Economy

4 June 2026
Canadian Dollar Slips as Middle East Tensions Lift Greenback, Driving USD/CAD Towards 1.3900

USD/CAD nears 1.3900 as USD strengthens on Middle East tensions; Canada’s recession deepens loonie pressure.

4 June 2026
Sterling Slides as Hormuz Tensions Spur Dollar Demand and US Data Outpaces UK

Sterling slid as Hormuz tensions spurred dollar buying, while strong US data and weaker UK outlook pressured GBP/USD.

4 June 2026
DBS nowcast flags India GDP cooling in early 2026 as industry, trade and spending soften

India’s GDP growth may cool in early 2026, prompting defensive positioning amid weaker industry, trade, spending.

4 June 2026
New York Fed’s Williams flags energy-led inflation as rates stay steady and dollar edges higher

Williams: energy and AI-linked costs lift inflation; economy grows 2%; Fed holds rates; dollar firms.

4 June 2026
US ISM services PMI beats forecasts as prices strengthen and employment contracts, challenging Fed easing hopes

US services growth strengthened in May; ISM rose to 54.5, prices climbed, employment weakened, complicating Fed outlook.

4 June 2026
Eurozone Real Rates Edge Higher as Fiscal Expansion and Bond Supply Lift Long-Term Yields

Eurozone real rates rise as fiscal expansion and ECB QT boost bond supply, lifting term premia.

4 June 2026
ISM Services Employment Slips Further Below 50, Bolstering Bets on Fed Rate Cuts

ISM services employment slips to 47.9, signaling continued hiring contraction, boosting rate-cut expectations, hedging strategies.

4 June 2026
US Factory Orders Beat Forecasts, Raising Prospects of Higher-for-longer Fed Rates

April US factory orders surged 4.8%, beating forecasts, signaling manufacturing momentum, complicating Fed cuts and lifting yields.

4 June 2026
US Composite PMI undershoot fuels rate-cut bets, prompting hedges and softer dollar outlook

US S&P Global Composite PMI slips to 51.5, signaling slowing growth, boosting rate-cut bets, and hedging.

3 June 2026
Australia GDP growth slows to 0.3% as cyclone disruptions and weak demand dim RBA outlook

Australia’s Q1 GDP slowed to 0.3%, boosting RBA cut odds and pressuring AUD, equities, bonds.

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