Taylor Farms recalls salsa and guacamole over salmonella risk
“The average American is not getting everything available through Medicare,” Dr. Mike Daniels, chief medical officer at WeTreatFeet Podiatry, told NTD News.
Read more →Foreign Exchange
Euro consolidates below its highest level since June 17 as Mideast tensions support USD
The EUR/USD pair kicks off the new week on a subdued note and trades just above 1.1550 during the Asian session, well within striking distance of a fresh high since June 17, touched in reaction to the disappointing US j…
Read more →Hormuz tensions escalate as unconfirmed missile attack amid fragile US-Iran talks
The ongoing US-Iran conflict has entered a crucial diplomatic phase, with intense fighting and strategic pressure around the vital Strait of Hormuz continuing to drive the dynamic of the war. Iranian officials stated on…
Read more →BoJ Summary of Opinions: Board split on pace of rate hikes amid inflation risk
The Bank of Japan (BoJ) published the Summary of Opinions from the July 30-31 monetary policy meeting, which showed a split between members wanting to hold rates to assess the impact of the last rate hike and others pus…
Read more →WTI rises to near $79.50 amid uncertainty over reopening Strait of Hormuz
West Texas Intermediate (WTI) oil price gains ground after registering nearly 1.5% losses in the previous trading day, hovering around $79.40 per barrel during the Asian hours on Monday. Crude oil prices advance as pers…
Read more →How coordinated currency buying interventions work
The French presidency of the G7 has been remarkably effective at reviving the policy discussion around global imbalances and international economic policy coordination after more than a decade of complete neglect by the…
Read more →Strategist explains why U.S. yen support is built to fail
To help expand and sustain America’s middle class, U.S. foreign policy makers need a new agenda that will rebuild trust at home and abroad.
Read more →Why is the bearish yen sentiment still strong?
We don’t fully trust the dovish repricing in Bank of Japan expectations after recent central bank appointments, but upbeat risk sentiment (Nvidia earnings were strong) and soft Tokyo CPI overnight can keep JPY under pre…
Read more →China: Credit demand and liquidity trends – DBS
DBS Group Research anticipates China’s credit demand to stay weak in July, with new Yuan loans around RMB 10.8 billion and M2 growth at 8% year-on-year. Corporate and household medium- to long-term lending are likely to…
Read more →Chinese Yuan: Range trade holds with bullish tone against US Dollar – UOB
United Overseas Bank (UOB) analysts Quek Ser Leang and Lee Sue Ann see USD/CNH confined to a narrow intraday range, with flat momentum suggesting consolidation between 6.7450 and 6.7550. Their 1–3 week view still antici…
Read more →Singapore: GDP revision and forecast upgrade – DBS
DBS Group Research expects Singapore’s final 2Q26 GDP to be revised up to 5.9% year-on-year and 1.3% quarter-on-quarter seasonally adjusted, driven by stronger manufacturing and services. With first-half growth above tr…
Read more →Hormuz deal hopes rise as talks progress – Reuters
A US official said on Friday that there is progress in Oman-Iran talks and that a deal could be signed soon, according to Reuters. Once the deal is announced, this would restore commercial shipping in the Strait of Horm…
Read more →GBP/JPY Price Forecast: Rebound holds above 200-day SMA
The British Pound retreats against the Japanese Yen, down about 0.24%, as the Yen is poised to end the week on a higher note. However, GBP/JPY is poised to finish the week with minimal gains, trading at 212.64.
Read more →Philippines: BSP policy outlook shifts – Standard Chartered
Standard Chartered’s Jonathan Koh and Edward Lee now expect Bangko Sentral ng Pilipinas (BSP) to keep its policy rate unchanged at the 27 August meeting, abandoning a previously projected hike. The bank trims its 2026 G…
Read more →US Treasury yields drop on soft NFP, Hormuz hopes ease Fed risks
US Treasury yields drop across the curve on Friday amid growing speculation that the Iran-Oman deal is about to be sealed, which has so far pushed energy prices lower, while investors also digest a weak Nonfarm Payrolls…
Read more →BlossomHill Therapeutics shares fall in debut after IPO
Latigo Biotherapeutics and BlossomHill Therapeutics have provided more color for their respective initial public offerings as the companies look to join a Nasdaq newcomer class that’s shaping up to be the largest in yea…
Read more →Dow Jones Industrial Average dodges a hike December still prices
The American labour market contracted in July and the Dow Jones Industrial Average answered with a gain of roughly 65 points, a tenth of a percent, trading near 54,000 into the afternoon. The session high just above 54,…
Read more →New Zealand Dollar advances as US labor market weakness pressures USD
NZD/USD trades around 0.5890 on Friday at the time of writing, up 0.36% on the day. The pair is benefiting from a sharp decline in the US Dollar (USD) following a much weaker-than-expected US employment report, while th…
Read more →Canada: Gradual improvement with tariff risks – RBC
Royal Bank of Canada’s (RBC) Nathan Janzen reports that Canada’s labour market strengthened in July, with a 75k employment gain following robust increases in May and June and a decline in the unemployment rate to 6.4%. …
Read more →Australian Dollar climbs near two-month highs as NFP turns negative
The AUD/USD pair surged to its highest in nearly two months past 0.7070 earlier on Friday, following the release of the United States (US) Nonfarm Payrolls (NFP) report. The move owes nothing to Australia. Instead, the …
Read more →NY Fed inflation expectations ease modestly in the short term
The New York Fed Survey of Consumer Expectations shows that households’ inflation expectations decreased slightly over the short-term horizon and remained unchanged at the medium and longer-term horizons. One-year infla…
Read more →Natural Gas: Higher price forecasts on LNG squeeze – Commerzbank
Norman Liebke at Commerzbank has revised Gas and German power price forecasts higher, citing tighter European storage, increased reliance on LNG and structural constraints on Qatari exports. The phase-out of Russian Gas…
Read more →US Dollar: Payrolls-driven consolidation as CPI looms – TD Securities
TD Securities strategists note that the US Dollar (USD) weakened after the disappointing July Payrolls report, but see limited downside against G10 currencies unless softer US inflation further reduces Fed hike expectat…
Read more →Gold heads for best week since January after disappointing NFP
Gold (XAU/USD) extends its recovery on Friday as weaker-than-expected US payroll growth weighs on the US Dollar (USD) and US Treasury yields. At the time of writing, XAU/USD trades around $4,356 after hitting $4,371, it…
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