Monthly Archives: June 2026
Baker Hughes Data Show US Oil Rig Count Rises to 433, Signalling Gradual Uptick in Drilling

Written on June 12, 2026 at 11:39 pm, by josephine
Baker Hughes data shows US oil rigs rising to 433, signaling cautious drilling uptick amid tight inventories.
USD/JPY Eyes 160 as BoJ, Warsh-Led Fed Meetings Loom, Raising Volatility and Intervention Risk

Written on June 12, 2026 at 11:10 pm, by josephine
USD/JPY hovered near 160.20 as BoJ and Warsh-led Fed meetings loom, signaling volatility and intervention risk.
Gold holds near $4,200 as US-Iran peace talks and firm US inflation curb upside

Written on June 12, 2026 at 11:09 pm, by josephine
Gold steadies near $4,200 as US-Iran peace hopes and hot inflation keep Fed hawkish, limiting gains.
SpaceX surges 24% in IPO debut as $75bn flotation draws heavy demand and options volatility spikes

Written on June 12, 2026 at 10:10 pm, by josephine
SpaceX surged 24% in blockbuster IPO; oversubscribed offering fuels volatile options and premium-rich trading strategies.
Reuters poll sees Bank of England holding rates in June as economists split on year-ahead path

Written on June 12, 2026 at 10:09 pm, by josephine
Reuters poll: BoE likely holds 3.75% June 18; inflation peaks 3.6%, growth 1%, guidance watched.
Sterling slips as UK GDP contracts, while risk appetite steadies GBP/USD near 200-day average

Written on June 12, 2026 at 9:40 pm, by josephine
Sterling slipped as UK GDP contracted, but improved risk appetite kept GBP/USD near 1.3410. Volatility eyed.
Sterling Slips as UK GDP Shrinks, Dollar Holds Firm Ahead of BoE and Fed Meetings

Written on June 12, 2026 at 9:39 pm, by josephine
Sterling dipped after UK GDP fell 0.1%, while strong US data kept dollar firm; GBP/USD stayed bearish.
Vance Rejects Upfront Iran Funds as Dollar Index Slips and Oil Traders Eye Put Hedges

Written on June 12, 2026 at 9:10 pm, by josephine
Vance rejects upfront Iran cash; performance-based deal pressures DXY to 99.70, while oil hedges gain appeal.
Sterling Steadies Near 1.3400 as UK CPI, Jobs and BoE Decision Loom, Politics in Focus

Written on June 12, 2026 at 9:09 pm, by josephine
Pound consolidates near 1.3400 as UK data, BoE decision and by-election could spur volatility, range breakouts.
EUR/GBP Edges Higher as UK GDP Slip Clouds BoE Outlook After ECB Rate Rise

Written on June 12, 2026 at 8:41 pm, by josephine
EUR/GBP steadied as weak UK GDP and sticky inflation contrast with hawkish ECB, boosting euro outlook.