Legend Biotech (NASDAQ: LEGN) announced that Ying Huang, Ph.D., has stepped down as Chief Executive Officer and as a member of the Board of Directors, effective July 24, 2026. Dr. Huang will remain as an advisor through…
Read more →New orders for manufactured Durable Goods in the United States (US) rose by $1.1 billion, or 0.3%, to $334.8 billion in June, the US Census Bureau announced on Monday. This reading followed a 4% decline recorded in May …
Read more →GBP/JPY edges lower on Monday as the British Pound (GBP) weakens across the board following its recent advance, with traders trimming exposure ahead of the Bank of England’s (BoE) interest-rate decision on Thursday. At …
Read more →ING’s Frantisek Taborsky expects upcoming Czech and Hungarian Gross Domestic Product (GDP) data to confirm improving growth momentum, while Polish inflation should re-accelerate on higher fuel prices. Taborsky argues th…
Read more →Commerzbank’s Tatha Ghose reports the Russian central bank cut its key rate to 14.0% despite raising its 2026 inflation forecast and projecting stagflationary macro conditions. He argues the easing cycle suggests politi…
Read more →UOB strategists expect the Federal Reserve (Fed) to keep the Fed Funds Target Rate at 3.50%–3.75% at the July Federal Open Market Committee (FOMC) meeting and maintain a base case of an extended pause through 2026, with…
Read more →OCBC’s Sim Moh Siong and Christopher Wong note that easing Oil prices, helped by reduced Iran–US tensions, are bringing crude closer to their base case of a gradual downtrend. They argue lower Oil should relieve inflati…
Read more →MUFG’s Lee Hardman notes the US Dollar has softened as Middle East tensions ease and Brent Oil retreats below USD90, reducing energy-driven inflation fears. The correction in energy prices has slightly lowered market-im…
Read more →Gold (XAU/USD) has been consolidating gains during the European trading session, following a bullish gap at the week’s opening as a moderate improvement of risk sentiment hurt the safe-haven USD. A pause in the US-Iran …
Read more →Gold (XAU/USD) opens the week with a bullish gap on Monday but struggles to build on its early advance as optimism over a temporary pause in attacks between the United States (US) and Iran fades and Oil prices recover f…
Read more →The Japanese Yen (JPY) pares recent losses against the US Dollar (USD) on Monday, favoured by a relief rally, as the US and Iran halted their hostilities, opening the door for further negotiations. The USD/JPY pair has …
Read more →ING analysts Warren Patterson and Ewa Manthey note that Brent has retreated sharply, briefly dropping below US$90/bbl as the US and Iran paused further strikes. They stress that disruptions in Russia and the Red Sea con…
Read more →Silver prices (XAG/USD) rose on Monday, according to FXStreet data. Silver trades at $59.43 per troy ounce, up 2.26% from the $58.12 it cost on Friday.
Read more →OCBC’s Sim Moh Siong and Christopher Wong highlight that markets have repriced the risk of a July Fed hike higher after Oil-driven inflation worries, but still expect no move. A hawkish hold would keep the US Dollar (US…
Read more →Silver (XAG/USD) rallies on Monday and trades around $59.45 at the time of writing, up 2.27% on the day. The white metal benefits from a sharp decline in Oil prices following renewed hopes for de-escalation between the …
Read more →Geoff Yu at BNY argues that the Bank of England (BoE) is likely to keep policy unchanged despite energy-driven price pressures, as markets have already tightened financial conditions. He sees the United Kingdom's (UK) c…
Read more →MUFG’s Lee Hardman highlights that lower energy prices have eased pressure on Japanese policymakers and slowed USD/JPY’s climb below 164.00. Markets expect the Bank of Japan (BoJ) to keep rates unchanged but are focused…
Read more →BNY’s Geoff Yu notes that the Bank of Japan (BoJ) is widely expected to keep rates unchanged, but stresses that markets need a clearer tightening signal as the Japanese Yen trades near multi-decade lows. Rising fiscal c…
Read more →UOB strategists note GBP/USD edged up to 1.3326, with Gilts caught between fiscal risks from Prime Minister Burnham’s debut plans and the Oil price shock. A Bloomberg poll and UOB economist Lee Sue Ann both expect the B…
Read more →The remarks from European Central Bank (ECB) Governing Council member and Governor of Croatia's central bank, Ante Žigman, in an interview with Jutarnji List, released during the European trading session on Monday, sign…
Read more →July 26, 2026, 3:57 AM EDT. The S&P 500 index declined by 0.79% in July following President Trump’s decision to reinstate the Strait of Hormuz blockade, escalating tensions with Iran. The CBOE Volatility Index (VIX) cli…
Read more →Brown Brothers Harriman’s (BBH) Elias Haddad expects a hawkish Federal Reserve (Fed) hold and a goldilocks-like United States (US) macro backdrop to keep the US Dollar (USD) supported in coming days. Haddad highlights f…
Read more →West Texas Intermediate (WTI) oil price opened at a bearish gap, down by over 7%, trading around $82.50 per barrel during the Asian hours on Monday. Crude oil prices declined after the United States (US) and Iran paused…
Read more →The Euro (EUR) trades 0.36% higher to near 1.1410 against the US Dollar (USD) during the European trading session on Monday. The major currency pair trades firmly as the revival of risk-on market sentiment has diminishe…
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