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Singapore: National Day Rally focus – DBS
DBS Group Research economist Chua Han Teng reviews Prime Minister Lawrence Wong’s National Day Rally 2026, highlighting policy themes rather than markets.
South Korea Consumer Sentiment Index: 104.5 (August) vs previous 106.8
South Korea Consumer Sentiment Index: 104.5 (August) vs previous 106.8
Asia FX: Mixed central bank paths shape THB, KRW, PHP – BBH
Brown Brothers Harriman’s (BBH) Elias Haddad expects the Bank of Thailand (BoT) to hold rates at 1.00%, leaving negative real yields that keep Thai Baht (THB) lagging. The Bank of Korea (BoK) is seen hiking again to 3.00%, supporting South Korean Won (KRW) as growth and inflation exceed targets.
Mexican Peso weakens as Iran sanctions offset Mexico’s inflation data
The Mexican Peso (MXN) loses ground against the Greenback on Monday, even though economic data showed that inflation accelerated in the first half of August, while economic growth was softer than expected. Consequently, the USD/MXN pair trades with gains of over 0.25% to 16.96.
South Korean Won: Consolidation zone eyed against US Dollar – Commerzbank
Commerzbank’s Charlie Lay and Dr. Henry Hao highlight South Korea’s strong export-led growth and large current-account surplus as key drivers of Korean Won strength against the Dollar.
Chinese Yuan: Gradual appreciation bias with key levels against US Dollar – OCBC
OCBC’s Sim Moh Siong and Christopher Wong highlight that RMB and CNH remain supported by softer USD dynamics and exporter conversion, but the People’s Bank of China is signalling a preference for gradual gains via its fixing.
Singapore Dollar: Upside risk stays intact against US Dollar – UOB
United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann maintain a cautious stance on USD/SGD after Friday’s drop to 1.2682 and close near 1.2700.
Swiss Franc eases as US Dollar stabilizes after last week’s sell-off
USD/CHF edges higher on Monday as the US Dollar (USD) steadies after last week’s sell-off sparked by the US Treasury’s announcement to increase longer-dated bond buybacks. Market attention has now shifted back to US-Iran tensions after Washington unveiled a fresh sanctions campaign against Tehran.
Euro stalls below recent highs against Pound Sterling as German surveys take center stage
The Euro (EUR) treads water against the Pound Sterling (GBP) on Monday, holding in the mid-0.8500s after struggling to sustain its push toward 0.8580 last week.
Japanese Yen: Focus shifts to BoJ path – Scotiabank
Scotiabank strategists Shaun Osborne and Eric Theoret note that the Japanese Yen (JPY) is slightly softer versus the US Dollar (USD), with USD/JPY trading between 158.00 support and resistance in the upper‑159s.
British Pound holds firm as US sanctions on Iran loom
The Pound Sterling (GBP) holds firm against the US Dollar (USD) at around 1.3640 on Monday, with traders eyeing speeches by US Treasury Secretary Scott Bessent on Iran’s sanctions later in the day and by Federal Reserve (Fed) Chair Kevin Warsh at the Kansas City Fed Jackson Hole Symposium on Friday.
Canada: Growth rebound overshadowed by trade war – BBH
Brown Brothers Harriman’s (BBH) Elias Haddad expects Canada’s Q2 Real GDP to rebound strongly, outpacing the Bank of Canada’s (BoC) projection, with domestic demand and exports driving gains.
New Zealand Dollar retreats from recent highs on weak Retail Sales
NZD/USD retreats to around 0.5960 on Monday at the time of writing, down 0.25% on the day, after approaching the 0.6000 level on Friday.