Ziwox Global

📍 British Pound gathers strength above 1.3550 🇬🇧🇬🇧🇺🇸🇺🇸 📋 GBP/USD climbs to ~1.3555 in early European hours as softer US data weakens the USD. Markets pare back Fed rate-hike bets, boosting the Pound's traction against the Dollar. Watch for follow-through momentum and US data releases. #fed ➡️ @ziwoxglobal 🔗 ziwox.com 🖥 ️Terminal

📍 United States Dollar Index weakens to near 99.50 🇺🇸🇪🇺🇯🇵🇬🇧🇨🇦🇸🇪🇨🇭 📋 US Dollar Index (DXY) trades around 99.50 in Asian hours 📉 — momentum fades after US Retail Sales unexpectedly fell in July. Traders are dialing back expectations for near-term Fed rate hikes, weighing on the greenback 💵. 🔎 Key points: - DXY ~ 99.50 - Retail Sales: unexpected decline in July - Market pricing: reduced Fed rate-hike bets #fed ➡️ @ziwoxglobal 🔗 ziwox.com 🖥 ️Terminal

📰 Economic calendar analysis 🇯🇵🇯🇵🇯🇵🇯🇵 Japan ✅ Gross Domestic Product (Annualized) Impact level: Medium ▫️ Previous ---------- 1.8% ▫️ Forecast ---------- 2.0% ☑️ Actual -------------- 1.1% 📝 GDP annualized measures the quarterly change in the value of all final goods and services produced in the economy, expressed as an annual rate. It’s a broad gauge of economic growth and influences monetary policy expectations, currency strength, and investor sentiment. 📋 Analysis: Actual growth at 1.1% missed the 2.0% forecast and slowed from 1.8%. This softer print suggests weaker domestic demand and could temper BOJ tightening expectations, putting short-term downside pressure on the JPY. Watch for follow-up data (capex, consumption) and FX flows; a sustained pattern of downside surprises would favor risk-on assets and weigh on the yen, while a quick rebound in activity could limit losses. ➡️ @ziwoxglobal 🔗ziwox.com 🖥️Terminal

📍 Israel resumes strikes on Lebanon as US readies new Iran sanctions 🇮🇱🇱🇧🇺🇸🇮🇷 📋 Reuters: Israel has stepped up air raids on Lebanon in recent days after scaling back operations earlier this month. The escalation comes as the US prepares a fresh round of sanctions targeting Iran, raising regional tensions and market risk sentiment. #MiddleEast #Geopolitics ➡️ @ziwoxglobal 🔗 ziwox.com 🖥 ️Terminal

📍 Chinese Yuan: Steady appreciation backed by PBoC stance 🇨🇳🇺🇸 📋 Societe Generale notes the CNY remains firm — trading at 6.7424, its strongest since Feb 2023 — driven by a weaker Dollar and softer US yields. Strengthening trend underpinned by PBoC stance and market flows. #PBOC #CNY #FX 📈 ➡️ @ziwoxglobal 🔗 ziwox.com 🖥 ️Terminal

📍 Forecasting the upcoming week: FOMC Minutes take center stage 🇺🇸🇺🇸🇺🇸 📋 DXY slid further on Friday, staying below 100.00 at fresh lows after a fourth straight soft US data print. All eyes shift to next week’s FOMC Minutes — expect volatility as markets parse signals on policy and growth. 🔎 Key: soft data → dollar weakness, FOMC Minutes → potential market move. #fed ➡️ @ziwoxglobal 🔗 ziwox.com 🖥 ️Terminal

📍 Ethereum Price Forecast: Derivatives interest remains calm amid mixed sentiment 🟣🟣🟣 📋 Ethereum (ETH) derivatives interest has been ranging sideways over the past week after a mild flip in seller dominance. 🔎 Key takeaway: calm derivatives flow, slight seller tilt — market consolidation likely before next directional move. ⚖️ Sentiment: mixed — buyers and sellers in balance, low conviction. 🧭 Watchlist: volatility squeeze, funding rates, and open interest for breakout clues. #ethereum ➡️ @ziwoxglobal 🔗 ziwox.com 🖥 ️Terminal

📍 USD/CAD Price Forecast: Bears target the 200-day SMA 🇺🇸🇨🇦🇺🇸🇨🇦 📋 USD/CAD extends its decline below 1.4000 on Friday, heading for a third straight weekly loss. The pair trades around 1.3877, levels last seen in early July, as bears push toward the 200-day SMA. Watch for further downside momentum or a reversal near key moving averages. 📉 #USD #CAD #forex #fxnews ➡️ @ziwoxglobal 🔗 ziwox.com 🖥 ️Terminal

📍 Canada: Core softness guides BoC path 🇨🇦🇨🇦🇨🇦 📋 TD Securities (Robert Both) sees Canadian headline CPI climbing to 2.9% YoY in July, driven mainly by higher gasoline and food prices. Core inflation excluding food & energy is expected to remain muted — a signal that the Bank of Canada’s policy path could be influenced more by core softness than headline moves. 🟢 Key: headline up to 2.9% | core ex-food/energy subdued #boc #cad #inflation #forex ➡️ @ziwoxglobal 🔗 ziwox.com 🖥 ️Terminal

