Markets Face Twin Tests: US Jobs Data and an Unsigned Iran Deal.Markets enter the new week balancing two major uncertainties: whether a proposed US-Iran ceasefire extension can evolve into a formal agreement, and whether incoming economic data will push the Federal Reserve closer toward another rate hike. Last week, investors aggressively embraced the peace trade.

Canadian Dollar weakens as firmer USD counter recovering Oil prices.Canadian Dollar weakens as firmer USD counter recovering Oil prices

Swiss Franc weakens ahead of Q1 GDP data release.Swiss Franc weakens ahead of Q1 GDP data release

investingLive Asia-Pacific FX news wrap: Oil prices up. Deal elusive, attacks continue..Oil prices climbed at the open and regional sentiment stayed cautious as the Iran-US nuclear framework showed fresh signs of strain, a reported presidential resignation in Tehran rattled confidence in the diplomatic track, and Washington moved to close a year-long loophole that had been quietly feeding China's AI ambitions.

Japan Q1 capex growth stalls at near zero, raising risk of GDP revision lower.Japan's Q1 capital spending rose just 0.047% year on year, sharply missing the 4.0% forecast and slowing from 6.5% in Q4, with an analyst warning the data points to a downward revision to Q1 GDP.

United States Dollar Index gathers strength above 99.00 on US-Iran truce deal uncertainty.United States Dollar Index gathers strength above 99.00 on US-Iran truce deal uncertainty

Rupee poised to slip on oil pangs, heavy portfolio outflows add to strain.The Indian rupee is expected to open slightly weaker on Monday, as a lack of progress in U.S.-Iran peace talks lifted oil prices, while traders also anticipate ​elevated foreign portfolio outflows to weigh on the currency.

China tightens outbound investment rules to curb technology and data transfers.China's State Council has issued sweeping new rules broadening regulatory oversight of outbound investment, covering overseas deals involving Chinese technology, data and national security considerations.

Japan Manufacturing PMI Finalized at 54.1, Strong Growth Despite Rising Cost Pressures.Japan's manufacturing sector delivered another strong performance in May, with PMI Manufacturing finalized at 54.4, slightly down from April's 55.1. The latest reading signaled a fifth straight month of improving business conditions as both output and new orders expanded at historically strong rates.

China PMIs Signal Slower Growth as Export Demand Weakens.China's latest PMI surveys suggest the economy navigated the second quarter with a growing split between domestic and external demand. Manufacturing activity slowed in May while services improved, indicating that consumer spending at home is helping offset mounting pressure from weaker overseas markets.

Australian Dollar firms against Japanese Yen following China's RatingDog Manufacturing.Australian Dollar firms against Japanese Yen following China's RatingDog Manufacturing

New Zealand Dollar holds losses below 0.6000 despite upbeat Chinese Manufacturing PMI data.New Zealand Dollar holds losses below 0.6000 despite upbeat Chinese Manufacturing PMI data

U.S.-Iran Talks, BoJ Intervention Risk, and Jobs Data in Focus.The shorter trading week, due to U.K. and U.S. holidays, had no major economic releases, but the data that did come out was mixed. U.S. GDP was weaker than expected, while durable goods orders were stronger than forecast.

51.8: China's RatingDog Manufacturing PMI climbs stronger than expected in May.51.8: China's RatingDog Manufacturing PMI climbs stronger than expected in May

WTI rises toward $89.00 as Israeli troops advance into Lebanon.WTI rises toward $89.00 as Israeli troops advance into Lebanon

RBI policy decision, growth data in focus for Indian rupee and bonds.The Indian rupee and government bonds this week will hinge on the run-up to the central bank's high-stakes monetary policy decision, as the Iran war intensifies risks to India's growth and inflation outlook by keeping energy prices stubbornly high

British Pound holds steady near 1.3450 amid US-Iran deal uncertainty.British Pound holds steady near 1.3450 amid US-Iran deal uncertainty

Euro declines as market caution lifts USD.Euro declines as market caution lifts USD

Japan manufacturing PMI eases to 54.5 in May. Cost pressures hit 32-month high.Japan's S&P Global Manufacturing PMI eased to 54.5 in May from April's 51-month high of 55.1, with input costs and selling prices rising at rates rarely seen in over 24 years of data.

Dollar steadies as markets await signals on Iran war, central banks.The U.S. dollar held steady on Monday after a weekly loss as markets awaited the results of peace talks in the Middle East and signals on the timing of central bank rate hikes.

South Korea S&P Global Manufacturing PMI climbed from previous 53.6 to 54.8 in May.South Korea S&P Global Manufacturing PMI climbed from previous 53.6 to 54.8 in May

US President Donald Trump seeking edits to US-Iran deal.US President Donald Trump seeking edits to US-Iran deal

Rising stablecoin use could cement dollar dominance, ECB's Schnabel says.The increased use of stablecoins could reinforce the dollar's global dominance, undermine some nations' ability to set monetary policy and even diminish ​the role of the euro, European Central Bank board member Isabel ‌Schnabel said on Monday.

Japan Capital Spending Q1: 0.0% y/y (expected 4.0%, prior 6.5%).Flat capex in Q1 the headline data point, Disappointing. Japan Capital Spending Ex Software Q1: -1.4% y/y expected 5.4%, prior 7.3% Japan Company Sales Q1: 1.1% y/y prior 0.7% Japan Company Profits Q1: 14.6% y/y expected 5.3%, prior 4.7% I'll have more to come on this separately, details etc.

UK businesses remain deeply downbeat on outlook despite slight mood lift in May.UK business confidence remains deeply negative, CBI and IoD surveys show, with output expectations well below pre-Iran-war levels and Middle East tensions adding fresh cost pressure on firms.

Australia manufacturing PMI slips to 50.7 in May as new orders hit seven-month low.Australia's S&P Global Manufacturing PMI eased to 50.7 in May from 51.3 in April, with new orders falling at the steepest pace since October and selling price inflation hitting a 45-month high.

Australia S&P Global Manufacturing PMI came in at 50.7, above expectations (50.2) in May.Australia S&P Global Manufacturing PMI came in at 50.7, above expectations (50.2) in May

China's NBS Manufacturing PMI eases to 50.0 in May, Non-Manufacturing PMI rises to 50.1.China's NBS Manufacturing PMI eases to 50.0 in May, Non-Manufacturing PMI rises to 50.1

Iran's president resigns, says IRGC seized control and cut him out of decisions.Iranian President Pezeshkian has resigned (media sources), telling Supreme Leader Khamenei the IRGC had seized control of all major decisions and rendered elected civilian government unworkable.

Oil News: Weekly Oil Outlook Hinges on OPEC Cuts and Demand Recovery.Crude oil faces a pivotal week as OPEC+ weighs output cuts, gasoline demand comes into focus, and inventory data tests the bullish oil outlook.