Euro recovers above 1.1700 as ECB rate hike expectations counter stronger US PPI.Euro recovers above 1.1700 as ECB rate hike expectations counter stronger US PPI

Rupee slides to a fresh low for third straight day on oil hit.The Indian rupee hit a new all-time low for the third consecutive day, driven by soaring crude oil prices and increased dollar demand. Despite government efforts to curb gold imports, the rupee weakened significantly.

USD/JPY Forecast: Japan's Intervention Dilemma Deepens as Fed Outlook Shifts.USD/JPY is once again trading like a rates differential story, particularly at the front-end of the curve. The relationship reasserted itself aggressively following the latest hot US inflation data, helping to explain why the pair is once again pressing up against levels where suspected intervention from Japan's Ministry of Finance took place in recent weeks.

Japan Money Supply M2+CD (YoY) rose from previous 2% to 2.3% in April.Japan Money Supply M2+CD (YoY) rose from previous 2% to 2.3% in April

US President Donald Trump visits China against backdrop of Iran war.US President Donald Trump visits China against backdrop of Iran war

UK house prices fall at fastest pace since 2023 as Iran war hits sentiment.The RICS UK house price balance fell to -34 in April from -25 in March, the weakest reading since November 2023, as Iran war fallout and rising mortgage rate expectations weighed on buyer sentiment.

United Kingdom RICS Housing Price Balance registered at -34%, below expectations (-25%) in April.United Kingdom RICS Housing Price Balance registered at -34%, below expectations (-25%) in April

GBP/JPY Price Forecast: Clears 50-day SMA, yet flatlines below 214.00.GBP/JPY Price Forecast: Clears 50-day SMA, yet flatlines below 214.00

Pound Sterling reverses intraday gains as US PPI and UK political risk weighs.Pound Sterling reverses intraday gains as US PPI and UK political risk weighs

Markets climb wall of inflation worry as AI rally shrugs off the heat.Markets climb wall of inflation worry as AI rally shrugs off the heat

New Zealand Dollar gave back gains as hot US PPI offsets RBNZ expectations rise.New Zealand Dollar gave back gains as hot US PPI offsets RBNZ expectations rise

Australian Dollar retreats from session peak as US PPI print beats sharply.Australian Dollar retreats from session peak as US PPI print beats sharply

Brazil markets rattled by report linking Flavio Bolsonaro to disgraced banker.Brazilian financial markets reeled on Wednesday as traders pointed to a report ​alleging ties between Senator Flavio Bolsonaro and a scandal-plagued banker, ‌with some speculating it could tip the balance of a close presidential race.

Thailand: Targeted subsidies with low debt risk – BNP Paribas.Thailand: Targeted subsidies with low debt risk – BNP Paribas

US Dollar Rebound Falters, But May Seasonality Remains Supportive.The US dollar posted its strongest 2-day rally in six weeks following the US CPI report, although fading momentum across several FX majors suggests the rebound may soon pause. Still, historically bullish May seasonality for the DXY keeps the prospect of another push towards 99 alive.

Rubio wants to China to come to the rescue in Iran war.In a Fox interview Rubio said he hopes to convince China to play a more active role in trying to convince Iran to walk away from what they are doing in the Gulf -

Singapore Dollar: Consolidation with preference to sell rallies – OCBC.Singapore Dollar: Consolidation with preference to sell rallies – OCBC

Fed's Collins expects inflation pressures from Iran war to eventually subside, WSJ reports.Boston Federal Reserve President ​Susan Collins told ‌the Wall Street Journal ​on Wednesday ​that she expects inflation ⁠pressures from ​the Iran war ​to eventually subside and that the ​current shock ​has masked evidence that ‌underlying ⁠inflation is still headed down.

ICYMI - Euro area GDP weakest in 9 quarters, jobs slow, industry falls sharpest in 2 years.Euro area Q1 GDP confirmed at 0.1%Q/Q, the joint-weakest in nine quarters, as industrial output posted its steepest quarterly fall in two years and employment growth slowed sharply. A very bleak day for data from Europe on Wednesday ICYMI.

Natural Gas Price Forecast: Breakout Build Toward Higher Targets.Natural gas consolidates near the 50-day moving average as short-term support holds, with bullish wedge breakout structure pointing toward higher Fibonacci and trend-based targets.

Malaysia: Manageable subsidy costs and resilient funding – BNP Paribas.Malaysia: Manageable subsidy costs and resilient funding – BNP Paribas

Canadian dollar extends daily losing streak as BoC minutes show patience.The Canadian dollar edged lower for ‌a sixth straight day against its U.S. counterpart on Wednesday, as the greenback posted broad-based gains and minutes from the Bank of Canada's latest policy decision showed the central bank was ​content to remain on the sidelines.

ECB's Lane: Current energy shock is unfolding in a less demand-supportive environment.ECB's Lane: Current energy shock is unfolding in a less demand-supportive environment

Economic and event calendar in Asia Thursday, May 14, 2026. Trump in China today..Trump is in China so no doubt we'll get some headlines, 'BIG NEWS coming!", you know the sort of thing, Followed by a nothingburger.

ECB Philip Lane: Oil shock to require rate hikes.ECB Philip Lane: Oil shock to require rate hikes

The Dollar and Metals Are Approaching a Make-or-Break Moment.Today's session feels like one of those pivotal moments where several markets are testing levels that could shape the next major move.

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Retreats As Trump Arrives In China.Oil markets are losing ground as traders focus on the upcoming Trump – Xi meeting.

Global oil shock from Iran war may require ECB hikes, Lane says.A global oil shock from the Iran war may well require the European ​Central Bank to raise interest rates ‌to stop higher fuel costs from spreading to wages, expectations and broader prices, the ECB's chief economist Philip ​Lane said on Wednesday.

BoE's Mann says sterling and gilt moves are key for her rate decisions.Bank of England rate setter Catherine Mann ​on Wednesday said the financial ‌landscape was relevant to future rate decisions, when asked about ​recent moves in the ​gilt market driven by political ⁠drama in London.

Indonesia: Fiscal and debt risks with higher US yields – BNP Paribas.Indonesia: Fiscal and debt risks with higher US yields – BNP Paribas