Core CPI momentum seen returning in July – TD Securities

Core CPI momentum seen returning in July – TD Securities

TD Securities economists expect United States (US) July Core Consumer Price Index (CPI) to return to trend after June’s one-off weakness. They forecast Core CPI at 0.20% m/m and 2.4% y/y, with Headline CPI at 0.15% m/m and 3.4% y/y, and see upside risks if June’s soft categories bounce more strongly. July CPI expected to […]

Policy shifts weigh on JPY against US Dollar – Rabobank

Policy shifts weigh on JPY against US Dollar – Rabobank

Rabobank’s Senior Macro Strategist Bas van Geffen discusses renewed Japanese Yen (JPY) weakness following recent joint US-Japan FX intervention that briefly pushed USD/JPY below 156. He highlights Japan’s planned food sales tax cut and household handouts, noting funding uncertainties and criticism from markets and politicians. He stresses that these measures do not structurally improve Japan’s […]

XAG/USD hesitates at $62.00 after a two-day rally

XAG/USD hesitates at .00 after a two-day rally

Silver (XAG/USD) consolidates gains in the $61.70 area after being rejected ahead of $63.00. The pair is trimming gains on Thursday, after following a nearly 7% rally over the last two days, but downside attempts remain limited so far, as lower Oil prices and a weak US Dollar keep providing support. US macroeconomic data released […]