1782387754
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