📍 US Dollar: Medium-term depreciation risks build – Nordea 🇺🇸🇺🇸🇺🇸 📋 Nordea strategists warn that while near-term risks for the US dollar are roughly balanced, the medium-term outlook is tilted negative. Expect growing downside pressures on the greenback as longer-term factors weigh in. 🔍 Key takeaway: short-term: balanced • medium-term: downside risk #forex #USD ➡️ @ziwoxglobal 🔗 ziwox.com 🖥 ️Terminal

📍 Canada: Solid growth with limited tariff drag – RBC 🇨🇦🇺🇸 📋 RBC economist Claire Fan says Canadian growth rebounded strongly in Q2, powered by resilient domestic demand and improving net trade. U.S. developments noted as a factor supporting trade dynamics, while tariff impacts remain limited so far. ✅ Key points: • Strong Q2 growth driven by domestic demand • Net trade improving • Tariff drag described as limited • U.S. conditions supportive to trade #boc ➡️ @ziwoxglobal 🔗 ziwox.com 🖥 ️Terminal

📍 Gold: Fed pause keeps systematic demand supported - TD Securities 🇺🇸🟡 📋 TD Securities’ Ryan McKay and Bart Melek say CTA net-long positioning in gold is becoming more entrenched as discretionary demand improves. A Fed pause is sustaining systematic buying, reinforcing bullish structure. #gold ➡️ @ziwoxglobal 🔗 ziwox.com 🖥 ️Terminal

📍 US Dollar: Lower short-term yields weigh on the Greenback – MUFG 🇺🇸🇺🇸🇺🇸 📋 MUFG’s Lee Hardman says the USD is on softer footing as market bets on Fed hikes ease after weaker jobs data and a mixed US PPI report. Lower short-term yields are damping the Greenback’s strength. #fed #usd ➡️ @ziwoxglobal 🔗 ziwox.com 🖥 ️Terminal

📍 Federal Reserve: Communication reset at Jackson Hole 🇺🇸🇺🇸🇺🇸 📋 TD Securities’ Oscar Munoz says Chair Kevin Warsh’s messaging has weakened market confidence in the Fed’s resolve to fight inflation. A communication reset at Jackson Hole is seen as needed to restore credibility. 🔎 Key: markets want clear, consistent signals — uncertainty = volatility. #fed #inflation #USD ➡️ @ziwoxglobal 🔗 ziwox.com 🖥 ️Terminal

📰 Economic calendar analysis 🇺🇸🇺🇸🇺🇸🇺🇸 United States ✅ Retail Sales (MoM) Impact level: High ▫️ Previous ---------- 0.2% ▫️ Forecast ---------- 0.1% ☑️ Actual -------------- -0.6% 📝 Retail Sales (MoM) measures the change in the total value of sales at the retail level compared with the previous month. It is a timely gauge of consumer spending, which typically drives a large share of US GDP and influences Fed policy expectations. 📋 The print of -0.6% vs a 0.1% forecast is a clear downside surprise, signaling weaker consumer spending momentum. Markets may view this as dovish for the USD and supportive for rate-cut expectations if the trend continues; watch consumption-sensitive sectors, real yields, and USD pairs for near-term downside pressure. ➡️ @ziwoxglobal 🔗ziwox.com 🖥️Terminal

📍 US Dollar: Mixed data and higher yields shape outlook 🇺🇸🇺🇸🇺🇸 📋 Danske Bank — July PPI a touch below forecasts. Volatile trade & transport services pulled the headline down, while broader services remained firm. Result: mixed inflation signals amid rising yields — a nuanced backdrop for the USD. 🔎 Key takeaway: softer headline PPI vs. resilient services → potential for market jitter as yields climb. #fed ➡️ @ziwoxglobal 🔗 ziwox.com 🖥 ️Terminal

📍 British Pound strengthens vs US Dollar 🇬🇧🇺🇸🇬🇧 📋 The GBP is trading +0.35% to around 1.3533 against the USD during the European session on Friday. Traders are pricing out hawkish Fed bets, supporting sterling gains. 📈 #fed #GBP #USD ➡️ @ziwoxglobal 🔗 ziwox.com 🖥 ️Terminal

📍 US Dollar Index: Range-bound Dollar as Fed odds ease 🇺🇸🇺🇸🇺🇸 📋 Brown Brothers Harriman’s Elias Haddad says the DXY is trading near the lower end of its recent 99.50–100.00 band. Cooler US CPI and PPI prints have trimmed the implied probability of a September Fed rate hike, keeping the dollar stuck in a tight range for now. #fed ➡️ @ziwoxglobal 🔗 ziwox.com 🖥 ️Terminal

📍 #USD/CAD Posts fresh two-month low 🇺🇸🇨🇦 📋 USD/CAD trades ~1.3888, down 0.32%. The Canadian dollar outperforms most peers as markets price in hopes of a US‑Canada interim deal, pushing the pair below the 1.3900 mark — a fresh two-month low. 🔻 Key: Stronger CAD on deal optimism | USD softening vs CAD #forex #usd #cad ➡️ @ziwoxglobal 🔗 ziwox.com 🖥 ️Terminal

📍 UoM Consumer Sentiment Index to Ease as Inflation & Labour Worries Loom 🇺🇸🇺🇸🇺🇸 📋 The University of Michigan releases the preliminary estimate of August’s Consumer Sentiment Index on Friday. Markets will watch for signs that inflation concerns and labour market uncertainty are weighing on household confidence. 🔔 Key focus: consumer confidence, inflation impact, job market risks — potential market reaction for USD-sensitive assets. #usd #economy ➡️ @ziwoxglobal 🔗 ziwox.com 🖥 ️Terminal