Natural Gas Price Analysis – Natural Gas Continues to Rise.Natural gas continues to elevate on Wednesday, as we continue to see a lack of demand, but in the short term, we have hotter weather in the USA that will have an influence here.

Bond markets are imploding: Central concern for markets.The US 30-year Treasury yield briefly climbed to 5.20% today, its highest level since 2007, before retreating modestly alongside softer oil prices. But the broader trend remains troubling.

EUR/USD, GBP/USD and USD/JPY Forecasts – US Dollar Slows Down on Wednesday.US rates have dropped a bit early to give some relief to other currencies.

Japanese Yen : Intervention risks rise near 160 versus US Dollar – OCBC.Japanese Yen : Intervention risks rise near 160 versus US Dollar – OCBC

investingLive European markets wrap: A little risk respite as Nvidia earnings eyed.It was another quiet session but defined by a steadier risk mood in markets for the most part. That comes after the more defensive risk tone in the earlier half of the week.

WTI Oil holds gains above $102.00 with the US-Iran ceasefire on edge.WTI Oil holds gains above $102.00 with the US-Iran ceasefire on edge

Japanese Yen steadies as robust Japan growth, Fed hawkish risks offset.Japanese Yen steadies as robust Japan growth, Fed hawkish risks offset

British Pound: Softer UK inflation weighs on Pound – BBH.British Pound: Softer UK inflation weighs on Pound – BBH

US Dollar Index Price Forecast: Journey towards 100.00 remains intact amid hawkish Fed bets.US Dollar Index Price Forecast: Journey towards 100.00 remains intact amid hawkish Fed bets

US Dollar: Fed minutes to clarify hawkish momentum – TD Securities.US Dollar: Fed minutes to clarify hawkish momentum – TD Securities

South Africa Retail Sales (YoY): 2.6% (March) vs 1.6%.South Africa Retail Sales (YoY): 2.6% (March) vs 1.6%

United States MBA Mortgage Applications down to -2.3% in May 15 from previous 1.7%.United States MBA Mortgage Applications down to -2.3% in May 15 from previous 1.7%

Russia's oil and gas revenue seen up 39% y/y in May thanks to Iran war.Russia's state oil and gas revenues, which account for around a fifth of total budget income, are set to ​rise by 39% year on year in May to ​700 billion roubles ($9.8 billion), thanks to a global oil price ⁠rally fuelled by the war in Iran, Reuters calculations showed on ​Wednesday.

Canadian Dollar: Softer CPI trims BoC hike odds – Deutsche Bank.Canadian Dollar: Softer CPI trims BoC hike odds – Deutsche Bank

Germany 10-y Bond Auction: 3.16% vs 3.08%.Germany 10-y Bond Auction: 3.16% vs 3.08%

US Dollar: Yield momentum supported by FOMC signals – MUFG.US Dollar: Yield momentum supported by FOMC signals – MUFG

Euro remains stronger against Canadian Dollar as oil prices ease.Euro remains stronger against Canadian Dollar as oil prices ease

Yields Boosting the Dollar.The US dollar is gaining ground on the back of increasingly hawkish expectations for the Fed's rate hikes, pushing up bond yields as investors scale back expectations of a swift end to the conflict in the Middle East. The Strait of Hormuz is closed, and global oil reserves are dwindling.

United Kingdom: Softer inflation but policy risks – Rabobank.United Kingdom: Softer inflation but policy risks – Rabobank

Eurozone Inflation Accelerates to 3.0% as Energy Costs Push Headline Higher.Eurozone inflation accelerated in April as rising energy prices pushed headline CPI higher, though underlying core inflation pressures eased modestly. Final data showed Eurozone CPI rose from 2.6% yoy to 3.0% yoy.

First Light News: The Middle East Conflict Keeps Oil and Yields Elevated.The Middle East conflict remains the dominant market driver, with President Trump threatening another ‘big hit' to push Iran back to the negotiating table and to reopen the Strait of Hormuz.

Brent: Oil holds above 110 as Strait risk persists – Deutsche Bank.Brent: Oil holds above 110 as Strait risk persists – Deutsche Bank

India central bank's daily $1 billion FX defence struggles to turn rupee tide, bankers say.The Reserve ​Bank of India's daily currency market intervention, estimated at about $1 billion, per four bankers, is slowing but ‌not halting the rupee's slide, with the currency hitting a string of record lows under pressure from high oil prices and surging U.S. Treasury yields.

British Pound flatlines against the Japanese Yen, amid soft UK CPI data.British Pound flatlines against the Japanese Yen, amid soft UK CPI data

US dollar rises as hawkish Fed expectations lift Treasury yields.The US dollar maintained its upward momentum early Wednesday after outperforming major global currencies in the previous session, supported by rising US Treasury bond yields and growing expectations of tighter Federal Reserve policy. Investors are now closely watching the US Treasury's 20-year note auction later in the day, along with the release of minutes from the Federal Reserve's April policy meeting, for further direction on interest rates and inflation.

South Africa Consumer Price Index (MoM) climbed from previous 0.6% to 1.1% in April.South Africa Consumer Price Index (MoM) climbed from previous 0.6% to 1.1% in April

South Africa Consumer Price Index (YoY) above forecasts (3.9%) in April: Actual (4%).South Africa Consumer Price Index (YoY) above forecasts (3.9%) in April: Actual (4%)

Pound-to-Euro Forecast: GBP Flat as UK Jobs Data Misses Forecasts.The Pound to Euro (GBP/EUR) exchange rate traded sideways on Tuesday as weaker-than-expected UK labour market data kept Sterling subdued, while the Euro also struggled for direction amid a firmer US Dollar. At the time of writing, GBP/EUR was trading around €1.1520, broadly unchanged on the session.

USD/JPY Price Forecast: Hovers around 159.00 near descending channel top.USD/JPY Price Forecast: Hovers around 159.00 near descending channel top

Canadian Dollar: Inflation cools BoC expectations – Commerzbank.Canadian Dollar: Inflation cools BoC expectations – Commerzbank