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)…

OCBC Analysts Detail Gold’s Resilient Gains Amid Easing Momentum, Awaiting Crucial US Payrolls Test

Gold has demonstrated remarkable resilience, retaining the majority of its recent gains after decisively breaking through key resistance levels, a trajectory supported by a confluence of factors including lower oil…

WTI holds firm near $77.50 as escalating Middle East tensions threaten oil supply routes | FXStreet

The Strait of Hormuz: A Global Chokepoint Under Pressure The Strait of Hormuz, a narrow waterway connecting the Persian Gulf with the Arabian Sea and the Indian Ocean, is globally…