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Japanese Yen weakens as Japanâs 10-year yield hits 3% for first time since 1996
USD/JPY trades around 160.05 on Tuesday at the time of writing, gaining 0.19% on the day, as the Japanese Yen (JPY) remains under pressure against the US Dollar (USD).
United States S&P Global Manufacturing PMI registered at 53.9 above expectations (53.2) in August
United States S&P Global Manufacturing PMI registered at 53.9 above expectations (53.2) in August
Euro area: Inflation jump supports ECB hike â Commerzbank
Commerzbankâs Dr. Vincent Stamer notes that Euro area headline inflation rose to 3.3% in August from 2.9% in July, driven mainly by higher energy prices linked to the Middle East conflict.
Canada S&P Global Manufacturing PMI declined to 53 in August from previous 53.5
Canada S&P Global Manufacturing PMI declined to 53 in August from previous 53.5
âGood newsâ on inflation: ECBâs Nagel sees no second-round effects
Joachim Nagel, European Central Bank (ECB) Governing Council member and Bundesbank President, expressed confidence on Tuesday in the global economic outlook despite geopolitical tensions in the Middle East.
Indian Rupee: RBI seen hiking as inflation risks build â UOB
UOBâs Jester Koh expects the Reserve Bank of India (RBI) to deliver two consecutive 25bps rate hikes starting from the December 2026 Monetary Policy Committee (MPC) meeting, as headline inflation is projected to breach the upper end of the RBIâs 2â6% band by 3QFY27.
Brazil S&P Global Manufacturing PMI declined to 46.3 in August from previous 47.5
Brazil S&P Global Manufacturing PMI declined to 46.3 in August from previous 47.5
South Africa Total New Vehicle Sales climbed from previous 57708 to 57898 in August
South Africa Total New Vehicle Sales climbed from previous 57708 to 57898 in August
United States Redbook Index (YoY) up to 9.6% in August 28 from previous 9.1%
United States Redbook Index (YoY) up to 9.6% in August 28 from previous 9.1%
S&P 500: Strong earnings but stretched valuation risk â NBC
National Bank of Canada (NBC) strategists highlight that the S&P 500 has hit a fresh record high in August, supported by an exceptionally strong Q2 earnings season with roughly 50% year-on-year EPS growth.
Australian Dollar retreats as rising US yields overshadow upbeat Chinese PMI
AUD/USD declines 0.29% on Tuesday, trading around 0.7145 at the time of writing. The Australian Dollar (AUD) struggles to retain the momentum initially generated by encouraging Chinese economic data, while the US Dollar (USD) benefits from rising US Treasury yields.
Canadian Dollar retreats as US Dollar benefits from Fed rate hike bets
USD/CAD trades on the front foot on Tuesday, supported by a firmer US Dollar (USD), while trade tensions between the United States (US) and Canada and diverging Federal Reserve (Fed) and Bank of Canada (BoC) policy expectations weigh on the Canadian Dollar (CAD).
Chile IMACEC below forecasts (0.4%) in July: Actual (-1.5%)
Chile IMACEC below forecasts (0.4%) in July: Actual (-1.5%)