UK CBI shows retailers sentiment fell at a slower pace compared to previous two quarters
UK CBI Distributive Trades -46 vs -50 expectedPrior -68Full report hereThe agency noted: “retail selling prices ...
Japan government retains its assessment that the economy is recovering moderately in May
There is no change to the assessment from April (which was also the same as in March), as the government notes that & ...
ECB policymaker Lane hints the market is correct in expecting a rate hike in June
Full interview hereECB Chief Economist, Philip Lane said in an interview with Nikkei Asia that the conflict in the Mi ...
Oil prices nudge up from overnight lows awaiting further US-Iran developments
WTI crude is cutting losses to near $93 now, moving well off the overnight low near $89.40. Still, there is some ways ...
Indian Rupee recovers losses on lower oil prices, but risks remain on prolonged stalemate
FUNDAMENTAL
OVERVIEWUSD:The US dollar came under renewed pressure yesterday on heightened hopes for
a US-Iran ...
Iran’s IRGC identifies hostile aircrafts entering its airspace, downs MQ9 drone
Iran’s Islamic Revolutionary Guard Corps (IRGC) announced it had detected and shot down an MQ-9 drone. The IRGC said ...
FX option expiries for 26 May 10am New York cut
There are just a couple to take note of expiries to take note of for today, as highlighted in bold below.They are bot ...
USD/JPY remains stuck in a tight range amid US-Iran deal optimism and hawkish Fed risk
FUNDAMENTAL OVERVIEWUSD:The US dollar came under renewed pressure yesterday on heightened hopes for
a US-Iran dea ...
Markets reserve some caution on US-Iran developments
The war continues to rage on but it looks like we’re on the cusp of some form of agreement or memorandum of und ...
What are the main events for today?
EUROPEAN SESSIONIn the European session, we don’t have much on the agenda other than a couple of low tier relea ...
ECB policymaker Schnabel says that a June rate hike will be needed
Looking through inflation spike is no longer an optionThere are increasing signs that inflation shock is spilling ove ...
Crude oil futures plunge nearly 5%: What this oil analysis is guiding next
Crude oil futures are under sharp pressure today, with Light Crude Oil Futures trading near $91.79, down about 4.98%. ...