Monthly Archives: June 2026
China’s Caixin May Manufacturing PMI Beats Forecasts, Supporting Commodities, AUD and China Equities

Written on June 1, 2026 at 12:17 pm, by davin
Caixin PMI rose to 51.8 in May, beating forecasts, boosting commodities, AUD, and China-linked equities.
WTI rebounds towards $89 as Israel-Lebanon escalation revives supply fears and fuels volatility surge

Written on June 1, 2026 at 12:17 pm, by davin
WTI rebounds above $88 as Israel-Lebanon escalation boosts supply fears, volatility, backwardation, and bullish options positioning.
ANZ Job Ads Rebound in May, Reinforcing RBA Higher-for-Longer Rate Outlook

Written on June 1, 2026 at 11:47 am, by davin
ANZ Job Ads rose 1.8% in May, tightening labour conditions, reinforcing hawkish RBA stance, supporting AUD.
USD/JPY firms towards 159.50 as Japan capex stalls and Middle East risks lift dollar demand

Written on June 1, 2026 at 11:47 am, by davin
USD/JPY rebounds near 159.50 as weak Japan data, geopolitics, and hawkish Fed boost dollar; intervention risk.
Australia TD-MI Inflation Gauge Ticks Up, Tempering RBA Rate-Cut Hopes and Backing the Aussie

Written on June 1, 2026 at 11:17 am, by davin
May’s TD-MI inflation gauge rose to 4.4%, challenging RBA rate-cut hopes, supporting AUD, pressuring equities.
PBoC sets firmer USD/CNY fixing, signalling tolerance for gradual yuan weakness amid growth concerns

Written on June 1, 2026 at 11:17 am, by davin
PBoC set USD/CNY fixing at 6.8167, signaling managed yuan weakness to bolster growth amid soft data.
Australia’s TD-MI Inflation Gauge Turns Negative, Stirring RBA Rate Cut Betting and AUD Pressure

Written on June 1, 2026 at 10:47 am, by davin
Australia’s TD-MI inflation gauge fell to -0.3% in May, easing pressures and boosting rate-cut expectations.
Sterling Holds Near 1.3450 as Iran Talks and Dovish BoE Temper GBP/USD Outlook

Written on June 1, 2026 at 10:47 am, by davin
Sterling holds near 1.3450 amid Iran-war uncertainty and dovish BoE; options favored as volatility rises.
EUR/USD dips near 1.1650 as US-Iran talks boost dollar demand, ECB hike eyed

Written on June 1, 2026 at 10:17 am, by davin
EUR/USD dips to 1.1650 as dollar safe-haven demand offsets hawkish ECB expectations amid US-Iran peace talks.
Powell warns Fed independence at risk as Supreme Court weighs Cook case, denting dollar confidence

Written on June 1, 2026 at 10:16 am, by davin
Powell warns firing Fed officials over policy would erode trust, spark volatility, weaken dollar, and hit stocks.