Higher rates and chip boom support gains – ING
ING’s Chris Turner reports that the Korean Won (KRW) continues to advance, driven by back-to-back Bank of Korea (BoK) rate hikes to 3.00% and a Dot Plot pointing to 3.25% in six months. Upgraded Gross Domestic Product (GDP) forecasts linked to a chip export boom underpin the currency, though authorities may worry about KRW/JPY highs […]
LESS THAN 48 HOURS TO GO: Get InvestingPro for 55% off BEFORE THE SALE ENDS
LESS THAN 48 HOURS TO GO: Get InvestingPro for 55% off BEFORE THE SALE ENDS Source link
Gold Price Forecast: XAU/USD Rejection at Key 1.00 Arc Level Signals Potential Pullback – CryptoRank
Gold Price Forecast: XAU/USD Rejection at Key 1.00 Arc Level Signals Potential Pullback CryptoRank Source link
BSP tightening bias on inflation risks – DBS
DBS Group Research economists Radhika Rao and Chua Han Teng note that Bangko Sentral ng Pilipinas (BSP) raised its policy rate by 25 bps to 5.0% to anchor inflation expectations and support the Peso. Philippine Peso (PHP) is the only ASEAN-6 currency weaker in 3Q26 versus the Dollar, and DBS flags above-target inflation as leaving […]
OpenAI to cut off AI models for SpaceX-owned Cursor, escalating feud with Musk
OpenAI to cut off AI models for SpaceX-owned Cursor, escalating feud with Musk Source link
Gold Price Forecast: Ahead of Warsh's Jackson Hole Speech, Is Gold's Next Target $4,500 or $4,700? – TradingKey
Gold Price Forecast: Ahead of Warsh’s Jackson Hole Speech, Is Gold’s Next Target $4,500 or $4,700? TradingKey Source link
Exports and consumption stay robust – DBS
DBS Group strategists Taimur Baig and Nathan Chow forecast Vietnam’s goods exports to maintain strong double-digit growth at 27% year-on-year in August 2026, led by electronics and supported by external demand. Retail sales and tourism-related spending are seen as resilient, while headline inflation is expected to hold at 4.4%, below May’s peak but still elevated […]
Trump vows legal order to break up ’nasty monopoly’ in food processing
Trump vows legal order to break up ’nasty monopoly’ in food processing Source link
Gold Price Holds Above $4,600 As Bullish Bias Prevails: What’s Driving XAU/USD? – Bitcoin World
Gold Price Holds Above $4,600 As Bullish Bias Prevails: What’s Driving XAU/USD? Bitcoin World Source link
BoK tightening supports KRW against US Dollar – Commerzbank
Commerzbank’s Charlie Lay reports that the Bank of Korea (BoK) delivered a second consecutive 25 bp hike to 3.0% and kept a tightening bias, supporting KRW after its sharp appreciation since June. The bank expects a near-term pause but sees scope for another hike to 3.25% if growth and core inflation stay firm, with USD/KRW […]
