The New Zealand Dollar weakens against the USD near 0.5950 as traders await US Existing Home Sales figures later today. The NZD/USD pair fell to near 0.5950 in early Asian trading on Monday, extending losses despite a hotter-than-expected Chinese Consumer Price Index (CPI)
The yen weakens against the USD amid heightened Iran tensions, though intervention threats cap further losses near 156.50. The USD/JPY pair erased early Asian session losses, climbing back to the 156.50-156.45 range on Monday. Demand for the safe-haven US Dollar (USD) rose
Israeli PM confirms war objectives in Iran remain incomplete, including potential seizure of nuclear material, amid reports of Trump’s stance. Israeli Prime Minister Benjamin Netanyahu stated the conflict with Iran is not over, refusing to dismiss military action to seize
China’s consumer inflation accelerated to 1.2% in April, surpassing expectations and marking the highest level since September 2023. China’s Consumer Price Index increased 1.2% year-over-year in April, up from 1.0% in March, according to official data. The print exceeded t
China’s consumer inflation accelerated to 1.2% in April, surpassing expectations and marking the highest reading since September 2023. China’s Consumer Price Index increased 1.2% year-over-year in April, above the 0.8% consensus estimate and up from March’s 1.0% rise. The
Oil markets rise sharply as President Trump rejects Iran’s peace offer, fueling supply concerns amid geopolitical tensions. Brent crude surged 3.33% to $104.60 per barrel in early Asian trading Monday after President Trump rejected Iran’s response to a U.S.-drafted peace p
China’s consumer prices rose faster than expected in April, signaling potential demand recovery amid economic reopening. China’s consumer price index increased 1.2% year-over-year in April, up from 1.0% in March, the National Bureau of Statistics reported. The print surpas
China's April CPI rises 1.2% year-over-year China's inflation data for April 2026 shows a 1.2% year-over-year increase. The prior print was 0.5%, and the expected rate was 0.8%. The inflation impact on valuations is being eyed by traders, with the PBOC sett
PBOC sets daily reference rate below Reuters estimate, signaling modest depreciation pressure on the yuan. The People’s Bank of China set the USD/CNY reference rate at 6.8467, slightly stronger than Friday’s 6.8502 but weaker than the 6.7988 Reuters estimate. The fix guide
China’s central bank sets the daily yuan reference rate above market expectations, signaling potential depreciation pressure. The People’s Bank of China set the USD/CNY reference rate at 6.8467, compared with a forecast of 6.7988. The yuan is permitted to trade within a 2%
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