Italy’s industrial output growth slowed to 1.3% in April, signalling cooling momentum and prompting hedging strategies.
Italy’s industrial output jumped 0.5% in April, boosting Eurozone optimism and supporting Italian equities, euro.
Dollar slips ahead of US CPI; traders cautious as inflation may reaccelerate, shaping Fed rate expectations.
GBP/USD stays pressured; momentum slows, but 1.3300/1.2700 breaks could extend losses; resistance caps rallies.
EUR/USD edges higher but stays near two-month lows; Middle East tensions and US CPI bolster dollar, downside risk.
Tech led a sharp sell-off, then rebounded; broader market strengthened as investors rotated into defensive sectors.
EUR/GBP steady near 0.8625 as markets await ECB hike; BoE cautious, UK GDP may sway expectations.
Markets subdued ahead of US May CPI and BoC decision, as geopolitical tensions and currency moves keep traders cautious.
EUR/JPY nears 185.30 as ECB rate hike looms; guidance key, while rising Japan PPI fuels BoJ volatility.
UOB expects USD/JPY to stay range-bound near term, mildly bullish toward 160.75 amid rate divergence.
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