Outlook

8 June 2026
Societe Generale flags oil price resilience despite 14% supply hit as inventories tighten

Societe Generale sees oil underpricing serious supply disruption; inventory drawdowns and forward-curve softness mask tightening markets.

8 June 2026
CFTC data show oil speculators cut net longs, signalling fading bullish conviction amid steady US supply

CFTC data: oil net longs fell to 155.9k; weakening speculative bullishness amid EV demand shifts, high output.

3 June 2026
TD Securities lifts silver and PGM forecasts as deficits loom, while warning of gold-like corrections

TD Securities raises silver, PGM forecasts, citing deficits, stronger demand, but warns near-term correction risk.

2 June 2026
BBH sees NBP holding at 3.75%, inflation easing and USD/PLN rangebound near 3.60–3.70

BBH sees NBP holding 3.75%, easing over; softer inflation and growth keep zloty rangebound, low-volatility.

2 June 2026
Poland’s central bank set to hold rates at 3.75% as inflation cools and growth slows

Poland’s central bank likely holds rates at 3.75% as May inflation cools; oil shock remains.

2 June 2026
TD Securities sees oil market deficits through summer despite Hormuz reopening, July shortfall peaking

TD Securities sees summer oil deficits peaking in July despite Hormuz reopening, with supply recovery lagging year-end.

30 May 2026
Sticky PCE Inflation and Robust US Growth Keep Dollar Firm as DXY Nears 100 Breakout

Strong US growth and sticky PCE inflation support the dollar, keeping DXY near 100 despite improved risk sentiment.

30 May 2026
Canada GDP Dips 0.1% in March, Bolstering Rate-Cut Bets and Weighing on the Loonie

Canada’s GDP fell 0.1% in March, boosting BoC cut odds, weakening CAD, shaping trade strategies.

29 May 2026
ANZ New Zealand Business Confidence Returns to Positive Territory, Bolstering RBNZ Hold and NZD Outlook

ANZ New Zealand business confidence rebounded to +10 in May, boosting NZD outlook and supporting higher NZ equities.

29 May 2026
Thai baht pressured as record April trade deficit widens and rate gap favours dollar

Thai baht weakens as record $10bn trade deficit widens, rate differentials favor dollar; USD/THB upside persists.

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