US Dollar: Fed minutes flag supply-driven inflation risks – TD Securities

The post Confirmed: ECB Accounts reveal growing concerns over inflation risks appeared on BitcoinEthereumNews.com. The European Central Bank (ECB) released the accounts of its latest monetary policy meeting on Thursday, revealing growing concern among policymakers over persistent inflationary risks. The discussions show a consensus within the Governing Council that the risks surrounding the inflation outlook are skewed to the upside relative to the ECB staff’s baseline projections. The accounts indicate that headline inflation is expected to rise further over the summer and remain well above the 2% target through the first half of 2027. This outlook comes despite the projections already embedding almost three 25-basis-point interest rate hikes. Policymakers also noted that the outlook could prove even more challenging if energy prices do not decline in line with futures market expectations. Under that scenario, above-target inflation would likely become considerably more persistent. Th

AI-driven inflation could necessitate higher interest rates, impacting economic growth and potentially altering investment strategies. The post Federal Reserve Bank of New York president warns AI demand could drive inflation appeared first on Crypto Briefing.

The post Fed: Divergent inflation paths shape rate outlook – Societe Generale appeared on BitcoinEthereumNews.com. Societe Generale’s Jan Groen notes that the June Federal Open Market Committee (FOMC) minutes confirmed a hawkish hold, with the Summary of Economic Projections (SEP) showing an even split between members favoring unchanged or lower rates and those preferring hikes. The Fed sees inflation as too high and the labor market as durably stable, but is divided on how long elevated inflation will persist, which drives differing policy rate views. Committee split on inflation persistence “We had a hawkish hold at the June FOMC meeting with the June update of the SEP indicating an even split between Committee members that wanted to keep rates on hold or cut vs. members who wanted to raise rates.” “Today’s release of the minutes of that meeting did not contain any major surprises and it confirmed the hawkish undertone from the post-meeting communications.” “Where there was disagreem

The post New Zealand Dollar: Rate support constrained by Oil drag – OCBC appeared on BitcoinEthereumNews.com. Christopher Wong highlights that the New Zealand Dollar (NZD) has strengthened after a hawkish Reserve Bank of New Zealand (RBNZ) rate hike, but higher Oil prices are capping gains. With the RBNZ starting a tightening cycle and growth expected to rebound in 2H26, Wong sees AUD/NZD nearing a peak, though a sustained decline needs stronger New Zealand growth and a more favourable energy backdrop. Hawkish RBNZ meets energy headwinds “The NZD strengthened after a hawkish RBNZ rate hike, though gains were capped by renewed terms-of-trade headwinds from higher oil prices. The RBNZ raised the Official Cash Rate by 25bps to 2.50%, delivering its first hike since May 2023. Forward guidance was hawkish but data-dependent, with the central bank noting that further rate increases may be needed to return inflation to target.” “Domestic data point to a rebound in GDP growth in 2H26 as the dr

The post Pound Sterling Price News and Forecast: GBP hits fresh three-week highs past 1.3400 appeared on BitcoinEthereumNews.com. British Pound hits fresh three-week highs past 1.3400 as US Dollar pulls back  The British Pound (GBP) appreciates against the US Dollar (USD) for the second consecutive day on Thursday, to hit fresh three–week highs right above 1.3400. The Greenback’s pullback following the release of the Federal Reserve’s (Fed) minutes and rumours about the resumption of the US-Iran negotiations are keeping the pair buoyed. The US and Iran traded attacks for the second consecutive day on Thursday, but risk aversion remains contained so far, with markets hopeful that the negotiations will continue. US President Donald Trump affirmed earlier on Thursday that Tehran “wants to make a deal so badly,” which suggests that the peace talks might resume soon. Read more… GBP/USD Price Forecast: Holds a constructive bullish tone above 1.3400 as UK political risk eases The GBP/USD pair

Prolonged inflation control efforts may sustain pressure on risk assets, affecting investment strategies and economic growth projections. The post Federal Reserve’s Williams emphasizes restoring inflation to 2% target, signaling prolonged pressure on risk assets appeared first on Crypto Briefing.

The post Aluminium: Price outlook shifts lower as market rebalances – TD Securities appeared on BitcoinEthereumNews.com. TD Securities strategists have downgraded its Aluminium price outlook as supply recovers and demand softens. They now expect Aluminium to average $3,378/t in 2026 and $3,281/t in 2027, projecting smaller deficits and a move toward market balance while still ruling out a major rout. Prices seen lower but supported “Speedier Middle East smelter ramp-ups, increased Indonesian supply, robust Chinese semi-fabricated exports, and weaker demand have prompted TD Commodity Strategy to downgrade our aluminium price outlook. As the market moves closer to supply-demand balance next year, we expect prices to average $3,378/t in 2026 and $3,281/t in 2027, down 5.0% and 9.8% from the previous forecast.” “We now project deficits of 1.2 million tonnes and 234 thousand tonnes in 2026 and 2027, respectively. This stands in sharp contrast to the earlier consensus view of a 2.5-3.0 milli

The escalating US-Iran conflict could destabilize global markets, complicate sanctions enforcement, and intensify crypto's geopolitical role. The post US-Iran conflict escalates with strikes and drone attacks in Persian Gulf, rattling oil and crypto markets appeared first on Crypto Briefing.