View:
August 18, 2026 6:41 AM UTC
The schizophrenic, compartmentalised performance slightly catches up with risk overnight, as US-Iran standoff slightly dents mood
UK labor data overall soft and helps keep BoE wait and see on hold
July 30, 2026 1:39 PM UTC
· CHF/JPY has become interesting from several directions: extreme relative valuation, changing carry rankings, opposing official preferences over currency direction, and the beginnings of a possible technical rollover. When things align, they can encourage some migration in positioning
August 28, 2026 5:33 AM UTC
Asia Session
Tokyo August Ex fresh food & energy CPI rose from 1.8% y/y in July to 2%, while headline CPI below target range at 1.9% y/y. The figure is still cushioned by energy stimulus yet remain supportive for a September hike on a strong read in core-core. USD/JPY is trading 0.09% higher at 159.5
August 27, 2026 1:53 PM UTC
We expect a July trade deficit of $90.5bn, up from $73.3bn in June and the widest since the record pre-tariff deficit of $133.0bn seen in March 2025. The deficit will also be lower than those of December 2024 and January and February of 2025, but before then the last deficit that exceeded our foreca