West Texas Intermediate (WTI) crude Oil sees sharp two-way price swings on Thursday as traders track rapidly changing US-Iran developments. At the time of writing, WTI is trading little changed around $88 per barrel after hitting an intraday high of … [Continue reading]
United States Core Personal Consumption Expenditures (QoQ) came in at 4.4%, above forecasts (4.3%) in 1Q
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]
US core PCE inflation set to edge up in April as markets price in Fed rate hike by year-end
The United States (US) Bureau of Economic Analysis (BEA) will publish the Personal Consumption Expenditures (PCE) Price Index data for April on Thursday at 12:30 GMT. The PCE Price Index is closely watched by market participants because it is … [Continue reading]
New Zealand Dollar drops after NZ budget announcement
The New Zealand Dollar (NZD) drops to near 0.5883 against the US Dollar (USD) during the Asian trading session on Thursday, following the New Zealand (NZ) budget 2026 announcement. The Kiwi pair edges down even as the nations’ Debt Management Office … [Continue reading]
Yen erases the rescue as carry math wins out
The Bank of Japan (BoJ) and Ministry of Finance bought themselves three weeks of breathing room. A combined intervention effort reportedly worth more than $60 billion across late April and early May shoved USD/JPY out of the politically sensitive … [Continue reading]
United States Dollar Index recovers intraday losses amid conflicting US-Iran headlines
The US Dollar Index (DXY), which tracks the Greenback’s value against a basket of six major currencies, reverses earlier losses on Wednesday as traders digest the latest developments surrounding US-Iran negotiations. At the time of writing, the index … [Continue reading]
Copper: Oversupplied now, tight balance and high prices ahead – Commerzbank
Commerzbank’s Barbara Lambrecht highlights that the global Copper market showed a large surplus in Q1 2026 as refined output surged, especially in China and the DR Congo. Demand grew less than 1%, but Lambrecht expects this to reverse, with stronger … [Continue reading]
New Zealand Dollar: Hawkish RBNZ supports currency – Danske Bank
Danske Research Team notes that the Reserve Bank of New Zealand (RBNZ) kept its policy rate at 2.25%, matching expectations, but signalled a need for faster tightening. They now project at least two more hikes by year-end, which lifted the New … [Continue reading]
WTI slumps below $91.00 on US–Iran peace progress while fresh strikes cloud outlook
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $90.75 during the early European trading hours on Wednesday. The potential downside for crude oil prices might be limited as fresh US strikes on Iran dashed hopes … [Continue reading]
RBNZ set for another interest-rate hold, with markets predicting hikes ahead
The Reserve Bank of New Zealand (RBNZ) is widely expected to hold the Official Cash Rate (OCR) at 2.25% for the third consecutive meeting, as the impact of the Iran war continues to hit the economic growth and fuel inflation pressures.The RBNZ … [Continue reading]