{"id":82823,"date":"2026-08-07T17:59:27","date_gmt":"2026-08-07T07:59:27","guid":{"rendered":"https:\/\/www.icmarkets.com.au\/blog\/?p=82823"},"modified":"2026-08-07T17:59:29","modified_gmt":"2026-08-07T07:59:29","slug":"ic-markets-europe-fundamental-forecast-07-august-2026","status":"publish","type":"post","link":"https:\/\/www.icmarkets.com.au\/blog\/ic-markets-europe-fundamental-forecast-07-august-2026\/","title":{"rendered":"IC Markets &#8211; Europe Fundamental Forecast | 07 August 2026"},"content":{"rendered":"\n<p><strong>IC Markets &#8211; Europe Fundamental Forecast | 07 August 2026<br \/><\/strong><\/p>\n\n\n\n<p><strong>What happened in the Asia session?<\/strong><strong><br \/><\/strong><strong><br \/><\/strong>During today&#8217;s Asia session, markets traded cautiously ahead of the highly anticipated U.S. Non-Farm Payrolls report. The dominant themes were renewed geopolitical risks in the Middle East, which pushed oil prices higher, and a stronger U.S. dollar supported by rising Treasury yields and expectations that the Federal Reserve could keep policy restrictive if labor market data remains resilient. Chinese equities outperformed on encouraging export sentiment, while Japanese and South Korean stocks weakened amid risk-off positioning.<br \/><br \/><strong>What does it mean for the Europe &amp; US sessions?<\/strong><strong><br \/><\/strong><br \/>The European session is beginning with a cautious tone as traders position themselves ahead of today&#8217;s highly anticipated U.S. Non-Farm Payrolls report. The employment data is expected to be the primary catalyst for financial markets, shaping expectations for Federal Reserve policy and driving volatility across the U.S. dollar, gold, equities, and Treasury yields. Meanwhile, oil prices remain supported by Middle East geopolitical tensions, while gold continues to attract safe-haven demand. With multiple macroeconomic and geopolitical factors converging, traders should be prepared for heightened volatility throughout both the European and U.S. sessions.\u200b<br \/><br \/><strong>The Dollar Index (DXY)<\/strong><\/p>\n\n\n\n<p><strong>Key news events today<\/strong><\/p>\n\n\n\n<p>Non-Farm Employment Change (12:30 pm GMT)<\/p>\n\n\n\n<p>Average Hourly Earnings m\/m (12:30 pm GMT)<\/p>\n\n\n\n<p>Non-Farm Employment Change (12:30 pm GMT)<\/p>\n\n\n\n<p>Unemployment Rate (12:30 pm GMT<br \/><br \/><strong>What can we expect from DXY today?<\/strong><\/p>\n\n\n\n<p>The U.S. dollar enters Friday&#8217;s session on a cautious but constructive footing as traders await the July Non-Farm Payrolls report, which is expected to be the week&#8217;s biggest market catalyst. A stronger-than-forecast employment report would likely boost Treasury yields, strengthen the dollar, and reinforce expectations for another Fed rate hike. Conversely, weaker labor market data could weigh on the greenback by reducing tightening expectations. Alongside today&#8217;s employment figures, ongoing geopolitical tensions and higher oil prices continue to provide underlying support for the USD, making today&#8217;s U.S. session one of the most important of the month for currency markets.<br \/><br \/><em>Central Bank Notes:<\/em><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The Federal Open Market Committee (FOMC) kept the federal funds rate unchanged at 3.50%\u20133.75% at its July 28\u201329, 2026, meeting, marking the fifth consecutive meeting without a policy change. The Committee voted 9\u20133 to maintain rates, with three members dissenting in favor of a 25-basis-point rate hike, highlighting growing concern among some policymakers that inflation remains too high.<\/li>\n\n\n\n<li>The Committee reaffirmed its dual mandate of maximum employment and price stability. Officials noted that the labor market remains resilient, with job gains broadly keeping pace with labor force growth and the unemployment rate remaining relatively stable. The FOMC continues to view employment conditions as consistent with a healthy economy while remaining vigilant for signs of labor market weakening.