About: davin
Recent Posts by davin
API data show US crude inventories fall 6.75m barrels, outpacing forecasts as summer demand builds

API reports US crude stocks fell 6.75m barrels, beating forecasts, signaling tighter supply and boosting bullish summer outlook.
Written on June 3, 2026 at 11:16 am
Categories: Live Updates
Tags: Bullish, Commodities, Oil, Trading, United states
DBS lifts 2026 USD/PHP view as oil shock widens deficits and inflation squeezes BSP

DBS lifts 2026 USD/PHP forecast to 62.7 as oil shock drives inflation, deficits, and peso weakness.
Written on June 3, 2026 at 10:47 am
Categories: Live Updates
Tags: Dollar, Inflation, Peso, Policy, Volatility
Dollar firms as JOLTS beats forecasts; euro subdued, yen weak and gold steady under higher yields

Dollar firms on strong jobs data; EUR pressured, yen weak; gold flat, oil range-bound amid mixed demand.
Written on June 3, 2026 at 10:47 am
Categories: Live Updates
Tags: AI, Commodities, Dollar, Gold, Oil
MUFG Sees AI-Led Chip Exports Supporting Asia, Keeping Bank of Korea Hawkish on Sticky Rates

MUFG: AI semiconductor exports and hawkish Bank of Korea support KRW, offset Hormuz risks; USD/KRW targets 1400.
Written on June 3, 2026 at 10:17 am
Categories: Live Updates
Tags: AI, asia, Central Bank, Dollar, Korean Won
Argentina’s May tax receipts jump to 21.5 trillion pesos, bolstering fiscal outlook and asset appeal

Argentina’s May tax revenue jumped to 21.5 trillion pesos, reinforcing fiscal improvements and supporting bullish Argentina trades.
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