Standard Chartered: PBoC shifts focus to DR001, anchoring overnight rates and paving way for overnight policy.
Dow futures rebound above 51,000 as oil, geopolitics, and jobs data fuel cheap hedges, volatility plays.
NZD/USD steadied near 0.5930 as RBNZ hawkish support offset US Dollar safe-haven demand amid Middle East tensions.
AUD/USD nears 0.6650 as RBA stays hawkish, Fed eyes cuts; strong Australian data could lift further.
Eurozone inflation rose in May; services surged, boosting ECB hike expectations, supporting euro, and rates trades.
EUR/USD steadies near 1.1640 as US-Iran uncertainty offsets firmer Eurozone inflation, boosting ECB hike expectations.
Sterling edged higher on calmer geopolitics, but strong US jobs data and BoE hawkishness kept GBP/USD rangebound.
BoE’s Greene warns inflation sensitivity rising; markets brace for hawkish MPC, higher rates, stronger pound.
Sweden’s GDP dip masked resilient consumers; VAT cut distorts inflation, leaving markets underpricing potential Riksbank tightening.
GDT dairy price index fell 0.6%, hinting softer demand, China supply gains, and potential NZD downside.
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