<\/li>\n\n\n\n<li>Inflation remains the Committee&#8217;s primary concern. While some recent inflation data have shown moderation, overall price pressures remain above the Fed&#8217;s 2% target. Policymakers emphasized that elevated inflation continues to be driven in part by higher energy prices and persistent supply-side pressures, leading the Committee to maintain a restrictive monetary policy stance.<\/li>\n\n\n\n<li>Economic activity continues to expand at a solid pace despite elevated uncertainty. Strong productivity growth, business investment, and continued spending related to artificial intelligence remain supportive of economic growth. However, the FOMC acknowledged that geopolitical tensions, particularly developments affecting global energy markets, continue to pose risks to both inflation and the broader economic outlook.<\/li>\n\n\n\n<li>The July meeting highlighted increasing divisions within the Committee. Three policymakers\u2014Beth Hammack, Neel Kashkari, and Lorie Logan\u2014voted against the majority, preferring an immediate rate increase. This unusually large number of dissents reflects growing concern among some officials that inflation could remain persistent and may require additional policy tightening if progress stalls.<\/li>\n\n\n\n<li>Chair Kevin Warsh reiterated that future policy decisions will remain strictly data-dependent. He avoided providing explicit forward guidance, emphasizing that upcoming decisions will depend on incoming inflation, employment, and growth data. Warsh also stressed that the Committee remains fully committed to returning inflation to its 2% objective and is prepared to act if inflationary pressures intensify.<\/li>\n\n\n\n<li>The FOMC continues its balance sheet normalization program without changes. The Federal Reserve will maintain Treasury runoff caps at $5 billion per month and agency mortgage-backed securities (MBS) runoff caps at $35 billion per month, while continuing to ensure ample reserves remain available within the banking system.<\/li>\n\n\n\n<li>The next meeting is scheduled for 15 to 16\u00a0 September 2026.<\/li>\n<\/ul>\n\n\n\n<p><strong>Next 24 Hours Bias<\/strong><br \/>Medium Bullish<\/p>\n\n\n\n<p><strong>Gold (XAU)<\/strong><strong><br \/><\/strong><strong><br \/><\/strong><strong>Key news events today<\/strong><strong><br \/><\/strong><strong><br \/><\/strong>Non-Farm Employment Change (12:30 pm GMT)<\/p>\n\n\n\n<p>Average Hourly Earnings m\/m (12:30 pm GMT)<\/p>\n\n\n\n<p>Non-Farm Employment Change (12:30 pm GMT)<\/p>\n\n\n\n<p>Unemployment Rate (12:30 pm GMT<br \/><br \/><strong>What can we expect from Gold today?<\/strong><strong><br \/><\/strong><strong><br \/><\/strong>Gold is trading with a slightly bullish bias on Friday as investors seek safety amid ongoing geopolitical uncertainty and position themselves ahead of the highly anticipated U.S. Non-Farm Payrolls report. While safe-haven demand has supported prices and lifted gold toward multi-week highs, gains remain capped by a firmer U.S. dollar and higher Treasury yields. The NFP report will likely be the key catalyst for today&#8217;s trading: weaker employment data could boost gold by strengthening expectations for a more dovish Federal Reserve, whereas stronger-than-expected data may reinforce the dollar and weigh on the precious metal.<br \/><br \/><strong>Next 24 Hours Bias&nbsp; &nbsp; <\/strong><strong><br \/><\/strong>Medium Bearish<\/p>\n\n\n\n<p><strong>The Euro (EUR)<\/strong><\/p>\n\n\n\n<p><strong>Key news events today<\/strong><\/p>\n\n\n\n<p>No major news event<\/p>\n\n\n\n<p><strong>What can we expect from EUR toda<\/strong>y?<br \/><br \/>The euro is trading in a market dominated by geopolitical and central bank developments rather than domestic economic surprises. Today&#8217;s revelation that the United States sold euros to help stabilize the Japanese yen without prior ECB consultation has injected fresh uncertainty into currency markets and could lead to higher short-term volatility in EUR pairs. At the same time, the broader eurozone outlook remains relatively stable, supported by resilient business investment despite slower growth and persistent inflation. Traders should continue to monitor ECB commentary, inflation expectations, and global risk sentiment, as these are likely to remain the primary drivers of the euro heading into next week&#8217;s trading sessions.