Oil prices drop while metals and stock markets rise after the two sides announced an interim deal, but risks still loom.
President Trump expects to sign a settlement with Iran, raising optimism around the global economy and copper consumption, but risks still loom.
XAU/USD falls deeper into bear territory on lingering geopolitical tensions and higher-for-longer Fed prospects, with the US CPI update looming today.
The Fed, the ECB, the BoE and other major central banks announce pivotal policy decisions in June, as inflation pushes them toward a hawkish stance but growth risks call for caution.
JPN225 drops as strong GDP could embolden the BoJ to hike rates to combat energy-driven inflation, but economic resilience and renewed Middle East resolution hopes support the rally.
The pair regains its upside bias, rebounding from the likely FX intervention by Japanese authorities, but challenges still loom.
The pair posts a steep decline today, raising fresh intervention speculation after last week's reported action, but that may not be enough to provide lasting support for the yen.
The Australian central bank raised rates again to contain rising inflation driven by the energy shock from the Middle East conflict, but its tightening runway is getting shorter.
A resilient U.S. economy and stubborn inflation are forcing markets to rethink rate cuts, keeping bond yields elevated while making equity leadership increasingly selective.
President Trump said he will raise tariffs on EU auto imports to 25%, exacerbating a tough external environment already strained by the Middle East conflict and mounting competition from Chinese rivals.
The pair drops on the lack of upside surprises in the data, but intensifying price pressures support the case for another RBA hike and the pair's bullish bias.
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