Institutional
Hedging, Institutional, Market Analysis, Technical Analysis
UK Economic Outlook: Payroll Growth Recovers as Unemployment Falls to 4.7%, but Wage Inflation and Consumer Demand Remain in Focus
The UK economy is showing signs of short-term labour-market resilience, with payrolled employment increasing by 13,000 in September 2026 and unemployment falling to 4.7% in the three months to August. However, the improvement in monthly hiring contrasts with a 0.2% annual decline in payroll employment, highlighting the uncertainty surrounding the strength of the economic recovery. […]
by Currency Hedger
- 0 Comments
- 5 days ago
Institutional, RBC
Canada: Energy-driven resilience with limited core pass-through – RBC
Royal Bank of Canada (RBC) strategis Claire Fan and Abbey Xu expect Canada’s headline Consumer Price Index to remain at 3% year-over-year in September, supported by higher gasoline and furnace Oil prices. They see moderating food inflation and a dip in core CPI to 1.8%, with diffusion indices suggesting inflation pressures remain relatively narrow despite […]
by Currency Hedger
- 0 Comments
- 1 week ago
Institutional, OCBC
Taiwan Dollar: Foreign outflows pressure currency – OCBC
OCBC strategists Sim Moh Siong and Christopher Wong highlight that Taiwan Dollar (TWD) has extended losses on heavy foreign equity outflows, partly retracing into the Asian close amid talk of CBC leaning against depreciation. They stay somewhat cautious, suggesting any sustained TWD recovery will require improved underlying flows, with CBC smoothing only likely to contain […]
by Currency Hedger
- 0 Comments
- 1 week ago
Institutional, Standard Chartered
Bank of Korea: Policy patience case – Standard Chartered
Standard Chartered’s Chong Hoon Park expects the Bank of Korea to keep its base rate at 3.00% through October and November, despite a less favourable inflation-growth mix. The report highlights sticky underlying inflation, strong AI- and semiconductor-led growth, and tighter financial conditions after a sharp KOSPI correction. The authors still project two 25bps hikes in […]
by Currency Hedger
- 0 Comments
- 1 week ago
Institutional, RBC
Bank of Canada: Inflation-growth tradeoff keeps policy on hold – RBC
Royal Bank of Canada economists Claire Fan and Abbey Xu assess upcoming Canadian inflation data and the Bank of Canada’s Q3 Business Outlook Survey ahead of the Oct. 28 policy decision. They highlight persistent energy-driven inflation versus a still-soft economy, and expect this contentious balance of risks to keep the Bank of Canada on hold […]
by Currency Hedger
- 0 Comments
- 1 week ago
Institutional
Fed: Higher yields keep tightening path intact – Nordea
Nordea’s research team keeps its Federal Reserve outlook unchanged, expecting one more rate hike this year and another in 2027 as US inflation remains above the 2% target and growth stays strong. The bank argues that elevated long-term Treasury yields mainly reflect robust nominal GDP growth and heavy capital demand, and do not yet look […]
by Currency Hedger
- 0 Comments
- 1 week ago
Hedging, Institutional, Market Analysis, Technical Analysis, Uncategorized
Global Markets Outlook: Week Ahead — October 19, 2026, as Inflation, Geopolitics and Big Tech Earnings Drive Volatility
Global markets enter the week of October 19 facing a combination of geopolitical uncertainty, tighter oil supply, rising inflation pressures and a busy economic calendar. Developments in Ukraine and the Middle East remain key risks for energy prices and investor sentiment, while corporate earnings from major technology and industrial companies will provide fresh evidence about […]
by Currency Hedger
- 0 Comments
- 1 week ago
Institutional, MUFG
British Pound: Resilient but BoE pricing stretched – MUFG
MUFG’s Derek Halpenny highlights the Pound’s resilience, with data-supported expectations of Bank of England tightening keeping GBP steady versus the US Dollar since June. However, rising consumer credit, increasing defaults, survey evidence of household vulnerability, and excessive OIS pricing for 100bps of hikes by next September leave the Pound exposed if UK rates reprice lower. […]
by Currency Hedger
- 0 Comments
- 1 week ago
CommerzBank, Institutional
New Zealand Dollar: Inflation and weak demand challenge RBNZ – Commerzbank
Commerzbank’s Volkmar Baur describes a double bind for the New Zealand Dollar as rising monthly price indices signal higher CPI, while electronic card data show stagnating retail spending and likely negative real consumption. With markets pricing an 80% chance of a Reserve Bank of New Zealand rate hike in two weeks, he remains cautious and […]
by Currency Hedger
- 0 Comments
- 1 week ago
Institutional, OCBC
US Dollar: AI-driven vulnerabilities surface – OCBC
OCBC strategists Sim Moh Siong and Christopher Wong discuss how AI-linked investment has become a key pillar of US growth, equities, yields and Dollar strength. They warn that US-centric AI financing concerns can flip these supports, creating a risk-off environment with lower US Treasury yields and a softer USD, highlighting the Dollar’s growing exposure to […]
by Currency Hedger
- 0 Comments
- 1 week ago