Forex News

The export beat is likely to draw attention from trade-sensitive markets and trading partners already watching China's external position closely. The acceleration from April's 14.1% pace suggests Chinese manufacturers are finding ways to sustain overseas shipments despite the broader global uncertainty created by the US-Iran conflict and elevated freight ...

Daiwa Securities has concluded that BOJ Governor Kazuo Ueda's recent speech constitutes a de facto signal of a rate hike at the June Monetary Policy Meeting, based on the language used and the precedent set in the two previous tightening cycles, where similar phrasing was consistently followed by policy action. The Daiwa analysis, written by fixed income ...

CNBC's Steve Liesman joins 'Squawk Box' with the latest news from the Federal Reserve.

Business confidence rebounded further in May and business conditions held in positive territory, alongside some easing in reported costs growth. Nonetheless, with global uncertainty persisting, the domestic backdrop softening and cost pressures remaining elevated, confidence remains very weak and in negative territory across all industries. Business ...

Oil prices inched up in early trade on Tuesday after Iran and Israel left the door open to a possible resumption of attacks on each other, though they had called a halt to hostilities following an appeal from U.S. President Donald Trump. Brent crude futures rose 13 cents, or 0.14%, to $94.38 a barrel at 0001 GMT, while U.S. West ​Texas Intermediate were up ...

The Westpac–Melbourne Institute Consumer Sentiment Index declined 2.9% to 80.6 in June from 83 in May. Australian consumers remain deeply pessimistic. The sentiment shock that hit back in April eased off a touch in May but has intensified again in June. At 80.6, the latest monthly Index read is back amongst the weakest seen in the fifty-year history of the ...

Just in | Japan's Finance Minister Katayama reaffirms commitment to current policies and readiness for decisive action. Japan Finance Minister Katayama said it is possible to balance fiscal sustainability with measures aimed at boosting economic growth.

A 24-year-old AI wunderkind dubbed the “Nostradamus of AI” has become Wall Street’s newest obsession after growing his hedge fund into a more than $20 billion powerhouse in less than two years. Leopold Aschenbrenner, a former OpenAI researcher with no professional investing experience, launched Situational Awareness in 2024 with a few hundred million ...

tables

AUD/USD might be the Fed and risk appetite show right now, but I honestly think today's NAB business survey for May has the potential to deliver some meaningful market impact. The risks around the internal activity measures look skewed heavily to the downside in my opinion, potentially providing the catalyst for a move in the Aussie. If there's ever going ...

Business financial data provides sales, purchases, salaries and wages, and operating profit estimates for most market industries in New Zealand, and information on stocks for selected industries. This collection uses a combination of survey, tax, and other administrative data. tables Key facts: For all business financial data (BFD) industries, in the ...

Headlines earlier this year reported that federal US debt exceeded the size of the US economy. Another way to put that: The US debt-to-GDP ratio is over 100%. Opinions and economic analysis vary about what a sustainable fiscal path looks like in the United States. And the multiple data series in FRED that track the US debt-to-GDP ratio also vary. This post ...

The U.S. economy may be holding up better than expected, but Americans are growing more pessimistic about their personal finances. Roughly 48% of Americans said their financial situation was worse in May than a year ago, the highest share since January 2023, according to the Federal Reserve Bank of New York's Survey of Consumer Expectations. Consumers are ...

On tele-rally for Lindsey Graham, President Trump brings up the Iran war and says U.S. is "really going to win it over the next two weeks, when we declare total victory." "Lindsey has been fighting with me all the way." *TRUMP ON IRAN: WE'RE NEGOTIATING NOW

The markets view an ECB rate hike in June as highly likely after the acceleration of eurozone inflation in May. According to preliminary data, consumer prices rose 3.2% last month from 3% in April, well above the central bank target inflation rate of 2%. Core inflation, which strips out volatile components such as energy and food prices, came in at 2.5%, up ...

The US Dollar remained well supported at the start of the week as investors shifted their focus away from Middle East developments and towards the growing risk of persistent inflation in the United States. Friday's stronger-than-expected payrolls report reinforced expectations that the Federal Reserve will keep interest rates elevated for longer, helping ...

