Market News
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China: Fiscal support to offset weak demand – Standard Chartered
Standard Chartered economists Hunter Chan and Shuang Ding note that China’s July real activity data showed weaker momentum, with estimated monthly Gross Domestic Product (GDP) growth dropping below 4.3% year-on-year.
New Zealand Dollar hits two-month high as US Dollar weakness offsets softer China data
NZD/USD extends its advance on Monday and trades around 0.5915 at the time of writing, up 0.37% on the day.
Taiwan: Strong double-digit GDP expansion to persist – DBS
DBS Group Research economist Ma Tieying revises Taiwan’s 2026 GDP growth forecast up to 11.6% from 9.4% and 2027 to 5.6% from 4.5%, noting that growth will exceed 10% and mark the strongest pace in more than three decades.
Canada Canadian Portfolio Investment in Foreign Securities increased to $35.43B in June from previous $22.27B
Canada Canadian Portfolio Investment in Foreign Securities increased to $35.43B in June from previous $22.27B
Canada Foreign Portfolio Investment in Canadian Securities registered at $40.83B above expectations ($15B) in June
Canada Foreign Portfolio Investment in Canadian Securities registered at $40.83B above expectations ($15B) in June
Canada Consumer Price Index - Core (MoM) remains at 0.2% in July
Canada Consumer Price Index - Core (MoM) remains at 0.2% in July
United States NY Empire State Manufacturing Index above expectations (11) in August: Actual (20.6)
United States NY Empire State Manufacturing Index above expectations (11) in August: Actual (20.6)
Canada Consumer Price Index (YoY) came in at 3%, above forecasts (2.9%) in July
Canada Consumer Price Index (YoY) came in at 3%, above forecasts (2.9%) in July
Canada Consumer Price Index (MoM) in line with forecasts (0.5%) in July
Canada Consumer Price Index (MoM) in line with forecasts (0.5%) in July
Canada BoC Consumer Price Index Core (YoY): 2.3% (July) vs 2.1%
Canada BoC Consumer Price Index Core (YoY): 2.3% (July) vs 2.1%
Canada BoC Consumer Price Index Core (MoM) rose from previous 0.1%Â to 0.2% in July
Canada BoC Consumer Price Index Core (MoM) rose from previous 0.1%Â to 0.2% in July
Norwegian Krone: Further gains seen versus Euro - Rabobank
Rabobank's Senior FX Strategist Jane Foley highlights that the Norwegian Krone (NOK) is the strongest G10 currency across multiple horizons, supported by Oil prices, above-target inflation and a hawkish Norges Bank.
Japan: BoJ path questioned on weak demand – Societe Generale
Societe Generale economists Reo Sakida and Jin Kenzaki say Japan’s 2Q GDP data were weaker than expected, with consumption and capex both disappointing.

