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Austria Industrial Production (YoY) declined to -1.1% in July from previous 0%
Austria Industrial Production (YoY) declined to -1.1% in July from previous 0%
Turkey Industrial Production (YoY) up to -0.3% in July from previous -1.4%
Turkey Industrial Production (YoY) up to -0.3% in July from previous -1.4%
Spain Industrial Output Cal Adjusted (YoY): 2.3% (July) vs 1.1%
Spain Industrial Output Cal Adjusted (YoY): 2.3% (July) vs 1.1%
British Pound: Neutral stance inside narrower band against US Dollar â UOB
UOBâs Quek Ser Leang and Lee Sue Ann keep a neutral view on GBP/USD around 1.3545, noting recent sideways trade between 1.3531 and 1.3567. They now see a tighter 1.3495â1.3590 range as sufficient to contain price action.
British Pound moves away from YTD low as Yen consolidates hawkish BoJ-inspired rally
The GBP/JPY cross gains some positive traction on Thursday and moves away from the year-to-date low, around the 207.00 neighborhood, touched earlier this week. Spot prices stick to modest gains above the 208.00 mark through the early European session, though the uptick lacks bullish conviction.
Japanese Yen: Intervention risk supports against US Dollar â Commerzbank
Michael Pfister highlights that comments from the US Treasury Secretary about having âasymmetric informationâ on Bank of Japan (BoJ) moves are intended to deter speculative positioning for further Japanese Yen (JPY) weakness.
USD/CAD Price Forecast: Wobbles around 1.3800 ahead of US PPI data
The Canadian Dollar (CAD) trades sideways at around 1.3810 against the US Dollar (USD) during the European trading session on Thursday. The Loonie pair consolidates as investors await the United States (US) Producer Price Index (PPI) data for August, which will be published at 12:30 GMT.
Brent: Geopolitics keep rally supported â ING
ING analysts Warren Patterson and Ewa Manthey note that Brent has broken above $100/bbl for the first time since July, driven by persistent geopolitical risk in the Persian Gulf and limited prospects for de-escalation between the US and Iran.
Euro ticks down from session highs ahead of the ECB monetary policy decision
The Euro (EUR) has given away previous gains against the US Dollar (USD) on Thursday, pulling back to the 1.1620 area, from session highs above 1.1640.
British Pound strengthens above 1.3550, all eyes on US PPI inflation release
The GBP/USD pair gains traction to near 1.3555 during the early European session on Thursday, bolstered by a weaker US Dollar (USD). Markets might turn cautious later in the day ahead of the release of the US Producer Price Index (PPI) data.Â
Euro: Firms against US Dollar as ECB hike in focus â Danske Bank
Danske Research Team expects the European Central Bank (ECB) to raise its deposit rate by 25bp to 2.50%, in line with consensus and market pricing, while President Lagarde is expected to retain full optionality on future moves.
Sweden New Orders Manufacturing (YoY): -0.5% (July) vs previous 29.9%
Sweden New Orders Manufacturing (YoY): -0.5% (July) vs previous 29.9%
Sweden Industrial Production Value (YoY) climbed from previous -1.5% to 0.2% in July
Sweden Industrial Production Value (YoY) climbed from previous -1.5% to 0.2% in July