Inflation

2 June 2026
NZD/USD slips towards 0.5930 as safe-haven dollar demand rises amid Middle East tensions

NZD/USD slips to 0.5930 as safe-haven dollar demand rises amid geopolitical tensions, oil surge, Fed uncertainty.

2 June 2026
Markets price ECB June rate rise as focus turns to forward guidance and euro direction

Markets expect ECB to hike June 11; focus shifts to forward guidance, inflation risks, and euro volatility.

2 June 2026
USD/JPY nears 160 as strong US manufacturing lifts dollar, intervention risk and NFP awaited

USD/JPY nears 160 on strong US data, but Japan intervention risk rises; key NFP catalyst ahead.

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
BNP Paribas sees US growth outpacing potential, inflation sticky as euro climbs to 1.21

BNP sees 2026 US growth 2.4%, persistent inflation, steady Fed rates, and gradual EUR/USD rise to 1.21.

2 June 2026
USD/CHF climbs as US-Iran talks stall, oil rises and Fed-SNB policy gap widens

USD/CHF jumped as stalled US-Iran talks, higher oil, and Fed-SNB policy divergence boosted the Dollar.

2 June 2026
ECB officials step up June hike signals as Nordea warns markets underprice broader tightening cycle

ECB officials signal June hike for credibility as energy-driven inflation risks second-round effects; markets seem complacent.

2 June 2026
US ISM Manufacturing PMI Rises to 54, Strengthening Dollar and Complicating Fed Rate-Cut Outlook

US manufacturing grew faster in May; PMI rose to 54, easing prices, soft jobs, firmer dollar.

2 June 2026
US Construction Spending Beats Forecast, Challenging September Fed Cut Bets and Supporting Stronger Dollar

April construction spending beat forecasts, signaling resilient growth, higher-for-longer rates, stronger dollar, and hedging opportunities.

2 June 2026
US ISM Prices Paid Misses Forecast, Easing Fed Hike Odds and Lifting Risk Assets

May ISM Prices Paid eased to 82.1, missing forecasts, easing Fed hike odds, boosting equities, weakening dollar.

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