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BOE Preview After CPI: Hawkish Noises
July 22, 2026 6:11 AM UTC
• The BOE will likely maintain a hawkish bias on July 30, but are unlikely to signal a September hike. The June CPI did not really change this picture, with the core unchanged at 2.6%. Though BOE Bailey recently noted the unstable process (in the Straits of Hormuz and for energy prices), he
U.S. June ADP Employment - Slightly slower, far from weak
July 1, 2026 12:37 PM UTC
June’s ADP’s estimate of private sector employment of 98k is on the weak side of expectations and similarly below consensus forecasts for private sector payrolls tomorrow. It is possible that payrolls could outperform ADP data if payrolls capture more temporary jobs created by the World Cup. Our
IMM Commitment of Traders Reports w/e Jul 21
July 27, 2026 8:28 AM UTC
IMM data for w/e Jul 21 show some adds to EUR shorts, most since Feb though still limited
JPY shorts back towards the recent wides during $ haven week, range break
GBP shorts have been trimming during recent short squeeze / fading of political bets
Some signs that caught stale kiwi shorts covering in
