US Treasury yields drop on soft NFP, Hormuz hopes ease Fed risks

US Treasury yields drop on soft NFP, Hormuz hopes ease Fed risks

US Treasury yields drop across the curve on Friday amid growing speculation that the Iran-Oman deal is about to be sealed, which has so far pushed energy prices lower, while investors also digest a weak Nonfarm Payrolls report in the US. Yields slide across the curve as Oil declines, payrolls disappoint and traders price out […]

US inflation takes center stage next week

US Treasury yields drop on soft NFP, Hormuz hopes ease Fed risks

The US Dollar Index (DXY) fell below the 100.00 region after sinking through Friday’s session. July Nonfarm Payrolls (NFP) showed the US economy shedding 23K jobs against forecasts of an 80K gain, with June revised down to 20K, and Average Hourly Earnings slowing to 3.2% on the year. Markets that had spent late July pricing […]

BSP policy outlook shifts – Standard Chartered

BSP policy outlook shifts – Standard Chartered

Standard Chartered’s Jonathan Koh and Edward Lee now expect Bangko Sentral ng Pilipinas (BSP) to keep its policy rate unchanged at the 27 August meeting, abandoning a previously projected hike. The bank trims its 2026 Gross Domestic Product (GDP) growth forecast to 3.5% and lowers Consumer Price Index (CPI) expectations, while still projecting rate cuts […]