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US ISM Manufacturing PMI fell to 54.6 in August
In August, the US manufacturing sector lost some momentum. Indeed, the ISM Manufacturing PMI dropped from 55.6 in July to 54.6, below analysts' prediction of 55.2.
Spain 12-Month Letras Auction: 2.832% vs 2.663%
Spain 12-Month Letras Auction: 2.832% vs 2.663%
Spain 6-Month Letras Auction climbed from previous 2.496% to 2.623%
Spain 6-Month Letras Auction climbed from previous 2.496% to 2.623%
US Dollar: Fed restraint supports gains against peers – OCBC
OCBC strategists Sim Moh Siong and Christopher Wong have reset their forecasts after the earlier US Dollar (USD) sell-off but still projects moderate USD strength into early 2027.
United Kingdom M4 Money Supply (YoY) declined to 4.5% in July from previous 5%
United Kingdom M4 Money Supply (YoY) declined to 4.5% in July from previous 5%
Brent: Uptrend eyes 102 and 110 – Societe Generale
Societe Generale strategists note Brent has held above key moving averages near $85/84, keeping upward momentum intact as geopolitical tensions and higher energy prices drive a broader bond rout.
United Kingdom M4 Money Supply (YoY) fell from previous 5% to 0.5% in July
United Kingdom M4 Money Supply (YoY) fell from previous 5% to 0.5% in July
United Kingdom Net Lending to Individuals (MoM) registered at £6.3B, below expectations (£9.2B) in July
United Kingdom Net Lending to Individuals (MoM) registered at £6.3B, below expectations (£9.2B) in July
Italy Unemployment meets forecasts (5.8%) in July
Italy Unemployment meets forecasts (5.8%) in July
United Kingdom M4 Money Supply (MoM) came in at -0.3%, below expectations (0.9%) in July
United Kingdom M4 Money Supply (MoM) came in at -0.3%, below expectations (0.9%) in July
United Kingdom S&P Global Manufacturing PMI above expectations (51.5) in August: Actual (51.7)
United Kingdom S&P Global Manufacturing PMI above expectations (51.5) in August: Actual (51.7)
British Pound edges higher as fiscal risks and rate gap weigh on Yen
The GBP/JPY cross edges higher on Tuesday, though it lacks bullish conviction and remains confined within a familiar range held over the past week or so. Spot prices currently trade around mid-216.00s amid a broadly weaker Japanese Yen (JPY).
Euro edges down against Japanese Yen ahead of Eurozone HICP data
The Euro (EUR) trades subduedly at around 185.50 against the Japanese Yen (JPY) during the European trading session on Tuesday. The major currency is mildly under pressure ahead of the Eurozone flash Harmonized Index of Consumer Prices (HICP) data for August, which will be published at 09:00 GMT.