Markets

4 June 2026
EIA data show US crude stocks plunge nearly 8 million barrels, boosting WTI bullish bets

EIA data showed crude inventories fell 7.974 million barrels, far exceeding expectations, signaling strong demand and bullish prices.

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
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
TD Securities sees ISM services rising as Iran-linked supply strains lift prices and dollar bids

TD expects ISM services to rise, inflation pressures persist; Middle East volatility drives tactical options and hedges.

3 June 2026
Eurozone Composite PMI Beats Forecast but Stays in Contraction, Supporting Cautious ECB Rate Outlook

Eurozone composite PMI beat forecasts at 48.5, easing recession fears, supporting euro and equities, complicating ECB cuts.

3 June 2026
Eurozone Services PMI Beats Forecast but Stays in Contraction, Bolstering ECB Rate-Cut Bets

Eurozone services PMI rose to 47.7 in May, still contracting; boosts ECB cut bets, bearish euro.

3 June 2026
S&P 500 Hits Fresh Record as Nine-Day Rally Nears Longest Run Since 1995

S&P 500 hits record ninth straight gain; longest since 1995 looms, low volatility prompts hedging.

3 June 2026
GBP/USD Steadies Near 1.3470 as Middle East Tensions Bolster Dollar Safe-Haven Bid

GBP/USD steadied near 1.3470 as Middle East tensions boosted dollar demand, while BoE hawkishness supported sterling.

3 June 2026
MENA currencies face renewed selling in May as higher US rate bets spur carry unwinds

Most MENA currencies saw net selling in May as rising US rates fueled carry unwind pressure.

3 June 2026
Argentina’s May tax receipts jump to 21.5 trillion pesos, bolstering fiscal outlook and asset appeal

Argentina’s May tax revenue jumped to 21.5 trillion pesos, reinforcing fiscal improvements and supporting bullish Argentina trades.

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