NEW: Trump told me that he'd warned Netanyahu that if he went back to war with Iran, he might find himself fighting alone. "I said, 'Bibi, you better be careful, or you will be on your own very soon,'" Trump said

U.S. Dollar Index is losing some ground as traders take some profits off the table near multi-week highs. Traders also stay focused on recent developments in the Middle East. Iran and Israel attacked each other but agreed to halt attacks after President Trump intervened. WTI oil is up by just 1% as prices have already pulled back from session highs. ...

The Federal Reserve Bank of New York’s Center for Microeconomic Data today released the May 2026 Survey of Consumer Expectations, which shows that households’ inflation expectations decreased at the short-term horizon and remained unchanged at the medium- and longer-term horizons, while home price growth expectations increased. Labor market expectations ...

Saudi authorities expect to spend more money canceling projects at NEOM than building them over the next five years, the latest sign of retrenchment of what was one of the world’s most ambitious development projects. The vast, futuristic new city in northwestern Saudi Arabia was at one point projected to cost more than $1 trillion to build. Now, NEOM’s ...

In May, spot gold declined by $77.59 per ounce (or -1.68%) to close the month at $4,540.26, marking its third consecutive monthly decline. Since the sharp mid-March sell-off, largely driven by the unwinding of extreme leveraged positioning, gold has entered a consolidation phase. Prices have traded within a relatively narrow range, bounded by the declining ...

Apparently, neither the trade war nor a real war can hold the U.S. economy back. After recovering by 1.6% (annualized) in the first quarter from the earlier government shutdown, real GDP is expected to increase about 2% in the second quarter. And, assuming oil prices retreat, the economy appears on track for another year of similar growth in 2026. Providing ...

Iran and Israel agreed to ease strikes against each other after a flare-up in violence threatened to derail peace negotiations and led President Donald Trump to appeal for de-escalation. Israeli Prime Minister Benjamin Netanyahu said in a press conference Monday that Israel would hold fire in Iran for now. Earlier, local TV station N12 reported that strikes ...

Andreas Steno Larsen and Mikkel Rosenvold are back to break down Red Friday and whether the market reaction to the latest jobs report was justified. They unpack what the data is really saying about growth, labor markets, liquidity, and the path for risk assets heading into summer.

ISRAEL'S NETANYAHU SAYS IRAN AND HEZBOLLAH ARE WEAKER THAN EVER BUT THE WAR WITH THEM 'HAS NOT YET ENDED' Israel's Prime Minister Netanyahu: Israel holding fire in Iran for now. *NETANYAHU SAYS IRAN WILL NOT GET NUCLEAR WEAPONS ISRAEL'S NETANYAHU: IN THE EVENT THAT IRAN ATTACKS ISRAEL AGAIN, WE WILL RESPOND 'WITH MIGHT'

The New York Knicks are back home with a 2-0 lead in the NBA Finals, and many of their fans are excited to see if they can finish it off in four games. Unfortunately, some of the fans won’t have the luxury of being in Madison Square Garden, as some of the lowest-priced tickets are listed as $9,000, according to Ishika Dadhwal of Yahoo Sports. “Reports ...

*ISRAEL REJECTS IRAN’S WARNING NOT TO HIT LEBANON: KATZ Israel Defense Minister Katz: The Dahiyeh in Beirut is judged the same as the northern settlements. - N12 News Israel Defense Minister Katz threatens that any attack on the northern settlements will lead to an attack on Dahiyeh - N12 News

Yemen’s Iran-aligned Houthis said on Monday that they would ban ships linked to Israel from the Red Sea after Israel renewed its military attacks on Iran, adding to concerns about global shipping and energy flows. This is why it matters and what it means for the Iran war and the global energy crisis: Iran’s closure of the Strait of Hormuz since Israel and ...

An unsupervised 3-year-old child turned nearly $2,000 in hundred-dollar bills into an unexpected arts-and-crafts project — stunning her father. Anthony Kalejaiye, 34, was left "shocked" after walking into his living room to find his daughter Amelia, three, happily cutting up a stack of cash — with the total damage later calculated at $1,800, news agency ...

Brent crude futures jumped as much as 5% to $97.83 a barrel, while WTI traded around $95 a barrel, as renewed Iran-Israel fighting threatened to unravel a fragile US-Iran ceasefire and further disrupt energy flows. On the maritime chokepoint front, Iran-backed Houthis declared a full ban on Israeli vessels in the southern Red Sea, warning that any Israeli ...