<\/p>\n\n\n\n<p><br \/><em>Central Bank Notes:<\/em><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The Governing Council kept all three key interest rates unchanged at its 22\u201323 July meeting, maintaining the deposit facility at 2.25%, the main refinancing operations rate at 2.40%, and the marginal lending facility at 2.65%. The ECB reiterated that monetary policy will remain meeting-by-meeting and data-dependent, with no pre-commitment to a future rate path.<\/li>\n\n\n\n<li>The euro area economy continues to expand at a modest pace, with growth expected to remain below trend but resilient. While domestic demand and the labor market continue to provide support, elevated uncertainty, higher energy prices, and weaker external demand are expected to limit the pace of expansion through the second half of 2026.<\/li>\n\n\n\n<li>Balance-sheet normalization continues as planned. The APP and PEPP portfolios continue to decline predictably as the Eurosystem no longer reinvests maturing securities. The ECB has indicated that liquidity conditions remain orderly and that it stands ready to preserve the smooth transmission of monetary policy if necessary.<\/li>\n\n\n\n<li>Inflation risks remain tilted to the upside. Renewed volatility in oil and natural gas prices following geopolitical tensions in the Middle East could keep headline inflation above the ECB&#8217;s 2% target for longer. Policymakers are closely monitoring the persistence of energy-driven inflation, wage developments, and any potential second-round effects.<\/li>\n\n\n\n<li>The ECB is expected to maintain a cautious policy stance into August. Future policy decisions will continue to depend on incoming inflation data, wage growth, underlying inflation measures, credit conditions, and the effectiveness of monetary policy transmission. While markets see the possibility of further tightening later in the year if inflation remains persistent, the ECB has not committed to additional rate increases.<\/li>\n\n\n\n<li>For the euro (EUR), the outlook remains balanced. Stable ECB policy provides support, but renewed energy-price shocks and global risk sentiment may generate two-way volatility. The euro could strengthen if euro-area inflation remains sticky or economic data outperform expectations, while weaker growth or a more hawkish Federal Reserve could weigh on the currency.<\/li>\n\n\n\n<li>Euro-area bond markets are expected to remain sensitive to inflation expectations and geopolitical developments. Front-end yields should remain relatively anchored while the ECB stays on hold, whereas longer-dated yields will continue to respond to energy-price developments, inflation expectations, and global risk sentiment.<\/li>\n<\/ul>\n\n\n\n<p>\u200bThe next meeting is on 9 to 10 September 2026<\/p>\n\n\n\n<p><strong>Next 24 Hours Bias<\/strong><br \/>Weak Bullish<\/p>\n\n\n\n<p><strong>The Swiss Franc (CHF)<\/strong><strong><br \/><\/strong><\/p>\n\n\n\n<p><strong>Key news events today<\/strong><\/p>\n\n\n\n<p>No major news event<\/p>\n\n\n\n<p><strong>What can we expect from CHF today?<\/strong><strong><br \/><\/strong><br \/>The Swiss franc is trading with a slightly bearish bias on Friday as the U.S. dollar gains ahead of the highly anticipated U.S. Non-Farm Payrolls report. Although Switzerland continues to benefit from low inflation and its traditional safe-haven status, expectations that the SNB will keep interest rates unchanged and intervene if the franc appreciates too rapidly are limiting upside momentum. For traders, today&#8217;s direction in USD\/CHF will largely depend on the U.S. jobs data, with stronger payrolls likely supporting further dollar gains, while weaker figures could renew demand for the Swiss franc as a defensive asset.<br \/><br \/><em>Central Bank Notes:<\/em><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>At its monetary policy assessment on 18 June 2026, the Swiss National Bank left the SNB policy rate unchanged at 0.00%, in line with market expectations. Policymakers maintained that the current policy setting remains appropriate given low inflation and ongoing global economic uncertainty.<\/li>\n\n\n\n<li>Inflation remains exceptionally subdued in Switzerland. Recent data show consumer price growth staying comfortably within the SNB&#8217;s price stability range, with headline inflation around 0.6% year-on-year in May 2026, while underlying inflation pressures remain limited despite higher global energy prices.