Singapore Foreign Reserves (MoM) declined to 426.2B in June from previous 430.1B

Jul 7, 2026

Hungarian Forint: Dovish inflation path supports more cuts – ING

Frantisek Taborsky at ING highlights Hungarian inflation falling to 1.7%, below market and National Bank of Hungary (NBH) forecasts, cementing rate cuts in July and August. Markets price around 150bp of easing and a 4.50% terminal rate, with scope for additional cuts.

China turns out Gold buyer again

According to data from the People's Bank of China (PBoC), world’s second-largest economy China increases its Gold reserves again.