US Treasury Yields Plunge Amid Iran-Oman Deal Speculation and Disappointing Nonfarm Payrolls Report, Reshaping Fed Rate Hike Expectations

US Treasury yields experienced a significant decline across the curve on Friday, driven by a confluence of geopolitical developments and critical economic data. Growing speculation surrounding an imminent deal between…

US Dollar Under Pressure as Weak Jobs Data Sparks Dovish Fed Repricing Ahead of Crucial Inflation Report

The US Dollar Index (DXY) experienced a significant downturn, plunging below the critical 100.00 threshold following a surprisingly weak July Nonfarm Payrolls (NFP) report released on Friday. This pivotal economic…

Standard Chartered Reverses BSP Rate Hike Forecast, Projects Extended Hold Amidst Evolving Economic Landscape and Persistent Hawkish Rhetoric

Analysts Jonathan Koh and Edward Lee from Standard Chartered have significantly revised their outlook for the Bangko Sentral ng Pilipinas (BSP), now anticipating the central bank will maintain its policy…

British Pound Retreats Against Japanese Yen Amidst Intervention Dialogue and Yen’s Strongest Weekly Performance

The British Pound concluded the week with a notable retreat against the Japanese Yen, marking a decline of approximately 0.24% on Friday, as the Yen positioned itself to end the…

Progress Reported in Oman-Iran Talks on Strait of Hormuz Shipping, Potential Deal Imminent Amidst US Demands for Unrestricted Navigation

A senior United States official announced on Friday that significant progress has been achieved in ongoing diplomatic discussions between Oman and Iran, suggesting that an agreement to restore commercial shipping…

Singapore’s 2Q26 GDP Expected to Be Upgraded to 5.9% Amid Stronger Manufacturing and Services, Government Forecast Revision Likely

DBS Group Research anticipates a significant upward revision to Singapore’s final second-quarter 2026 Gross Domestic Product (GDP) figures, projecting growth to reach 5.9% year-on-year (YoY) and 1.3% quarter-on-quarter (QoQ) on…

Chinese Yuan: Range trade holds with bullish tone against US Dollar – UOB | FXStreet

The assessment from UOB’s Global Economics & Markets Research team, led by currency strategists Quek Ser Leang and Lee Sue Ann, provides a detailed outlook on the Renminbi’s performance against…

DBS Group Research Forecasts Persistent Weakness in China’s Credit Demand and M2 Growth for July Amid Cautious Borrowing and Property Market Headwinds

DBS Group Research anticipates a profound continuation of weak credit demand in China for July, projecting new Yuan loans to be approximately RMB 10.8 billion. This figure, if realized, would…

EUR/JPY Navigates Complex Crosscurrents as Geopolitical Risks and Central Bank Divergence Shape Market Sentiment

The EUR/JPY currency pair experienced a notable retreat on Friday, easing away from recent highs despite the Euro’s robust performance against the US Dollar. This paradoxical movement underscores the multifaceted…

Nordea Questions AI Profitability Durability Amid High Inference Costs, Rapid Model Depreciation, and Intense Competition

Oslo, Norway – A recent comprehensive analysis by Nordea analysts Kirsti Sunde Midttun and Ole Håkon Eek-Nielsen has cast a critical eye on the long-term profitability of artificial intelligence (AI)…