<\/li>\n\n\n\n<li>The SNB continues to view medium-term inflation pressures as largely unchanged. While energy prices linked to Middle East tensions have temporarily lifted near-term inflation expectations, the stronger Swiss franc has helped offset imported inflation, supporting the central bank&#8217;s decision to maintain rates at current levels.<\/li>\n\n\n\n<li>External risks remain elevated. Policymakers highlighted ongoing geopolitical tensions, trade uncertainties, and slower global growth prospects, particularly in key export markets such as the Eurozone and the United States. These factors continue to warrant a cautious policy approach.<\/li>\n\n\n\n<li>Swiss economic activity remains resilient but modest. GDP growth is expected to remain around 1\u20131.5% in 2026, supported by domestic demand, although manufacturing and export-oriented sectors continue to face challenges from a strong franc and softer foreign demand.<\/li>\n\n\n\n<li>The SNB reiterated its readiness to act if necessary. The Governing Board emphasized that it remains willing to intervene in foreign exchange markets to counter excessive Swiss franc appreciation and stands prepared to adjust policy should inflation or economic conditions deviate materially from expectations.<\/li>\n<\/ul>\n\n\n\n<p><br \/>The next meeting is on 24 September 2026.<\/p>\n\n\n\n<p><strong>Next 24 Hours Bias<\/strong><br \/>Medium Bearish<\/p>\n\n\n\n<p><strong>The Pound (GBP)<\/strong><strong><br \/><\/strong><strong><br \/><\/strong><strong>Key news events today<\/strong><\/p>\n\n\n\n<p>No major news event<\/p>\n\n\n\n<p><strong>What can we expect from GBP today?<\/strong><strong><br \/><\/strong><strong><br \/><\/strong>The British pound enters Friday&#8217;s trading session on a cautious footing as traders balance the Bank of England&#8217;s relatively hawkish stance against growing demand for the U.S. dollar amid geopolitical uncertainty and shifting bond yields. Although recent UK services data points to improving business activity and confidence, broader economic momentum remains uneven due to continued weakness in construction. With no major domestic data releases today, Sterling is expected to take its direction from the U.S. Non-Farm Payrolls report, making GBP pairs particularly sensitive to any surprises in the U.S. labor market.<\/p>\n\n\n\n<p><em>Central Bank Notes:<\/em><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The Bank of England\u2019s Monetary Policy Committee (MPC) met on 29\u201330 July 2026, with the decision and updated Monetary Policy Report scheduled for publication on 30 July. The previous meeting in June resulted in a 7\u20132 vote to maintain the Bank Rate at 3.75%, with Megan Greene and Huw Pill voting for a 25-basis-point increase to 4.00%. The July meeting is particularly important because it includes a new Monetary Policy Report and updated economic projections.<\/li>\n\n\n\n<li>UK inflation has continued to move closer to the Bank\u2019s 2% target. CPI inflation fell to 2.6% in June 2026, from 2.8% in May, while core CPI remained at 2.6%. Services inflation also eased from 3.7% to 3.6%, suggesting that underlying domestic price pressures are gradually moderating. Nevertheless, services inflation remains above the 2% target and continues to be an important consideration for the MPC.<\/li>\n\n\n\n<li>The inflation outlook remains complicated by energy-market developments. The earlier Middle East energy shock pushed inflation higher and created uncertainty around the speed at which inflation would return sustainably to target. Although energy prices have fallen from their earlier peaks, they remain elevated relative to pre-conflict levels. The MPC therefore continues to monitor the potential for energy costs to feed into wages, services prices and inflation expectations.<\/li>\n\n\n\n<li>The UK economy remains relatively subdued, with weak demand and signs of cooling in the labour market weighing against the upside inflation risks. The combination of slower economic activity and easing inflation creates a difficult policy balance for the MPC: keeping rates restrictive for too long could weaken growth further, while easing policy prematurely could allow persistent domestic inflation pressures to return.