Economies

US inflation showed signs of cooling beneath the surface as softer core pressures eased Fed concerns, although volatile energy prices remain the key risk ahead.

Shifting interest-rate expectations are reshaping markets as investors weigh stronger growth momentum against the pressure of higher yields.

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.

Markets are being driven by the inflationary impact of elevated oil prices, with rising yields and a stronger dollar tightening financial conditions and pressuring gold.

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.

America’s retail heavyweights, from The Home Depot and Target to Lowe’s and Walmart, could provide one of the clearest tests yet of US consumer resilience in 2026, revealing whether spending remains broad-based or is increasingly shifting toward essentials as economic pressures build.

The pair regains its upside bias, rebounding from the likely FX intervention by Japanese authorities, but challenges still loom.

Oil is fuelling inflation, inflation is strengthening the dollar, the stronger dollar is testing gold, and equities are still climbing on AI optimism, creating one of the most compelling cross-asset battles of 2026.

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.