ECB poised for 'insurance hike' as Iran war fans euro zone inflation.The European Central Bank is all but certain to raise interest rates on Thursday ​in the hope of nipping higher inflation in the bud before a surge in energy costs triggered by the Iran war spreads ‌more broadly across the euro zone economy.

Natural Gas Price Forecast: Outside Day Signals Reversal Risk.Natural gas formed a key outside day near support, with price action testing moving averages and trendline support, raising potential for either bullish reversal or renewed weakness.

ECB Preview: Another Rate Hike May Support the Euro.The European Central Bank is widely expected to raise interest rates by 25 basis points this week, with policymakers increasingly concerned about inflation risks linked to higher energy prices. According to ABN AMRO, ECB President Christine Lagarde has already signalled that June would be the "right time to assess" the impact of the Iran.

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Gains Ground As Trump Says U.S. Will Hit Iran Hard.Oil markets moved higher as traders focused on rising geopolitical tensions.

Euro trades muted ahead of expected ECB rate hike.Euro trades muted ahead of expected ECB rate hike

USD/JPY Price Forecast: US Dollar holds above 160 as RSI nears overbought, BoJ risk looms.USD/JPY Price Forecast: US Dollar holds above 160 as RSI nears overbought, BoJ risk looms

Swiss Franc eases as traders weigh US inflation data and geopolitical risks.Swiss Franc eases as traders weigh US inflation data and geopolitical risks

“More than 100 million barrels of Oil moved through Strait of Hormuz”: US President Trump briefs on Hormuz.“More than 100 million barrels of Oil moved through Strait of Hormuz”: US President Trump briefs on Hormuz

United States Monthly Budget Statement came in at $-293B, below expectations ($-275B) in May.United States Monthly Budget Statement came in at $-293B, below expectations ($-275B) in May

Trump threatens heavy Iran strikes as Tehran defies pressure.Trump threatens heavy Iran strikes as Tehran defies pressure

Bessent: US disrupts procurement networks that support Iran.arlier Pres. Trump said that the US will be attacking Iran hard and that they have the right to resume attacks on Iran even there drone shooting of an Apache helicopter.

ECB Set to Raise Rates as Inflation Risks Keep Door Open to Further Tightening.An expected rate hike on Thursday may not necessarily mark the end of the story as policymakers balance ongoing geopolitical uncertainties against signs that inflation expectations are drifting higher.

U.S. Treasury auctions off $39 billion of 10 year notes at a high yield of 4.538%.The only negative was that the domestic buyers were much less than the average. The international buyers made up for the shortfall and the dealers were saddled with less than the average which is indicative of solid demand.

U.S. Dollar Moves Lower As CPI Meets Estimates: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY.The American currency is losing ground as Inflation Rate increased from 3.8% to 4.2%.

BoC recap: Rates unchanged as Macklem signals policy patience.BoC recap: Rates unchanged as Macklem signals policy patience

The US treasury to auction 10 year notes. Why is it so important?.The US treasury will auction off $39 billion of 10 year notes at the top of the hour. The current 10 year yield is at 4.534%.

Putin signals key rate cuts as his central banker is on sick leave.Russian President Vladimir Putin told top officials on Wednesday that ​there are grounds to expect a cut in the central bank's key interest rate when it ‌meets next week, and praised the monetary policy of central bank chief Elvira Nabiullina, who was absent from the meeting due to illness.

Canadian Dollar struggles for direction as Bank of Canada keeps interest rates unchanged.Canadian Dollar struggles for direction as Bank of Canada keeps interest rates unchanged

WTI Crude Oil climbs as Trump warns Iran, EIA reports deeper US stock draw.WTI Crude Oil climbs as Trump warns Iran, EIA reports deeper US stock draw

Russia Consumer Price Index (MoM) meets forecasts (0.2%) in May.Russia Consumer Price Index (MoM) meets forecasts (0.2%) in May

British Pound hovers near 1.3400 as hot US CPI weighs on the USD.British Pound hovers near 1.3400 as hot US CPI weighs on the USD

Australian Dollar loses ground for fourth day as NAB forecasts future RBA rate cuts.Australian Dollar loses ground for fourth day as NAB forecasts future RBA rate cuts

Denmark: Core inflation rise as headline stays below Euro area – Nordea.Denmark: Core inflation rise as headline stays below Euro area – Nordea

Euro steadies as markets digest US inflation data and await ECB decision.Euro steadies as markets digest US inflation data and await ECB decision

Japanese Yen: Bearish outlook against USD as BoJ hike priced – Scotiabank.Japanese Yen: Bearish outlook against USD as BoJ hike priced – Scotiabank

Bank of Canada Holds, Signals Balancing Risks from Oil Prices and Trade .The Bank of Canada (BoC) held its policy rate at 2.25%, noting that maintaining the current setting “balances” the competing risks of economic weakness and rising inflation.

US Dollar: Uptrend seen intact into FOMC – TD Securities.US Dollar: Uptrend seen intact into FOMC – TD Securities

Crude Oil Price Analysis – Crude Oil Continues to Grind Back and Forth.Until the situation in the Middle East settles down a bit, I think it will be difficult to see oil completely fall apart. The supply chain will continue to be an issue going forward.

Mexican Peso: Softer carry but relative support – Rabobank.Mexican Peso: Softer carry but relative support – Rabobank

Natural Gas Price Analysis – Natural Gas Rallies Early on Wednesday.Natural gas bounces slightly in early trading on Wednesday, as we continue to see a lot of noisy back-and-forth action here.