<\/li>\n\n\n\n<li>Wage growth and services inflation remain key risks for monetary policy. Although headline CPI has fallen substantially from earlier 2026 levels, the MPC is likely to remain cautious until there is greater evidence that domestic inflation pressures are sustainably declining. The moderation in services inflation to 3.6% is encouraging, but it remains above levels consistent with the Bank\u2019s 2% inflation target.<\/li>\n\n\n\n<li>Quantitative tightening (QT) remains part of the Bank\u2019s broader monetary-policy framework. The MPC continues reducing the stock of UK government bonds held for monetary-policy purposes through its balance-sheet reduction programme. At the June meeting, the stock of government bonds held for monetary-policy purposes stood at approximately \u00a3522 billion.<\/li>\n\n\n\n<li>The policy outlook remains highly data-dependent. With inflation moving lower but services inflation and wage pressures still elevated, the MPC faces a delicate balance between maintaining sufficiently restrictive policy and avoiding unnecessary damage to economic growth. Market participants had previously placed substantial probability on the Bank Rate remaining at 3.75% through the July meeting, although expectations for later meetings showed greater uncertainty, including the possibility of rate increases if inflation proves persistent.<\/li>\n\n\n\n<li>The next meeting is on 17 September 2026.<br \/><br \/><strong>Next 24 Hours Bias<\/strong><strong><br \/><\/strong>Medium Bearish<\/li>\n<\/ul>\n\n\n\n<p><strong><br \/><\/strong><strong><br \/><\/strong><strong>The Canadian Dollar (CAD)<\/strong><strong><br \/><\/strong><strong><br \/><\/strong><strong>Key news events today<\/strong><strong><br \/><\/strong><strong><br \/><\/strong>Employment Change (12:30 pm GMT)<\/p>\n\n\n\n<p>Unemployment Rate (12:30 pm GMT)<\/p>\n\n\n\n<p>Ivey PMI (2:00 pm GMT)<\/p>\n\n\n\n<p><strong>What can we expect from CAD today?<\/strong><\/p>\n\n\n\n<p>The Canadian dollar enters Friday on relatively solid footing after reaching its strongest level in several weeks, supported by improving domestic economic fundamentals and a strong trade surplus. However, today&#8217;s Canadian and U.S. employment reports are expected to be the decisive driver for short-term price action. A robust Canadian jobs report could strengthen expectations that the Bank of Canada will maintain a cautious but constructive policy stance, potentially pushing the loonie higher. Conversely, weaker employment data could allow USD\/CAD to rebound as traders reassess the outlook for Canadian growth and interest rates.<br \/>\u200b<br \/>Central Bank Notes:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>At its 15 July 2026 meeting, the Governing Council maintained the overnight rate target at 2.25%, marking a sixth consecutive decision at this level and extending the policy pause that began in late 2025. The decision was in line with market expectations. It reflects the Council\u2019s view that the current stance remains appropriately restrictive to return inflation sustainably to the 2% target over the projection horizon while balancing two\u2011sided risks.<\/li>\n\n\n\n<li>External conditions remain challenging, with persistent geopolitical tensions in the Middle East and ongoing U.S. trade frictions continuing to weigh on global sentiment and supply chains. Council minutes and external commentary highlight that these risks are asymmetric, with the potential either to slow foreign demand or to heighten volatility in global energy and other commodity prices, warranting a nimble policy stance.<\/li>\n\n\n\n<li>Real GDP appears to have resumed growth in Q2 2026 after stalling earlier in the year, with the Bank and private forecasters now expecting output to expand at roughly a 2.3\u20132.5% annualized pace, slightly above the April baseline. Growth remains supported by resource shipments and exports amid robust global energy demand, while domestic activity is gradually broadening as consumption and housing stabilize and business investment shows tentative improvement from earlier weakness.