June 12, 2026 10:31 am
Key Moments President Karol Nawrocki has issued 36 vetoes in just 10 months, surpassing the previous record for Polish presidential vetoes. Recent vetoes targeted legislation on crypto assets, taxation, and publicly funded healthcare services. Commerzbank’s Tatha Ghose views ongoing political obstruction and uncertainty about the 2027 election outcome as a negative factor for the Zloty. […]
Read moreJune 12, 2026 9:44 am
Key Moments Benchmark Dutch TTF natural gas futures fell more than 5% to around €47 ($54.3) per MWh as of 0720GMT. Comments from US President Donald Trump about a possible framework agreement with Iran eased near-term supply disruption concerns. Traders remained wary as Iran has not confirmed a finalized deal, while the Strait of Hormuz […]
Read moreJune 12, 2026 8:39 am
Key Moments Brent slipped below $90/bbl as hopes grew for a ceasefire and restored crude flows through the Strait of Hormuz. ING analysts see a potential inflection point in late July if oil flows do not resume, with Brent possibly moving towards $120-130/bbl. Saudi Arabia, the UAE, and Iraq have lifted output month-on-month, partially offsetting […]
Read moreJune 12, 2026 8:11 am
Key Moments USD/CAD advanced toward 1.3980 in early Friday trading, supported by stronger-than-expected US PPI data. US PPI recorded its fastest annual increase since November 2022, driven in part by higher energy costs linked to Middle East tensions. The Bank of Canada kept rates unchanged at its June meeting while signaling readiness to tighten further […]
Read moreJune 12, 2026 8:00 am
Key Moments EUR/GBP traded near 0.8630 in Asian dealings on Friday after slipping following recent gains. UK GDP declined by 0.1% month-on-month in April after a 0.3% rise in March, matching expectations. Germany’s May HICP inflation printed at 2.7% year-on-year, in line with forecasts, with a 0.1% monthly contraction. EUR/GBP Drifts Lower After Data From […]
Read moreJune 12, 2026 7:43 am
Key Moments Bitcoin climbed 0.9% to $63,337.8 and was up about 4% for the week after a 17% slide the previous week. Spot Bitcoin ETFs were on track for a fourth consecutive week of outflows, totaling $401.7 million as of Thursday, versus $1.72 billion the prior week. Flows were seen shifting toward artificial intelligence shares […]
Read moreJune 12, 2026 7:05 am
Key Moments USD/JPY traded around the 160.25-160.30 band during the Asian session, rising nearly 0.25% from the prior day. Ongoing Middle East-related uncertainty and hawkish Federal Reserve expectations have continued to support US Dollar demand. Market participants are cautious ahead of the June 15-16 Bank of Japan policy meeting, with potential official intervention still on […]
Read moreJune 12, 2026 6:33 am
Key Moments EUR/JPY traded around 185.40 during Asian hours on Friday, keeping recent gains intact above key EMAs. Primary resistance is located at the six-week high of 186.21, with additional upside levels at 187.80 and 187.95. Initial support remains at the nine-day EMA of 185.23 and the 50-day EMA of 185.07, with deeper downside levels […]
Read moreJune 12, 2026 6:19 am
Key Moments Silver (XAG/USD) trades around $67.00 per troy ounce after dropping back from more than 6% gains in the prior session. Fresh military incidents involving US and Iranian forces near the Strait of Hormuz weigh on sentiment despite emerging peace prospects. Rising global inflation pressures and tighter central bank policy, including an ECB rate […]
Read moreJune 11, 2026 1:33 pm
Key Moments WTI futures on NYMEX trade almost 3% lower near $87.60 during the European session on Thursday. Prices remain capped below the 20-day EMA at $91.52, reinforcing a bearish near-term technical outlook. Further downside could target $84.87 and potentially $78.88 if selling pressure persists. Geopolitics Weigh on Crude as Peace Talks Continue West Texas […]
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