US Treasury Secretary Bessent to Hold Brief Talks in Japan and South Korea
US Treasury Secretary Bessent is scheduled to depart on Monday for brief diplomatic discussions in Japan and South Korea. The talks are expected to focus on economic and financial cooperation between the nations.
Qatari and Saudi Foreign Ministers Discuss Regional De-escalation Efforts
The Qatari Prime Minister and Saudi Foreign Minister held talks focused on reducing regional tensions to enhance security. Their discussions aim to promote stability in the region amid ongoing challenges.
Qatari and Saudi Foreign Ministers Discuss Ceasefire Developments Between US and Iran
The Qatari Prime Minister held talks with the Saudi Foreign Minister regarding recent developments in the ceasefire between the United States and Iran. The discussion highlights ongoing diplomatic efforts in the region. This could impact geopolitical dynamics in the Middle East.
EUR/USD weekly outlook: US-Iran and oil prices remains in focus
This weekly EUR/USD outlook article was written after the London close but before the close of play on Friday, and it was therefore subject to some potential volatility before the weekend. At the time of writing, the EUR/USD was trading near its session highs and was on track to post its second consecutive weekly gain after climbing back on Friday, despite the wobble on Thursday when the US and Iran exchanged strikes in the Strait of Hormuz.
Oil Markets Remain Tense as Iran Delays Strait of Hormuz Deal
Iran's lack of response to a US proposal to end the conflict and reopen the Strait of Hormuz is keeping global oil markets under strain. Saudi Aramco's CEO warned that even if the strait reopens soon, market recovery could take months, with potential disruptions extending until 2027.
GBP/USD Weekly Forecast: Return to Higher Ground and Test of Sustainability - 10 May 2026
The GBP/USD finished this past week showing it had the capability of sustaining a higher realm going into this weekend near the 1.36275 mark.
Mixed Weekend Market Performance with Minor Movements in Major Indices and EUR/USD
Major global stock indices showed slight fluctuations over the weekend, with the NASDAQ and Hang Seng posting modest gains while others experienced minor declines. The EUR/USD currency pair remained virtually unchanged, indicating limited forex market volatility during this period.
AUD/USD Outlook: Aussie Buoyant Ahead of Trump-Xi Summit
AUD/USD enters the new week near three-year highs, supported by broad risk appetite, bullish futures positioning and hopes tensions between the US and China may continue to thaw. While Australian economic data is unlikely to be a major volatility driver, traders will closely monitor US inflation reports, the Trump-Xi summit in Beijing and geopolitical risks surrounding Iran and the Strait of Hormuz.
RBA Interest Rate Forecast: Oil, Inflation and China Shape AUDUSD and ASX 200
The RBA's higher-rate stance, oil-driven inflation risks, and China's weak recovery are shaping the outlook for AUDUSD and the ASX 200 as markets weigh sticky inflation against slower growth.
Mizuho Pound to Dollar Exchange Rate Forecast: June 2026 GBP/USD Tipped at 1.30
The Pound to Dollar (GBP/USD) exchange rate found support below 1.32 in April and has rallied to 1.36 amid a combination of higher UK yields and a weaker US dollar. Mizuho expects the dollar will regain ground as market fears return while it is sceptical that UK resilience can be sustained.