Day: June 22, 2026

Price pressures and policy hold – UOB

Price pressures and policy hold – UOB

UOB economists Julia Goh and Loke Siew Ting note Malaysia’s May headline inflation rose to 2.0% year-on-year, the highest since July 2024, driven by Food, Housing, Utilities and Transport. Year-to-date inflation of 1.7% supports their full-year 2.0% forecast. They highlight supply-side shocks from the Middle East conflict and El Niño, but expect Bank Negara Malaysia […]

Policy divergence supports against US Dollar – Rabobank

Policy divergence supports against US Dollar – Rabobank

Rabobank’s Senior Macro Strategist Teeuwe Mevissen notes that divergence between the Federal Reserve (Fed) and European Central Bank (ECB) is becoming more important for EUR/USD. The Fed has dropped its easing bias and kept rates at 3.50–3.75%, while the ECB has resumed tightening with a 25 bp hike. Mevissen argues these relative rate dynamics could […]

Euro slips against British Pound after UK Prime Minister Starmer steps down

Euro slips against British Pound after UK Prime Minister Starmer steps down

EUR/GBP comes under pressure on Monday as markets react positively to UK Prime Minister Keir Starmer’s resignation, with the British Pound (GBP) outperforming most of its major peers. At the time of writing, the cross trades around 0.8659, retreating from a one-month high of 0.8689 touched earlier in the day. Speaking outside 10 Downing Street, […]