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Iraqi Kurdistan's interior minister said the region has never allowed its territory to be used to attack neighboring countries.
2026-07-29
Iraqi Kurdistan's interior minister said the region has never allowed its territory to be used to attack neighboring countries.
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2026-07-28
ING analyst Chris Turner says that if the Swiss National Bank (SNB) maintains zero rates this year, the Swiss franc could weaken further. Rising oil prices are lifting global interest rates while Switzerland’s low-rate environment makes the franc a l
ING analyst Chris Turner says that if the Swiss National Bank (SNB) maintains zero rates this year, the Swiss franc could weaken further. Rising oil prices are lifting global interest rates while Switzerland’s low-rate environment makes the franc a likely funding currency for carry trades. Turner adds that if the Federal Reserve hikes on Wednesday, USD/CHF could trade up to 0.85 in August.
2026-07-28
The Bank of Japan is expected to hold policy this week to assess the impact of its June raising move rates to a 31-year high. Markets will watch updated economic and inflation forecasts for clues on timing and pace of further tightening. The BOJ is f
The Bank of Japan is expected to hold policy this week to assess the impact of its June raising move rates to a 31-year high. Markets will watch updated economic and inflation forecasts for clues on timing and pace of further tightening. The BOJ is forecast to leave the policy rate at 1% when it ends a two-day meeting on Friday. In June the bank cited oil-driven upside risks to inflation relative to the 2% target; officials say they remain committed to further tightening and markets price at least one more hike by year‑end. Despite renewed oil gains from Middle East tensions, policymakers judge the risk of a sharp economic downturn in Japan as low and expect the government to secure energy supplies via routes bypassing the Strait of Hormuz. A weak yen remains a key upward pressure on domestic prices and import costs. Barclays warns that a sharp yen fall that resists official FX intervention could force the BOJ to tighten as early as September.
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