Daily Market Insight

• US-Iran tensions remain elevated as deal prospects fade • US economic data remain resilient • Daly cautious, Musalem maintains hawkish stance • Japan inflation picks up, bolstering BoJ hike case • PBOC leaves loan prime rates unchanged in August • Dollar edges higher but lags rebound in US yields

• Treasury expands long-end buybacks to ease yield pressure • Fed keeps higher rates on the table if inflation persists • Oil edges higher as markets await new strait of Hormuz passage plan • UK inflation climbs to four-month high as energy bills rise • Dollar weakens as Treasury buybacks push long-end yields lower

• Oil edges higher as middle east tensions remain elevated • Mixed US data signal moderating economic momentum • US-Canada trade talks remain unresolved ahead of tariff deadline • UK labour market loses more momentum in second quarter • Thai bank lending expands, but SME loans remain weak • Dollar holds firm amid elevated US yields

• Oil rises as US-Iran tensions remain elevated • Former official calls for faster BOJ tightening • China’s growth momentum weakens in July • China’s property downturn persists • Thailand’s GDP slows in Q2, but 2026 outlook improves • Dollar range-bound amid thin trade and rising oil prices

• US retail sales slump, signaling softer Q3 consumption • Oil gains as US–Iran tensions remain elevated • Eurozone Q2 GDP growth confirmed at 0.4% in second estimate • Japan’s Q2 growth slows more than expected • US flags Thailand’s deep links to Chinese supply chains • Dollar retreats as markets continue to favour a Fed hold

• Cooling PPI boosts September Fed hold bets • Oil markets await clearer middle east direction • Fed officials offer mixed policy signals • Japan government backs near-term BOJ hike • UK economy shows resilience despite Q2 slowdown • Dollar steady despite softer PPI and lower yields

• US July CPI meets expectations, boosting September Fed hold bets • Oil holds steady as US-Iran diplomacy remains in focus • Japan producer prices stay elevated, keeping BoJ hike bets alive • PBoC signals continued monetary support for growth • Dollar recovers despite lower Fed hike bets

• Oil rises on US-Iran tensions and Hormuz uncertainty • Fed’s Hammack maintains hawkish stance, sees need for more hikes • Eurozone investor sentiment turns positive, hits six-month high • BoJ sees rising inflation risks from weak yen, oil and AI demand • Prabowo nominates Destry Damayanti as BI Governor • Dollar edges higher as markets await US CPI

• US labour market softens with NFP falling below expectations • US-Iran tensions persist as Hormuz deal remains uncertain • US senate passes short-term funding bill, easing shutdown risk • China trade balance grows more than expected in July on exports boost • Dollar softens as weak NFP tempers Fed hike expectations

• Middle east tensions escalate on Houthi attacks and Hormuz proposal • US labour data remains resilient but has little market impact • Warsh stays data-dependent, keeps hike option alive • Eurozone retail sales disappoint, highlighting fragile consumer demand • Japan June household spending falls unexpectedly • Dollar extends gains as yields rise and Fed hike bets persist