Russian Ruble: Oil-driven gains seen fading into year-end – Commerzbank.Russian Ruble: Oil-driven gains seen fading into year-end – Commerzbank

Japanese Yen: May weaken toward 160.75 against US Dollar – UOB.Japanese Yen: May weaken toward 160.75 against US Dollar – UOB

Euro holds losses against British Pound despite stronger Germany's Industrial Production data.Euro holds losses against British Pound despite stronger Germany's Industrial Production data

Germany's Industrial Production rises 0.4% MoM in April, as expected.Germany's Industrial Production rises 0.4% MoM in April, as expected

Germany Industrial Production n.s.a. w.d.a. (YoY) climbed from previous -2.8% to -0.5% in April.Germany Industrial Production n.s.a. w.d.a. (YoY) climbed from previous -2.8% to -0.5% in April

Pound-to-Euro Forecast: GBP Steady as German Factory Orders Disappoint.The Pound to Euro (GBP/EUR) exchange rate was little changed at the start of the week as disappointing German industrial data offset pressure on Sterling from rising UK borrowing costs. At the time of writing, GBP/EUR was trading at €1.1575, virtually unchanged on the day.

Indian banks rise on RBI measures to bring in cheaper overseas deposits.Shares of Indian banks rose more than 1% on Tuesday to be the top sectoral gainers, after the central bank issued ​guidelines for a concessional forex swap facility that lenders can ‌tap for overseas borrowings.

A quick US-Iran catchup ahead of European trading today.To put things short, the only notable development was that we saw a US helicopter get shot down in the Strait of Hormuz. As for everything else, they have been what we have seen or heard before in recent weeks or since the start of the conflict.

Euro gains ground to near 1.1550 on ECB rate hike bets.Euro gains ground to near 1.1550 on ECB rate hike bets

China Exports Surge 19.4% as US Trade Truce and Tech Demand Fuel Growth.China's trade sector delivered strong performance in May, with exports rising from 14.1% to 19.4% yoy in US dollar terms, beating expectations of 15%. Imports also accelerated from 25.3% to 27.4%, exceeding forecasts and pointing to continued strength in both external and domestic demand.

US President Donald Trump says he might have a proposal for Iran agreement within days.US President Donald Trump says he might have a proposal for Iran agreement within days

US president Trump says he may have an "idea" on Iran deal within a few days.As things stand, the standoff continues to drag on for longer. As a reminder, this deal has been "very close" and "imminent" for well over two weeks now.

WTI Price Forecast: Sticks to losses below $89.00; bearish setup backs further weakness.WTI Price Forecast: Sticks to losses below $89.00; bearish setup backs further weakness

Netherlands, The Consumer Price Index n.s.a (YoY) meets forecasts (3.5%) in May.Netherlands, The Consumer Price Index n.s.a (YoY) meets forecasts (3.5%) in May

Netherlands, The Consumer Spending Volume up to 1% in April from previous 0.9%.Netherlands, The Consumer Spending Volume up to 1% in April from previous 0.9%

Oil Price Forecast: WTI and Brent Face Pressure Despite Middle East Risk.Oil prices remain under pressure as weak short-term technical signals offset the Middle East risk premium, while WTI and Brent stay volatile near key support areas.

EUR/JPY Price Forecast: Strengthens above 184.50 with bullish tone despite intervention risks.EUR/JPY Price Forecast: Strengthens above 184.50 with bullish tone despite intervention risks

Australian Dollar holds gains against Japanese Yen as China's Trade Balance rises more than expected.Australian Dollar holds gains against Japanese Yen as China's Trade Balance rises more than expected

Australian Dollar remains calm despite strong China Trade Balance data.Australian Dollar remains calm despite strong China Trade Balance data

Swiss Franc steadies as easing safe-haven demand weighs on US Dollar.Swiss Franc steadies as easing safe-haven demand weighs on US Dollar

China Trade Balance USD came in at $105.43B, above forecasts ($92.1B) in May.China Trade Balance USD came in at $105.43B, above forecasts ($92.1B) in May

China Imports (YoY) came in at 27.4%, above forecasts (25%) in May.China Imports (YoY) came in at 27.4%, above forecasts (25%) in May

China's May trade data beat forecasts as exporters rush orders, ride AI wave.China's exports picked up pace in May, as earlier front-loading by overseas buyers to pre-empt Gulf war energy costs fed through to shipments, while steady appetite ​for semiconductors and AI hardware lent additional support.

Twin relief from oil and dollar to prop up rupee at open.The Indian rupee is likely to strengthen at Tuesday's open, aided by cooling oil prices following a pause in ​Iran-Israel hostilities, which in turn pressured the dollar.

Australia NAB Business Confidence Lifts From Deep Lows as RBA Tightening Bites.Australia's NAB Business Confidence Index improved from -23 to -14 in May, recovering from extremely weak levels as concerns over the economic fallout from the Middle East conflict eased. However, confidence remained firmly negative, highlighting ongoing caution among businesses despite signs that the economy has avoided a more severe slowdown.

Canadian Dollar bounces off late March low vs softer USD; weak Oil prices cap gains.Canadian Dollar bounces off late March low vs softer USD; weak Oil prices cap gains

Australian Westpac Consumer Sentiment Falls Back Near Record Lows as Cost-of-Living Pressures Intensify.Australian consumer sentiment deteriorated in June, with the Westpac-Melbourne Institute Consumer Sentiment Index falling -2.9% month-on-month from 83.0 to 80.6. The decline reversed much of May's recovery and left confidence back among the weakest levels recorded in the survey's fifty-year history, highlighting the growing strain on households from higher living costs and rising interest rates.

British Pound consolidates around mid-1.3300s vs USD; upside potential seems limited.British Pound consolidates around mid-1.3300s vs USD; upside potential seems limited

Australia business confidence improves in May but stays deeply negative.The modest confidence improvement offers slim comfort for RBA watchers given the index remains firmly negative across all industries and profitability is the weakest sub-component relative to its long-run average. The drop in capacity utilisation below 82%, the first such reading since early 2025, is consistent with an economy losing momentum and adds to the case for the RBA to maintain an easing bias.

Dollar hovers around two-month high as Iran-Israel truce hangs in balance.The U.S. dollar held near a two-month high on Tuesday, firming against ​most major peers as Middle East uncertainty curbed risk appetite and traders ramped up bets on ‌a Federal Reserve rate hike later this year.