<\/li>\n\n\n\n<li>The labour market remains tight but continues a gradual rebalancing: employment rose by about 18,000 positions in June, and the unemployment rate edged down to 6.5%, tying its lowest level since mid\u20112024. Wage growth has cooled from prior peaks, and regional participation increases are consistent with easing wage pressures over time, although pockets of labour scarcity persist in energy\u2011related and some service sectors.<\/li>\n\n\n\n<li>Headline CPI has drifted above 2% and was around 3.2% year\u2011over\u2011year in May, with inflation expected to remain elevated in June before gradually easing as energy effects fade. Core measures have moved closer to 2% on average, and the share of CPI components running above 3% has fallen back toward historical norms, suggesting underlying inflation is moderating even as near\u2011term headline readings remain somewhat higher. The Bank continues to project inflation returning to the 2% target in early 2027, conditional on oil prices stabilizing near their assumed range.<\/li>\n\n\n\n<li>High\u2011frequency indicators point to continued expansion in manufacturing and exports into early summer, with Purchasing Managers\u2019 Index readings still in positive territory, supported by solid energy\u2011sector activity and demand for intermediate goods. However, surveys indicate that firms\u2019 capex intentions remain cautious in light of trade uncertainty and past weakness in domestic demand, suggesting investment may recover only gradually.<\/li>\n\n\n\n<li>Credit growth remains moderate, and bank lending spreads and deposit pricing show limited additional pass\u2011through from recent global rate moves, keeping domestic financial conditions relatively stable. Mortgage rates remain somewhat elevated compared with pre\u2011tightening levels but have been broadly unchanged in recent months, contributing to a measured moderation in housing activity rather than an abrupt adjustment.<\/li>\n\n\n\n<li>The next meeting is on 2 September 2026.<\/li>\n<\/ul>\n\n\n\n<p><strong>Next 24 Hours Bias<\/strong><br \/>Weak Bearish<\/p>\n\n\n\n<p><strong>Oil<\/strong><strong><br \/><\/strong><strong><em><br \/><\/em><\/strong><strong>Key news events today<\/strong><\/p>\n\n\n\n<p>No major news event<br \/><strong><br \/><\/strong><strong>What can we expect from Oil today?<\/strong><\/p>\n\n\n\n<p>Crude oil is trading higher on Friday as geopolitical risk has once again become the market&#8217;s primary focus. Although prices suffered significant losses earlier this week on hopes of easing tensions, uncertainty surrounding the Strait of Hormuz, ongoing regional conflict, and threats to shipping have revived concerns about global supply. For traders, volatility is expected to remain elevated, with headlines from the Middle East likely to outweigh economic data in the near term. A sustained easing of tensions could weigh on crude prices, while any escalation around Hormuz or the Red Sea could quickly push Brent back toward the mid-to-upper $80s.<\/p>\n\n\n\n<p><br \/><strong>Next 24 Hours Bias<\/strong><strong><br \/><\/strong>Medium Bearish<\/p>\n","protected":false},"excerpt":{"rendered":"<p>IC Markets &#8211; Europe Fundamental Forecast | 07 August 2026 What [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":79417,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[196,215,339],"tags":[],"class_list":["post-82823","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fundamental-analysis","category-market-analysis","category-recent-posts"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/posts\/82823","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/comments?post=82823"}],"version-history":[{"count":2,"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/posts\/82823\/revisions"}],"predecessor-version":[{"id":82853,"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/posts\/82823\/revisions\/82853"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/media\/79417"}],"wp:attachment":[{"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/media?parent=82823"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/categories?post=82823"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/tags?post=82823"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}