News

Australia CFTC AUD NC Net Positions down to $-30.7K from previous $-24.7K

Source  Fxstreet1784317651

Japan CFTC JPY NC Net Positions increased to ¥-122.7K from previous ¥-123.8K

Source  Fxstreet1784317645

United States CFTC Oil NC Net Positions fell from previous 75.7K to 62.7K

Source  Fxstreet1784317641

United Kingdom CFTC GBP NC Net Positions up to £-71.3K from previous £-87.9K

Source  Fxstreet1784317635

United States CFTC Gold NC Net Positions fell from previous $194.2K to $186.7K

Source  Fxstreet1784317629

Eurozone CFTC EUR NC Net Positions climbed from previous €-16.2K to €-12.6K

Source  Fxstreet1784317623

United States CFTC S&P 500 NC Net Positions: $-38.9K vs $-42.9K

Source  Fxstreet1784317620
Singapore Dollar: Range trade holds near recent lows against US Dollar – UOB

United Overseas Bank (UOB) strategists Quek Ser Leang and Lee Sue Ann note USD/SGD has stabilised after an earlier sell-off, with spot around 1.2905 and intraday price action expected to stay confined between nearby support and resistance.

Source  Fxstreet1784317244
Canada: Inflation divergence shapes BoC outlook – RBC

Royal Bank of Canada (RBC) economists Nathan Janzen and Abbey Xu expect Canada’s June Consumer Price Index to show headline inflation easing to 2.8% year-over-year from 3.2% in May, mainly on lower energy prices.

Source  Fxstreet1784302080
Global FX: Divergent central bank paths and Oil – Wells Fargo

Wells Fargo Economics has raised its global Gross Domestic Product (GDP) forecast to 2.7% for 2026 and trimmed global Consumer Price Index (CPI) to 4.3%, reflecting a slightly lower Oil price path.

Source  Fxstreet1784299771
Fed’s Hammack: Persistently high inflation is the bigger concern

Federal Reserve (Fed) Bank of Cleveland President Beth Hammack said in a LinkedIn post on Friday that inflation pressure remains broad-based, with businesses calling for policy action and consumers expressing a growing sense of despair as they struggle to cover their expenses.

Source  Fxstreet1784299535
Canada: Energy-led CPI pullback supports BoC – TD Securities

TD Securities’ Robert Both expects Canadian headline CPI to ease to 2.9% year-on-year in June, with a 0.2% monthly decline driven by sharply lower Energy prices.

Source  Fxstreet1784298775

United States Michigan Consumer Expectations Index: 54 (July) vs 50.7

Source  Fxstreet1784296834

United States UoM 1-year Consumer Inflation Expectations: 4.2% (July) vs previous 4.6%

Source  Fxstreet1784296828

United States UoM 5-year Consumer Inflation Expectation: 3.3% (July)

Source  Fxstreet1784296812

United States Michigan Consumer Sentiment Index came in at 54.4, above expectations (51) in July

Source  Fxstreet1784296803
United Kingdom: Supply-side choices shape outlook – Rabobank

Rabobank’s Global Daily, titled “To govern is to choose”, discusses the UK’s political and macroeconomic backdrop as Labour’s Andy Burnham is set to become prime minister.

Source  Fxstreet1784295348
European Central Bank: Holds fire as September stays live – TD Securities

TD Securities strategists expect the European Central Bank (ECB) to keep the deposit rate at 2.25% in July after June’s hike, with September remaining a live meeting.

Source  Fxstreet1784294338

United States Capacity Utilization came in at 76.1%, below expectations (76.2%) in June

Source  Fxstreet1784294111

United States Industrial Production (MoM) registered at 0.1%, below expectations (0.2%) in June

Source  Fxstreet1784294107
UK: Andy Burnham outlines pro-business Labour, inflation plan

UK Labour leader Andy Burnham said on Friday that he intends to lead a pro-business Labour Party, arguing that his experience working with businesses as Mayor of Greater Manchester will serve as the model for his future government, according to Reuters.

Source  Fxstreet1784293672
British Pound: Overvaluation points to Euro recovery – ING

ING strategist Francesco Pesole notes that the recent GBP rally has stalled and EUR/GBP has rebounded from an important break lower. At 0.850, the cross remains around 1.5% undervalued versus ING’s short-term fair value model.

Source  Fxstreet1784293364

United States Import Price Index (YoY) climbed from previous 6.7% to 7.1% in June

Source  Fxstreet1784291468

United States Export Price Index (YoY) down to 10.2% in June from previous 11.2%

Source  Fxstreet1784291426

Canada Foreign Portfolio Investment in Canadian Securities came in at $7.9B below forecasts ($15.21B) in May

Source  Fxstreet1784291405

Canada Canadian Portfolio Investment in Foreign Securities rose from previous $-11.36B to $22.27B in May

Source  Fxstreet1784291405

United States Building Permits Change fell from previous -0.7% to -3% in June

Source  Fxstreet1784291405

United States Building Permits (MoM) came in at 1.367M, below expectations (1.4M) in June

Source  Fxstreet1784291404

United States Housing Starts (MoM) above forecasts (1.31M) in June: Actual (1.427M)

Source  Fxstreet1784291404

United States Import Price Index (MoM) above forecasts (-0.7%) in June: Actual (0.3%)

Source  Fxstreet1784291403
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