May 27, 2026 5:51 am
Key Moments AUD/JPY pulled back from around 114.35, a near two-week peak, after weaker Australian CPI data. Headline Australian CPI eased to 4.2% YoY in April from 4.6% in March, still above the RBA’s 2%-3% target band. Expectations for a potential RBA rate hike in August and ongoing JPY intervention risk are seen limiting AUD/JPY […]
Read moreMay 26, 2026 1:06 pm
Key Moments Wheat futures contracts are trading 2 to 7 cents lower early Tuesday, pressured by a sharp decline in crude oil prices. Managed money reduced net long positions in Chicago Board of Trade and Kansas City wheat futures and options as of 5/19. Old crop U.S. wheat export commitments reached 25.241 MMT, or 102% […]
Read moreMay 26, 2026 12:38 pm
Key Moments BP PLC ADR (NYSE:BP) declined 5.2% in premarket trading after the board removed Chair and Director Albert Manifold with immediate effect. The board unanimously appointed Ian Tyler as Interim Chair while it begins a succession process for a permanent replacement. BP did not disclose specific details about the governance issues that triggered Manifold’s […]
Read moreMay 26, 2026 10:54 am
Key Moments Societe Generale’s Kenneth Broux identifies a Head and Shoulders formation in EUR/GBP, signaling potential further weakness. A decisive move and sustained trading below 0.8610 is viewed as essential to validate a deeper bearish phase. Short-term resistance is highlighted at 0.8730/0.8740, with 0.8535 flagged as the next downside target within a broader descending channel. […]
Read moreMay 26, 2026 9:58 am
Key Moments MUFG’s Derek Halpenny expects the RBNZ to keep rates unchanged while signaling a more hawkish outlook with higher inflation and OCR projections. Guidance indicating two to three rate hikes this year is viewed as plausible and broadly in line with roughly 70 bps already priced in by markets. Reduced NZD leveraged fund shorts […]
Read moreMay 26, 2026 9:38 am
Key Moments The US dollar weakened as traders reacted to progress on a potential US-Iran agreement and shifting Federal Reserve expectations ahead of the June FOMC meeting. The Indian Rupee strengthened in tandem with a drop in oil prices to monthly lows, reflecting its recent tight correlation with crude. USD/INR remains in a broader bullish […]
Read moreMay 26, 2026 9:22 am
Key Moments Dow Jones futures gain 0.53% above 50,900 in European trading ahead of the US session. Market participants price in nearly a 41.0% chance of a 25-basis-point Fed rate hike by year-end. Traders monitor US-Iran tensions, with the US reporting self-defense strikes and talks described as “proceeding nicely.” Futures Advance Despite Geopolitical Tensions US […]
Read moreMay 26, 2026 9:10 am
Key Moments Bitcoin traded down 0.6% at $76,946.7 by 02:43 ET (06:43 GMT) after failing to hold levels near $78,000 from the prior session. Renewed U.S. strikes on Iranian targets and slowing U.S. spot bitcoin ETF demand pressured cryptocurrencies and broader risk sentiment. Altcoins mostly traded lower, with Ethereum at $2,101.75, XRP at $1.35, and […]
Read moreMay 26, 2026 8:04 am
Key Moments AUD/JPY trades near 113.85 in early European dealings on Tuesday as the cross loses upside momentum. Australia’s Unemployment Rate rose to 4.5% in April from 4.3% in March, sharply reducing market expectations for a June RBA rate hike. Japan’s core CPI excluding special factors increased 2.8% in April, above the BoJ’s 2% target […]
Read moreMay 26, 2026 6:28 am
Key Moments Silver (XAG/USD) trades around $76.40 per troy ounce, giving back gains from the previous session during Asian hours on Tuesday. US self-defense strikes in southern Iran raise fears of an energy-driven inflation shock and longer-lasting tight monetary policy. US-Iran talks on extending a ceasefire and reopening the Strait of Hormuz are described as […]
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