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British Pound slips on solid US jobless claims as Fed hawks lift USD
The Pound Sterling (GBP) registers back-to-back bearish days on Thursday, down about 0.05% against the US Dollar (USD) after economic data showed the labor market remains solid, while investors eye Federal Reserve (Fed) speakers at the Jackson Hole Symposium.
Japanese Yen remains fragile ahead of Tokyo CPI, Warshâs Jackson Hole speech
USD/JPY trades in a narrow range below 160 on Thursday, with neither side able to build strong momentum. The US Dollar (USD) is struggling to extend Wednesdayâs recovery, while persistent weakness in the Japanese Yen (JPY) continues to keep the pair supported.
Thailand: Stable policy anchors short-end yields â DBS
DBS Group Research economist Chua Han Teng expects the Bank of Thailand (BoT) to keep its policy rate at 1.00% through 2026, following the unanimous decision on August 26 to stay on hold.
United States Kansas Fed Manufacturing Activity remains at 17 in August
United States Kansas Fed Manufacturing Activity remains at 17 in August
Chinese Yuan: Structural export drivers outweigh CNY â Commerzbank
Commerzbankâs Michael Pfister examines whether the weaker CNY explains Chinaâs rising export market share. Using bilateral real exchange rates across major partners, he finds no systematic link between CNY moves and market share gains, including in advanced sectors like electric cars.
Fed's Hammack says ânowâ is the time to tackle inflation
Cleveland Federal Reserve (Fed) President Beth Hammack crossed the wires on CNBC on Thursday as the Jackson Hole Symposium begins.
United States EIA Natural Gas Storage Change registered at 15B, below expectations (19B) in August 21
United States EIA Natural Gas Storage Change registered at 15B, below expectations (19B) in August 21
Oil: Hormuz traffic and policy risks â MUFG
MUFG's Derek Halpenny examines how uncertainty over Strait of Hormuz oil flows and tight US fuel inventories are shaping crude prices.
European Central Bank: September hike prospects strengthen â Nordea
Nordeaâs Jan von Gerich argues that the European Central Bank remains focused on upside inflation risks and is likely to continue tightening policy.
Fedâs Schmid warns energy shock is leaking into the economy
Kansas City Fed President Jeffrey Schmid warned on Thursday that inflation remains stubborn and that the energy shock is spreading into the broader economy. With the next meeting approaching, he said the Fed needs more information but remains committed to returning inflation to 2%.
Fed's Goolsbee warns political interference with Fed could fuel inflation
Chicago Federal Reserve (Fed) President Austan Goolsbee said on Thursday that the economy remains broadly stable but warned that tariffs and war-related price increases are complicating the inflation outlook.
Euro trims intraday losses as traders weigh Fed-ECB interest rate outlooks
EUR/USD holds firm on Thursday after coming under pressure on the previous day as the latest US inflation figures helped the US Dollar (USD) regain some lost ground.
US Dollar: Fed repricing risk weighs on usd â BBH
Brown Brothers Harrimanâs (BBH Elias Haddad notes the US Dollar (USD) is consolidating gains, with the US Dollar Index (DXY) testing its 200âday moving average resistance and United States (US) data showing Personal Consumption Expenditures (PCE) Price Index inflation stuck above the Fedâs 2% target