South African Reserve Bank expected to reverse easing cycle after inflation hits two-year high on fuel and core pressures. The South African Reserve Bank (SARB) is poised to raise interest rates by 25 basis points to 7.25%, reversing a third of its 2024–25 easing cycle. Th
TD Securities projects a 1.1% month-on-month gain in Canadian retail sales for May, exceeding the 1.0% consensus forecast. Canadian retail sales are expected to increase 1.1% month-on-month in May, surpassing the 1.0% consensus estimate. The rise is attributed to higher ga
TD Securities forecasts a 1.1% month-on-month gain in Canadian retail sales for May, exceeding the 1.0% consensus estimate. Canadian retail sales are expected to rise 1.1% month-on-month in May, slightly above the 1.0% consensus, driven by higher gasoline prices and a rebo
Sterling extends weekly losses as investors assess potential fiscal policy shifts under Prime Minister Burnam. The British Pound (GBP) fell below 1.3400 against the US Dollar (USD) on Thursday, extending its weekly decline to 0.6%. The move follows a reversal from recent h
UK inflation falls to 2.6% in June, easing BoE rate hike pressure, while PM Burnham’s spending plans weigh on sterling. The British Pound (GBP) extends losses below 1.3400 against the US Dollar (USD), heading for a 0.6% weekly decline. The drop follows softer-than-expected
Rising geopolitical tensions and increased Fed tightening expectations lift the dollar to multi-decade highs against the yen. The USD/JPY pair surged to its highest level in 40 years as escalating Middle East tensions and hawkish Federal Reserve expectations drove demand f
The currency pair extended gains as the US dollar weakened amid mixed inflation and economic signals. EUR/USD rose to 1.1429 on Thursday, marking a continued rebound as the US dollar softened for a second session. The move reflects market focus on balancing elevated energy
The Euro pares gains against the Yen but stays above 186.30 as traders await the European Central Bank’s policy update. The Euro trimmed earlier gains against the Japanese Yen on Thursday, trading at 186.44 after reaching overbought levels. The pair remains near three-mont
Societe Generale warns rising oil and gas prices may force the ECB to tighten further by early 2027 amid Gulf tensions. Oil prices have climbed over $20 since the ECB’s June meeting, erasing earlier optimism from a US-Iran agreement. Natural gas prices surged 25% in the sa
Australia’s robust June employment figures lift expectations for a Reserve Bank of Australia rate increase to 4.60%. The Australian dollar steadied near 0.7000 against the USD following stronger-than-expected June employment data. The report reinforced market expectations
ادخل بحساب جوجل لمشاركة رأيك والتفاعل مع الأخبار — بلا كلمة مرور.
إيميلك يبقى موثّقاً وخصوصيتك محفوظة.