Federal Reserve seen holding rates next week amid Oil shock ‒ Reuters

Federal Reserve seen holding rates next week amid Oil shock ‒ Reuters

A Reuters poll revealed that the Federal Reserve is most likely to keep interest rates unchanged for the rest of the year as it battles stubbornly high inflation that has remained above the Fed’s 2% goal for at least 5 years. Money markets are pricing in two rate hikes by the end of Q1 2027, […]

Reform-driven support for won – Commerzbank

Reform-driven support for won – Commerzbank

Commerzbank’s Dr. Henry Hao and Moses Lim highlight that the South Korean government has unveiled a major South Korean Won (KRW) internationalisation roadmap, including unlimited KRW transactions with foreign institutions from January 2027 and broader access to onshore markets. They argue these reforms should lower the risk premium, deepen offshore liquidity and improve foreign access, […]

Range-bound against US Dollar ahead of ECB – Scotiabank

Range-bound against US Dollar ahead of ECB – Scotiabank

Scotiabank strategists Shaun Osborne and Eric Theoret highlight the Euro (EUR) trading quietly against the US Dollar (USD) in a tight low-1.14 range, with limited reaction to stronger ZEW sentiment data. Short-term rates have stabilized after a hawkish repricing, supporting EUR via yield spreads. Markets expect little change from the July European Central Bank (ECB) […]