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According to a Reuters poll, the European Central Bank (ECB) will hike its deposit rates by 25 basis points (bps) to 2.50% in September, said 57 of 69 economists.
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The rupee closed down 0.1% at 95.44 per dollar, with 1-month implied volatility dropping to 4.2%, its lowest since early March
AUD/USD trades around 0.7055 on Thursday at the time of writing, little changed on the day.
Europe · Inflation Key Facts German gap Germany’s July 2026 headline inflation hit 2.8%, while core inflation fell to 2.4% from 2.5% in June.
Europe · Inflation Key Facts Price spike German fuel prices rose 11.2% month-on-month in July 2026, with diesel up 12.6% and gasoline up 11.0%.
Analysts say a focus on the artificial-intelligence ‘supercycle’ could pressure gross margins.