Inflation week could rattle sterling, but will the data deliver?
The week opens with a light data calendar, but inflation figures from the UK and US will dominate attention. Weekend headlines suggest markets...
The week opens with a light data calendar, but inflation figures from the UK and US will dominate attention. Weekend headlines suggest markets remain largely indifferent to the US government shutdown, with greater concern centered on financial stability risks following renewed pressure on US regional banks.
Read moreThe week opens with a light data calendar, but inflation figures from the UK and US will dominate attention. Weekend headlines suggest markets...
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U.S. dollar holds firm as ADP jobs data disappoints, fueling Fed rate cut speculation. Sterling drops 1% amid UK political turmoil and rising gilt yields. Markets eye July 9 tariff deadline and upcoming NFP report.
The main event today will be the release of the May FOMC minutes at 2:00 p.m. ET. With most Federal Reserve officials aligned with a wait-and-see approach amid ongoing economic uncertainty, the minutes are expected to...
The U.S. dollar weakens against major currencies following hotter-than-expected U.K. inflation data and growing concerns over U.S. fiscal policy. Read the full market update and analysis.
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