FX Snapshot - Fitch Ratings Cut Not Fatal, but Not Good for the USD
Fitch’s announcement late yesterday that it was cutting the US sovereign credit rating by one notch to AA+ caught the market by surprise.
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BRI Danareksa Debt Research Monthly Report, Jul 2023
The IMF has revised up its 2023 global economic growth forecast despite noting continued challenges. The US economy grew faster than expected in...
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FX Daily - Risk Off Mood Lifts USD
Market Update —The USD is trading firmer overall. Softer equity markets are casting a broadly risk -averse look to FX markets, although bonds have...
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FX Daily -USD Mixed into Month-End, Eyes on NFP
The USD is mixed to slightly lower in quiet trade overnight. Stocks are trading in the green, mostly, while bond markets are weaker (rising yields...
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Euro-area flash inflation: Higher service inflation
Euro-area flash inflation continued to ease in July to 5.3% y/y in line with BBG consensus, down from 5.5% y/y in June. Core inflation remained...
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