There’s a lot riding on the US CPI report later today, especially with Treasury yields having threatened multi-decade highs over the past week. Going into the report, the consensus is that headline…
China factory inflation hits 5%, fastest in over four years, as CPI lags at 0.9% Lagarde: no second-round effects yet, but ECB can’t wait until they are in full view Goldman Sachs…
The gap between surging factory prices and subdued consumer inflation points to an oil-driven cost shock, not demand-led inflation. That makes crude and commodity prices the main driver of China’s price data…
Lagarde’s message leans hawkish at the margin. A central bank that will act on early hints, without waiting for clear evidence of second-round effects, could move sooner than markets expect if wage…
Goldman’s read raises the risk that the next RBA move comes sooner than its own base case. That leaves the third-quarter CPI release as the main event for the Australian dollar and…
The pullback in listings is a warning sign for the most capital-hungry corner of the AI trade. Developers that depend on fresh equity and debt to build face higher funding costs and…
Producer Price Index (YoY) 5% expected 4.5%, prior 3.8% PPI +1.2% m/m (prior 0.4%) Consumer Price Index (MoM) 0.2% expected 0.3%, prior 0.4% Consumer Price Index (YoY) 0.9% expected 1.0%, prior 0.8% Earlier: Economic…
The PBOC allows the yuan to fluctuate within a +/- 2% range, around this reference rate. More here on this. injects 56bn yuan via 7-day reverse repos at 1.4%, unchnaged rate This…
Oil’s reaction to Trump’s repeated price forecasts has faded. The market’s own verdict shows in deferred contracts, where WTI and Brent strips for 2027 have recently set records, a sign that traders…
Friday’s upcoming MSCI decision on whether to exclude companies like Strategy from its global indices is the nearest catalyst, since an exclusion could trigger passive selling of the shares even if Saylor…
ANZ’s view tempers any dovish reading of Wednesday’s surprise hold. If markets come to see it as a pause within a tightening cycle, any Singapore dollar weakness against its trading partners could…
How Singapore’s monetary policy works: the S$NEER band explained in three levers Most central banks fight inflation by raising or cutting interest rates. Singapore does it differently. The Monetary Authority of Singapore…
