NZD/USD can’t catch a break ahead of the RBNZ
It is RBNZ day in the Asian session and the kiwi is quiet ahead of
Singapore: Did inflation peak in April? – UOB
Barnabas Gan, Economist at UOB Group, comments on the results of inflation figures in Singapore.
Gold Price Forecast: XAUUSD recovery is still on shaky ground – TDS
Gold remains underpinned near $1,860 as growing economic concern is breathing life into the gold
EUR/USD: Neutral bias, to move in the 1.03/1.11 range – MUFG
A break lower in the EUR/USD pair to new lows remains plausible in a scenario
Commodities go back to the 70s, repeating the same stagflation trade – Deutsche Bank
How should investors position for stagflation? Economists at Deutsche Bank can already see similar patterns
UK Preliminary Services PMI plunges to 51.8 in May vs. 57.3 expected
UK Manufacturing PMI drops to 54.6 in May, misses estimates. Services PMI in the UK
RBA Ellis rehashes the board minutes and says there will be more rate rises from here
RBA assistant governor for economics Luci Ellis on Wednesday has addressed the Urban Development Institute
Germany’s DIHK lowers 2022 GDP forecast, sees inflation at 7%.
Germany’s Chambers of Industry and Commerce (DIHK) on Tuesday lowered the country’s 2022 GDP growth
China COVID lockdowns keep markets on edge
Beijing has continued its quarantine to end its month-old COVID outbreak, while in Shanghai, authorities plan to
EUR/USD Price Analysis: Pullback from monthly top remains elusive above 1.0710
EUR/USD snaps two-day uptrend near one-month high, renews intraday low. Previous resistance from March limits