United States Kansas Fed Manufacturing Activity climbed from previous 9 to 19 in June
United States Kansas Fed Manufacturing Activity climbed from previous 9 to 19 in June
United States EIA Natural Gas Storage Change registered at 76B above expectations (67B) in June 19
Commerzbank’s Bernd Weidensteiner and Christoph Balz describe the United States as a long‑term growth success, driven by population gains, immigration and productivity, but now facing a serious challenge from China.
USD/CAD trades around 1.4205 on Thursday at the time of writing, down 0.21% on the day after recently reaching its highest level in 14 months.
EUR/USD recovers from intraday lows on Thursday as traders digest a heavy batch of US economic data. At the time of writing, the pair trades around 1.1362, staging a rebound from thirteen-month lows reached on Wednesday.
ABN AMRO strategist Georgette Boele notes that recent Dollar strength has been driven mainly by a reassessment of the Federal Reserve outlook, with markets now pricing in rate hikes into 2026. She argues this repricing may have gone too far, as ABN AMRO still expects Fed rate cuts around year-end.
MUFG’s Lloyd Chan reports broad Asia FX weakness versus the Dollar, with the Thai Baht underperforming. The Bank of Thailand has kept its policy rate at 1% as growth remains low and uneven and credit conditions soft.
West Texas Intermediate (WTI) US Oil trades around $69.30 at the time of writing, down 0.65% on Thursday. The American benchmark Crude is now posting a fourth consecutive day of losses, weighed down by a convergence of supply-side factors reshaping market expectations.
Russia Central Bank Reserves $: $743.8B vs $729.3B
TD Securities’ Izidor Flajsman highlights that during historical US equity ‘lost decades’, Precious Metals, especially Gold, have delivered strong real returns while broad Commodities were more mixed.
Commerzbank economists Bernd Weidensteiner and Christoph Balz review 250 years of US economic history, highlighting how persistent inflation has eroded the value of the Dollar and how federal debt has surged back to World War II highs.
United States Gross Domestic Product Price Index above expectations (3.5%) in 1Q: Actual (3.6%)