Inflation

2 June 2026
Eurozone May HICP Inflation Holds at 3.2%, Keeping ECB Tightening Expectations Firm

Eurozone HICP inflation held at 3.2% in May, easing volatility but keeping ECB hawkish and supportive.

2 June 2026
EUR/USD Holds 1.14–1.18 Range as June Fed and ECB Meetings Loom

EUR/USD remains range-bound ahead of June Fed and ECB meetings, with DXY weakness needed for breakout.

2 June 2026
UK M4 money supply growth edges up, bolstering hawkish Bank of England expectations

UK M4 money supply rose to 4.5% in April, boosting hawkish BoE bets, GBP, yields.

2 June 2026
UK consumer lending undershoots forecasts in April, bolstering rate-cut bets and pressuring sterling

UK consumer lending rose £6.2bn in April, missing forecasts, boosting rate-cut bets and pressuring sterling.

2 June 2026
UK mortgage approvals beat forecasts, bolstering higher-for-longer Bank of England rate expectations

UK mortgage approvals beat forecasts in April, signaling housing resilience and reducing odds of near-term BoE cuts.

2 June 2026
Commerzbank Sees Eurozone May Inflation Barely Moving EUR/USD as Hormuz Risks Dominate

Commerzbank sees May eurozone inflation unlikely to move EUR/USD; focus instead on Hormuz tensions and oil-driven risk.

2 June 2026
India gold prices edge higher as rate-cut bets and central bank buying underpin bullion

Gold climbs in India as rate-cut bets, inflation concerns, central bank buying, and geopolitics support demand.

2 June 2026
Malaysia gold prices tick higher as Fed cut expectations and central bank buying underpin bullion

Malaysia gold prices ticked up Tuesday; softer dollar, persistent inflation and central-bank buying underpin bullish outlook.

2 June 2026
Australia’s Building Approvals Growth Picks Up, Bolstering Hawkish RBA Rate Outlook

Australia’s building permits rose 10.2% in April, signalling robust construction demand, inflation pressure, and sustained RBA hawkishness.

2 June 2026
EUR/USD holds above 1.1600 as Iran risks lift dollar demand ahead of Eurozone HICP

EUR/USD rises above 1.1600 as ECB hawkishness offsets Middle East tensions; traders favor volatility strategies ahead HICP.

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