Market News
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Canada Housing Starts s.a (YoY) registered at 229.1K, below expectations (248K) in July
Canada Housing Starts s.a (YoY) registered at 229.1K, below expectations (248K) in July
NZD/USD Price Forecast: Kiwi fails to find follow-through above 0.5900
The New Zealand Dollar (NZD) trades lower against the US Dollar (USD) on Tuesday, weighed by a moderate risk-averse sentiment as tensions in the Middle East grow.
USD/JPY Price Forecast: Aims to extend rally above 160.00
The Japanese Yen (JPY) underperforms its major currency peers on Tuesday, with USD/JPY trading 0.16% higher at around 159.70 during the European trading session.
Copper: Squeeze deepens on tight supply – ING
ING analysts Ewa Manthey and Warren Patterson highlight that LME Copper has pushed above $14,000/t, approaching record highs as nearby market conditions tighten.
Swiss Franc: Growing role as funding currency – ING
Chris Turner at ING highlights low volatility weighing on the Swiss Franc (CHF) and Japanese Yen (JPY), with investors increasingly favouring franc funding to avoid potential Yen intervention. Short CHF/JPY is seen as a carry-positive way to express a Yen view.
Euro ticks higher against the British Pound after upbeat German economic sentimentÂ
The Euro (EUR) nudges higher against the British Pound (GBP) on Tuesday, buoyed by positive German economic sentiment figures while, in the UK, June’s employment report failed to convince investors.
Japanese Yen: Bearish bias within tight range against US Dollar – UOB
United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann note USD/JPY’s slight increase in upward momentum after trading between 158.82 and 159.59 still falls short of signaling a sustained advance, keeping intraday price action likely confined to 159.00–159.80.
United Kingdom 10-y Bond Auction rose from previous 5.04%Â to 5.16%
United Kingdom 10-y Bond Auction rose from previous 5.04%Â to 5.16%
Thailand: Middle East shock tests growth – DBS
DBS Group Research economist Chua Han Teng reviews Thailand’s latest macro data, noting Real Gross Domestic Product (GDP) growth slowed to 1.9% year-on-year in 2Q26 from 2.8% in 1Q26, bringing 1H26 growth to 2.4%.
Euro remains subdued following German ZEW Survey data
EUR/USD depreciates after three days of gains, trading around 1.1570 during the European hours on Tuesday. The pair loses ground as the Euro (EUR) remains subdued following the release of German ZEW Survey data.
China: Credit-light growth reshapes loan demand – Standard Chartered
Standard Chartered’s Carol Liao and Moriarty Lam analyze slowing loan growth in China despite stable real Gross Domestic Product (GDP) and recent reflation.
British Pound trades lower against US Dollar after soft UK employment data
The British Pound (GBP) is down 0.1% to near 1.3530 against the US Dollar (USD) during the European trading session on Tuesday. The British currency comes under pressure after the release of the United Kingdom (UK) employment data for three months ending June.
United States: August inflation profile – TD Securities
TD Securities’ Macro Research team, led by Oscar Munoz and Molly Brooks, projects a stronger US August CPI profile. Headline CPI is seen rising 0.39% month-on-month, with gasoline and food inflation rebounding.