Bank of England (BoE) Governor Andrew Bailey said in comments to CNBC that policymakers have time to assess how higher energy prices may feed through into the United Kingdom (UK) economy, while noting that financial conditions have already tightened.
Royal Bank of Canada (RBC) economist Abbey Xu notes that Canadian Gross Domestic Product (GDP) rose 0.5% in April, beating Statistics Canada’s 0.4% advance estimate and marking the strongest monthly gain since July 2025.
Beth Hammack, President of the Federal Reserve (Fed) Bank of Cleveland, told CNBC on Tuesday that the United States (US) economy remains resilient. The labor market is near full employment, and growth still looking solid.
TD Securities’ macro team led by Oscar Munoz expects headline US Nonfarm Payrolls to slow to 80k in June, with 55k private and 25k government jobs, marking a return to breakeven job growth. The Unemployment Rate is forecast to edge down to 4.2% as participation slips.
ING’s Michiel Tukker and Benjamin Schroeder argue that reduced Oil sensitivity in rates and lingering uncertainty should prevent a strong dovish turn from the ECB.
Nordea’s Senior Macro and FX Strategist Sara Midtgaard notes that the Norwegian Krone (NOK) weakened in June, with EUR/NOK peaking near 11.35, but now sees limited further upside.
Commerzbank’s Barbara Lambrecht notes that the LMEX index remains under pressure even as China’s manufacturing PMI edges above 50, supporting Copper via AI-driven exports.
US consumer sentiment gains terrain in June, as the Conference Board’s Consumer Confidence Index rises to 91.2 from May’s 90.6 (revised from 93.1).
Rabobank's Senior FX Strategist Jane Foley outlines her baseline view on Bank of England (BoE) policy, citing softer United Kingdom (UK) Consumer Price Index (CPI), lower Oil prices and a slack labour market.
National Bank of Canada's (NBC) Taylor Schleich and Vy Le note that United States (US) growth expectations remain healthy, with GDP projected to expand above 2% in 2026, but they see a less benign inflation outlook.
OCBC strategists Sim Moh Siong and Christopher Wong highlight that the Pound (GBP) remains resilient to local political developments and fiscal risks, supported by foreign inflows into gilts and the Bank of England’s (BoE) reluctance to ease policy amid resilient growth and disinflation.
Annual inflation in Germany, as measured by the change in the Consumer Price Index (CPI), softened to 2.3% in June's flash estimate from 2.6% in May. This print came in below the market expectation of 2.5%. On a monthly basis, the CPI declined 0.3% following the 0.2% decrease recorded in May.
Nordea strategists examine EUR/DKK trading at its weakest level since the Euro’s introduction and argues Nationalbanken may have quietly shifted its de facto intervention band.
National Bank of Canada's (NBC) Taylor Schleich and Vy Le highlight that Canada’s 2026 Gross Domestic Product (GDP) forecast has been cut to 0.7%, leaving the economy lagging U.S. growth above 2%.
DBS economist Radhika Rao details India’s capital account challenges, citing weakening capital flows, softer foreign portfolio inflows and narrower net Foreign Direct Investment (FDI) that pushed the balance of payments into deficit in FY26.
Japanese Prime Minister (PM) Sanae Takaichi's administration newly appointed Bank of Japan (BoJ) board member, Ayano Sato, said in his scheduled press conference during the European trading session on Tuesday that the de-escalation of the Middle East conflict is welcome news for the economy, but unc