Rabobank’s Stefan Koopman analyses United Kingdom demand prospects under Prime Minister Burnham’s shift from “securonomics” to “vibonomics”. The report argues that elevated household saving and weak confidence leave scope for a temporary consumption boost if sentiment improves.

The Australian Dollar (AUD) is balancing solid long-term fiscal fundamentals against near-term growth headwinds and shifting central bank expectations.

United States Wholesale Inventories came in at 0.2% below forecasts (0.3%) in June

Standard Chartered’s Christopher Graham analyzes recent United Kingdom (UK) polling, noting Labour has regained a lead over Reform UK and Conservatives after Andy Burnham became prime minister.

TradingKey - O Bureau of Labor Statistics dos EUA divulgará o relatório de empregos não agrícolas (payroll) de julho às 8h30 (horário do Leste) do dia 7 de agosto. O foco atual do mercado não está ape

TD Securities economists expect United States (US) July Core Consumer Price Index (CPI) to return to trend after June’s one-off weakness.

Russia Central Bank Reserves $: $720.3B vs previous $732.1B

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 rose marginally to 199K for the week ending August 1.

United States Unit Labor Costs registered at 1.3%, below expectations (2%) in 2Q

United States Continuing Jobless Claims came in at 1.801M, above expectations (1.79M) in July 24

United States Initial Jobless Claims 4-week average: 198.75K (July 31) vs previous 202.75K

United States Initial Jobless Claims came in at 199K below forecasts (202K) in July 31

Commerzbank’s Tatha Ghose expects the Czech National Bank (CNB) to keep its policy rate at 3.75%, framing June’s hike as fine-tuning rather than a new cycle. With headline and core inflation still within target, CNB can wait but must avoid sounding dovish.

ING strategist Frantisek Taborsky says July Czech inflation at 1.7% year-on-year should have limited impact on the Czech National Bank (CNB) meeting. He expects rates to stay at 3.75%, with guidance leaning more dovish than markets.

Nomura strategists highlight that Swedish CPIF ex-energy inflation surprised to the upside in July even as headline CPIF slowed, largely due to government fuel duty cuts and public transport subsidies.

Deutsche Bank strategists say the global equity rally lost momentum near record highs as technology shares weakened. The S&P 500 edged lower and the Nasdaq underperformed, with AMD and semiconductor stocks retreating after recent gains.

Standard Chartered’s Nicholas Chia expects the Reserve Bank of Australia (RBA) to keep the cash rate at 4.35% at its 11 August meeting, with no further hikes this year. Q2 core inflation and short-term expectations have eased, while the labour market has softened.

Danske Research Team highlights that global equities have gained about 5% over five sessions, with cyclicals and growth outperforming defensives and value, pointing to a tech-driven move.

The USD/CAD pair USD/CAD holds steady around 1.4015 during the early European trading hours on Thursday. Traders await a possible US-Iran deal, which could give direction to the pair. The US Initial Jobless Claims report is due later on Thursday. 

Germany's Factory Orders rose in June, suggesting that the country’s manufacturing sector activity gained momentum, according to the official data published by the Federal Statistics Office on Thursday.

The Indian Rupee (INR) opens almost flat against the US Dollar (USD) on Thursday. The USD/INR pair trades around 95.12 after rebounding from the fresh monthly low of 94.83 posted the previous day.

USD/IDR inches higher after registering nearly 0.5% losses in the previous day, trading around 17,960 during the Asian hours on Thursday. Traders are keeping a close eye on the nomination process following the sudden resignation of Bank Indonesia (BI) Governor Perry Warjiyo late last month.

US President Donald Trump's administration has paid back $100bn in "Liberation Day" tariff refunds to businesses through customs officials, the Financial Times reported on Wednesday. 

Australia's Trade Balance shifted to surplus of A$1,929M MoM in June, followed a deficit of 2,367M in the previous reading (revised from A$3,018M), according to the latest foreign trade data published by the Australian Bureau of Statistics on Thursday.

Federal Reserve (Fed) Bank of San Francisco President Mary Daly said on Thursday that tariffs have had a clear impact on inflation, though she pointed to early signs that effect is beginning to ease.

West Texas Intermediate (WTI) oil price remains subdued for the fourth successive day, trading around $74.20 per barrel during the Asian hours on Thursday.

United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann reports USD/CNH slipped to 6.7459 after failing to extend a modest bounce, with limited downside momentum. Intraday, they see potential to test last week’s 6.7420 low but doubt a sustained break below.

DBS Group Research economist Radhika Rao notes Indonesia’s onshore markets are focused on the appointment of a new Bank Indonesia Governor after Perry Warjiyo’s departure, with Acting Governor Destry Damayanti prioritising non-rate measures and IDR liquidity.

Commerzbank economists highlight ongoing Korean Won (KRW) appreciation against the Dollar. USD/KRW slipped 0.1% to 1,430, extending declines from earlier in the week.

Fed Governor Lisa Cook said she supported leaving rates unchanged at the last Federal Open Market Committee (FOMC) meeting, as she awaits more data. She added that inflation risks outweigh job market risks, while reaffirming her full commitment to restoring price stability.