China New Loans registered at 50B, below expectations (300B) in July

Aug 13, 2025

TRY: Discouraging picture from June's balance of payments data – Commerzbank

Turkey's current account significantly deteriorated in June, registering a deficit of $2.0 billion (versus a $680mn deficit recorded a month ago, and surplus recorded a year ago); the print exceeded analyst expectations of $1.3bn deficit.

NZD/USD might reach 0.6000 in the sort run – UOB Group

Upward momentum is building, but not significantly; New Zealand Dollar (NZD) could edge higher, but it is currently unclear if it can reach 0.6000, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.