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Chinese Yuan: Undervaluation and export gains questioned ā Commerzbank
Commerzbankās Volkmar Baur challenges recent internal analysis on CNY undervaluation and exports, arguing that Chinaās exchange-rate management and gold purchases point to deliberate weakening.
United Kingdom CFTC GBP NC Net Positions rose from previous Ā£-54.6KĀ to Ā£-44.5K
United Kingdom CFTC GBP NC Net Positions rose from previous Ā£-54.6KĀ to Ā£-44.5K
Japan CFTC JPY NC Net Positions fell from previous Ā„-52.9K to Ā„-63.3K
Japan CFTC JPY NC Net Positions fell from previous Ā„-52.9K to Ā„-63.3K
Eurozone CFTC EUR NC Net Positions: ā¬-36.4K vs ā¬-59.1K
Eurozone CFTC EUR NC Net Positions: ā¬-36.4K vs ā¬-59.1K
United States CFTC S&P 500 NC Net Positions fell from previous $-10.6K to $-68K
United States CFTC S&P 500 NC Net Positions fell from previous $-10.6K to $-68K
United States CFTC Oil NC Net Positions rose from previous 122.1KĀ to 123.4K
United States CFTC Oil NC Net Positions rose from previous 122.1KĀ to 123.4K
United States CFTC Gold NC Net Positions up to $243.3K from previous $222.2K
United States CFTC Gold NC Net Positions up to $243.3K from previous $222.2K
Australia CFTC AUD NC Net Positions declined to $-44.5K from previous $-44.2K
Australia CFTC AUD NC Net Positions declined to $-44.5K from previous $-44.2K
South Korean Won: Strong exports support KRW and KOSPI ā DBS
DBS Group strategists Taimur Baig and Nathan Chow expect South Koreaās August exports to stay strong near 60% year-on-year, underpinning the outlook for the KOSPI and Korean Won (KRW) even as growth moderates from Juneās peak.
BoEās Bailey sees muted inflation effects ahead of policy meeting
Bank of England (BoE) Governor Andrew Bailey said on Friday that he doesnāt see significant second-round inflation effects in the UK, in an interview with Bloomberg TV at the Jackson Hole Symposium.
ECB Kocher says Europe economy shows momentum, threats price stability
Martin Kocher, Governor of the Austrian National Bank and a member of the European Central Bank (ECB), said in an interview with Bloomberg that Europeās economy shows more momentum.
Fedās Goolsbee says inflation is the main issue right now
Chicago Federal Reserve (Fed) President Austan Goolsbee commented in a CNBC interview at the Jackson Hole Symposium on Friday that he agreed with Fed Chair Kevin Warsh about the details of the economy, adding that āinflation is the Fedās main issue right now.ā
United States Baker Hughes US Oil Rig Count dipped from previous 452Ā to 447
United States Baker Hughes US Oil Rig Count dipped from previous 452Ā to 447