Tokyo and Washington closely monitoring forex markets together, finance minister confirms
Japan’s Finance Minister Katayama declined to comment on FX intervention, flagging oil market volatility and cl ...
PBOC is expected to set the USD/CNY reference rate at 6.7720 – Reuters estimate
The People’s Bank of China is due to set the daily USD/CNY reference rate at around 0115 GMT (2115 US Eastern time), ...
Japan eyes sales tax cut from 2027 but bond market (and yen!) risks loom large
Japan is considering cutting its 8% food sales tax to 1% from April 2027 for two years, the Mainichi reported, with t ...
RBNZ risks crushing already weakened economy to contain oil-driven inflation Kiwibank warn
Kiwibank now expects the RBNZ to begin hiking in July after a 3:3 split vote, warning the central bank risks overtigh ...
Commerzbank lifts Brent to $90 on Hormuz closure, no return to pre-war prices
Commerzbank (note from Friday) raised its Brent forecast to $90/bbl by end-September and $85 by year-end, up from $80 ...
South Korea May 2026 inflation data higher than expected, keeps BoK on hike alert
South Korea May 2026 CPI:+0.5% m/m
expected +0.3%, prior +0.5%+3.1% y/y
expected +3.0%, prior +2.6%Core CPI + ...
Israel PM contradicts Trump, will continue operating against Hezbollah in Southern Lebanon
Once again Trump’s credibility gap is affirmed:claimed he had personally brokered a halt to hostilities between ...
Trump says Hormuz deal is “looking good” but his credibility gap keeps markets on edge
Trump said he brokered a halt to Israel-Hezbollah fire and expects an Iran deal to reopen the Strait of Hormuz within ...
BofA contrarian sell signal nears trigger as S&P optimism hits highest since February 2025
BofA’s Sell Side Indicator hit its highest level since February 2025, a point that preceded a 1,000-point S& ...
Oil’s biggest single-day gain in weeks as Middle East tensions flare again
Oil settled more than 4% higher Monday after Iran’s Tasnim said Tehran halted US talks and planned to fully blo ...
ICYMI! Strategy sells Bitcoin for first time since 2022, breaking “never sell” pledge
Strategy sold 32 bitcoin for ~$2.5M last week to fund preferred stock dividends, its first sale since 2022, breaking ...
Record close for the major indices once again
The major U.S. stock indices closed at record highs, led by strong gains in the NASDAQ. The lone weak spot was the sm ...