Commerzbank’s Tatha Ghose highlights accelerating efforts in Poland’s Sejm to hold NBP Governor Adam Glapinski accountable before the State Tribunal, amid allegations of politicising the central bank.

Nordea’s Kirsti Sunde Midttun notes that the Federal Reserve (Fed) kept its target range at 3.50–3.75%, but three hawkish dissents make the hold less comfortable than in June. With no new projections, the unchanged statement and a cautious press conference offered limited guidance.

ING’s Michiel Tukker and Padhraic Garvey expect no change in the Bank of England (BoE) policy rate at the upcoming meeting, despite markets pricing in substantial tightening.

Japan Prime Minister (PM) Sanae Takaichi said during the European trading session on Thursday that the government won’t lean on debt funds to supplement temporary tax cuts, in an attempt to maintain market trust.

Societe Generale’s Jan Groen reviews the July 2026 Federal Open Market Committee (FOMC) outcome, noting the Federal Reserve (Fed) left the Fed funds target range at 3.5%-3.75% and signaled a cautious stance on inflation.

The Bank of England (BoE) is on track to keep the benchmark Bank Rate steady at 3.75% for the fifth straight meeting on Thursday, despite the renewed surge in Oil prices in July and a leadership change in the United Kingdom (UK).

BNY’s Geoff Yu highlights that the Swiss Franc looks undervalued on both nominal and real effective exchange rate measures, near one-year and 15‑month lows respectively.

The United States (US) Bureau of Economic Analysis (BEA) is set to publish its preliminary estimate of second-quarter Gross Domestic Product (GDP) on Thursday, with analysts expecting the data to show annualised growth at a solid 2.1%, a modest cooling from the 2.1% expansion recorded in the previou

Commerzbank’s analysts report that USD/INR has eased as India’s June industrial production surprised to the upside and inflation stayed within the Reserve Bank of India’s target band.

UOB’s Suan Teck Kin and Alvin Liew analyze the latest FOMC decision, noting the Fed Funds Target Rate remains at 3.50%-3.75% for a fifth straight meeting despite three dissenting votes favoring a hike.

TradingKey - O Federal Reserve manteve as taxas de juros inalteradas em sua reunião de julho, mas os comentários do presidente do Fed, Kevin Warsh, na coletiva de imprensa desencadearam muito mais con

German preliminary Q2 Gross Domestic Product (GDP) rises at a 0.2%, beats the estimates of 0.1%, according to the Federal Statistics Office of Germany. However, the GDP growth remains slower than the previous reading of 0.3%.

Deutsche Bank notes that the Federal Reserve’s (Fed) on-hold decision and limited detail from Chair Warsh sparked a sharp steepening in the Treasury curve, pushing the 30-year yield to 5.20% and weighing on equities.

USD/IDR inches higher after opening at a bearish gap, remaining in negative territory and trading around 18,110 during the Asian hours on Thursday.

The AUD/JPY cross declines to around 113.65 during the early European session on Thursday. The pair currently trades 0.65% lower on the week as the likelihood of the Reserve Bank of Australia (RBA) raising interest rates has fallen.

Japan's Finance Minister Satsuki Katayama said that officials proposed no ceiling on next year’s budget requests.

NZD/USD extends its gains for the third consecutive day, trading around 0.5810 during the Asian hours on Thursday. The currency pair climbs higher as the New Zealand Dollar (NZD) receives support from a sharp rise in domestic business confidence.

AUD/USD inches higher after two days of losses, trading around 0.6960 during the Asian hours on Thursday. The currency pair may face potential downside pressure as the US Dollar (USD) could gain strength following a hawkish interest rate pause by the Federal Reserve (Fed).

New Zealand ANZ Business Confidence climbed from previous 36.6 to 56.1 in July

South Korea BOK Manufacturing BSI: 82 (August) vs 79

Japan Foreign Investment in Japan Stocks rose from previous ¥-79.6B to ¥912.1B in July 24

The Fed left interest rates unchanged at 3.50%-3.75%, but the decision carried a distinctly hawkish edge as three officials voted for an immediate 25-basis-point increase.

TradingKey - Em 29 de julho, no horário do leste dos EUA, o Federal Reserve anunciou sua decisão de taxa de juros de julho. O Comitê Federal de Mercado Aberto (FOMC) votou por 9 a 3 para manter a faix

ING analysts Chris Turner and Padhraic Garvey see the Bank of Japan maintaining its tightening bias after June’s move to 1.00%, with most board members viewing Japan’s neutral rate near 2.00%.

BNY’s Geoff Yu highlights that markets face a genuinely live Federal Reserve (Fed) decision, with futures implying about a 35% chance of a hike and a hold still the base case.

The United States (US) Federal Reserve (Fed) announces its interest rate decision on Wednesday, another pivotal meeting for markets to gauge the stance of policymakers as they assess how rising crude Oil prices could impact the inflation outlook.

Michael Pfister of Commerzbank argues that subdued imported inflation and low exchange rate pass-through give the Swiss National Bank (SNB) little reason to tighten policy.

UOB’s SGD NEER model shows the index at 1.68% above the midpoint of the policy band, after ending the previous session 171 basis points above it. The model is expected to remain between 1.40% and 1.90% above the midpoint today, implying a USD/SGD trading range of 1.2898–1.2963.

According to Reuters, United States (US) President Donald Trump said in a phone interview with Fox News on Wednesday that the US would carry out further strikes against Iran in response to attacks targeting US positions in Jordan.

TD Securities strategists note that Australia’s Q2 Consumer Price Index (CPI) and June headline inflation came in below expectations, easing pressure on the Reserve Bank of Australia (RBA).