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IEA forecasts 4.3 million bpd drop in global Oil supply
The International Energy Agency (IEA) cut its global Oil supply and demand forecasts for 2026 amid s...
US Dollar: Soft CPI risks weigh on outlook – ING
ING’s Chris Turner expects US July CPI to be the key driver for the Federal Reserve’s next move, wit...
WTI rises to near $93.00 as Iran launches missiles toward Kuwait, Bahrain
West Texas Intermediate (WTI) gains ground for the third successive day, trading around $92.90 per barrel during the Asian hours on Wednesday.
Japanese Yen struggles near 160.00 threshold vs USD; bears shrug off intervention warning
The USD/JPY pair touches a fresh one-month high during the Asian session on Wednesday, though it struggles to build on the momentum beyond the 160.00 psychological mark. The fundamental backdrop, howe ...
Japan Jibun Bank Services PMI in line with expectations (50) in May
Japan Jibun Bank Services PMI in line with expectations (50) in May
US forces conduct strikes after Iran's attack
The United States Central Command (CENTCOM) said on Tuesday that it had intercepted and defeated a series of Iranian missile and drone attacks targeting regional neighbors, including Kuwait and Bahrai ...
Japan’s Katayama: Ready to act on forex if required
Japan’s Finance Minister Satsuki Katayama said on Wednesday that the authorities are ready to act on the foreign exchange if required.
Gold declines to near $4,450 amid fading Iran peace hopes
Gold price (XAU/USD) tumbles to around $4,465 during the early Asian session on Wednesday. The precious metal extends the decline amid uncertainty surrounding the peace deal between the United States ...
GBP/JPY Price Forecast: Uptrend holds, eyes on 216.00, BoJ risks loom
The Pound Sterling advances versus the Japanese Yen on Tuesday, up by 0.24%, driven by traders’ optimism about a US-Iran deal, even though there are rumours that Iran has halted negotiations amid the ...
Australia’s S&P Global Services PMI beats estimates: Here's what it means for AUD/USD
The final reading of Australia's S&P Global Services PMI came in at 48.7 in May, compared to 50.7 in the previous reading, the latest data published by S&P Global showed on Wednesday. This figure came ...
Australia S&P Global Services PMI came in at 48.7, above forecasts (47.7) in May
Australia S&P Global Services PMI came in at 48.7, above forecasts (47.7) in May
Australia S&P Global Composite PMI came in at 48.7, above expectations (47.8) in May
Australia S&P Global Composite PMI came in at 48.7, above expectations (47.8) in May
New Zealand Terms of Trade Index below forecasts (-1.2%) in 1Q: Actual (-2%)
New Zealand Terms of Trade Index below forecasts (-1.2%) in 1Q: Actual (-2%)
China: Slower 2Q26 growth outlook – UOB
UOB’s Ho Woei Chen notes that China’s May PMIs point to softer 2Q26 GDP growth, with manufacturing hovering at the expansion threshold and services rebounding only modestly.