United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann note USD/SGD has firmed modestly, with the pair closing at 1.2835 after testing both 1.2800 and 1.2840. Short-term momentum now favors a mild upside, though strong resistance at 1.2850 is expected to cap gains.
TradingKey - De acordo com relatos da mídia, fontes disseram que o governo Trump deu um passo adiante em sua pressão sobre os membros do Federal Reserve ao iniciar formalmente um processo de destituiç
Standard Chartered’s Aldian Taloputra notes Indonesia’s Q2 GDP grew 5.3% year-on-year, slowing from 5.6% but beating consensus. Stronger-than-expected H1 data leads the bank to raise its 2026 GDP forecast to 5.3%.
Royal Bank of Canada’s (RBC) Nathan Janzen reports that Canada’s labour market strengthened in July, with a 75k employment gain following robust increases in May and June and a decline in the unemployment rate to 6.4%.
The New York Fed Survey of Consumer Expectations shows that households’ inflation expectations decreased slightly over the short-term horizon and remained unchanged at the medium and longer-term horizons. One-year inflation expectations eased from 3.7% in June to 3.6% in July
ABN AMRO’s Chief Economist Nick Kounis highlights renewed US labour market weakness, with Nonfarm Payrolls falling and household employment data softening. He notes the unemployment rate declined as labour force participation dropped to multi-decade lows, signalling cyclical weakness.
National Bank of Canada (NBC) economists Matthieu Arseneau and Alexandra Ducharme highlight robust Canadian labour data for July, with 75.1K jobs added, a lower unemployment rate and stronger private-sector hiring.
Commerzbank’s Carsten Fritsch sees continued volatility in Brent as Strait of Hormuz negotiations remain unresolved and inventories tighten.
Thomas Barkin, President of the Federal Reserve (Fed) Bank of Richmond, participated in an online event hosted by the National Association for Business Economics on Friday.
TD Securities economists Robert Both and Emma Lawrence highlight a strong Canadian labour market, with July employment up 75k and unemployment at 6.4%.
Societe Generale’s Dev Ashish reports that Banxico left its policy rate at 6.50%, signalling an extended pause as inflation hovers near target and real rates sit close to neutral.
Commerzbank’s Carsten Fritsch notes that the Silver price has surged over 10% this week to USD 63.9 per troy ounce, its highest level since late June, pulling the gold/silver ratio back below 70.
TradingKey - Os dados mais recentes divulgados pelo Departamento de Trabalho dos EUA mostram que o número de vagas de emprego no setor não agrícola (nonfarm payrolls) dos EUA diminuiu em 23.000 em jul
Nordea analysts Kirsti Sunde Midttun and Ole Håkon Eek-Nielsen argue that AI profitability faces structural pressure from high inference costs, rapid model depreciation and growing competition from free and open alternatives.
Statistics Canada reported on Friday that the Unemployment Rate decreased to 6.4% in July, below what markets were expecting.
DBS Group Research’s Econs team expects India’s July inflation to remain steady at 4.4% year-on-year, with core readings staying below 4% thanks to softer precious metals. Food staples show mixed trends, while fuel price adjustments may lift utilities and fuel components.
OCBC’s Sim Moh Siong and Christopher Wong highlight renewed Dollar support from higher Oil prices, rising US yields and resilient US labour data as markets reassess Federal Reserve tightening risks.