Recent headlines from the sources AlphaScala monitors. AlphaScala analysis is published in the main market section.
The dollar firmed after the US rejected Iran’s counter-proposal, pushing EUR/USD toward $1.1745 before a 2.1 bln euro option expiry at $1.1750 anchored spot. US 10-year yields rose 3 bp to 4.39% ahead of Tuesday’s CPI.
EUR/USD trades toward 1.1850 resistance while Brent crude defends 96.50 support, as Iran proposal headlines override an expected inflation uptick.
Oil-driven import costs continue to pressure the rupee, and upcoming domestic inflation data will dictate whether the RBI can stay on hold or must respond to price pressures.
Oil-driven rupee slide splits the read: HDFC Bank (38) faces bond headwinds, Infosys (57) gets a translation boost. Next catalyst: RBI stance, Iran.
Local election losses for Labour raise questions about policy continuity and the BoE's rate path, with the next inflation print now a key trigger for GBP/USD.
Private-sector members of Japan’s key economic panel warned that smaller firms face funding strains from Middle East turmoil, complicating the BOJ’s rate normalization path.
India's PM Modi urges citizens to conserve foreign exchange as soaring oil prices strain the rupee and deplete FX reserves, prompting speculation about import curbs or NRI bond schemes.
Megan Greene warns the Iran energy shock has shifted UK inflation risks entirely to the upside, complicating the BoE's rate path and sterling's direction.
The failed US-Iran peace deal sent Brent and WTI crude up more than 5%, boosting the dollar as traders reassess inflation risks ahead of Tuesday's US CPI report.
Even without a trade deal, the real FX mover is whether Trump can secure Xi’s help on Iran. That outcome would shape oil, dollar flows, and USD/CNH through the week.
WTI’s two-week chart shows rejection below $120 and defense at $76, with a hold above $97. US-Iran talks remain misaligned, keeping supply risk elevated and supporting CAD, NOK against energy importers.
Price rejections at $120 and $76 frame a bullish bias, but US-Iran diplomatic misalignment keeps supply risk elevated. Next catalyst: talks progress or escalation.
Brent crude surges 6% after Trump rejects Iran's counterproposal, reversing EUR/USD gains and pushing German 10Y yields back toward 3%. US CPI and Trump-Xi summit loom as next catalysts.
US crude reclaimed $100 while the Kospi surged 4.5% to a record and the Nasdaq added 2.35%, as AI investor appetite shrugged off Iran supply risks. The real transmission is through yields and the dollar ahead of Wednesday’s US CPI.
Brent crude surged above $105 after Iran rejected the US proposal, lifting the dollar. The Trump-Xi summit on May 13-15 now becomes the next macro catalyst.
The Indian rupee’s trade-weighted depreciation reaches up to 25% over 12 months, pressuring import costs while benefiting IT exporters. Next RBI policy signal now critical.
China's $88bn monthly surplus, three times the pre-pandemic norm, is funding infrastructure and green tech investment. The real payoff is a rising role for the renminbi.
Outgoing VP Luis de Guindos told the FT that the ECB should be cautious about raising rates next month, citing weakening growth, a signal that could cap euro gains.
Reserve Bank of India likely sold dollars Monday as a renewed surge in crude prices risks widening the current account deficit and stoking inflation, three traders said. Next catalyst: the upcoming trade data.
Producer prices leapt 2.8% in April, a 45-month high, as Iran’s war disruption forces cost-push inflation onto China, squeezing Beijing’s monetary room as Trump rejects Tehran’s peace terms.
Fading Iran deal optimism sends crude higher, pressuring the Indian rupee as import costs rise. The move exposes USD/INR to a fresh leg up if Brent sustains gains.
China's 21.6% car sales drop and 111.8% EV export surge send conflicting balance-of-payments signals to the yuan, with the trade balance and oil's hold above $99.80 as the next catalysts.
Trump calls Iran's 14-point counter 'TOTALLY UNACCEPTABLE'; Brent's symmetrical triangle targets a measured move to 135-140 as war risk re-prices.
China's April PPI jumped 2.8% year-on-year, a 45-month high and well above forecasts, while CPI rose 1.2%, as Iran war energy costs end a 41-month deflationary streak.
PPI jumps to 2.8%, a 45-month high, as CPI hits 1.2%, ending China's disinflation. The yuan strengthens on fading rate-cut bets, but energy-driven cost-push risk tempers the reflation trade.
June WTI crude’s $99.80 pivot is the line that decides whether the dollar gets a rate-cut tailwind or an inflation headwind this week.
Strong U.S. jobs data and a fragile U.S.-Iran ceasefire drive demand for the safe-haven dollar, with the next catalyst being the Iran situation or upcoming data.
China CPI seen at 0.8%–1.0% y/y, PPI at 1.5%–1.9%, as Iran war feeds factory-gate costs. Monday's release tests margin pass-through.
Share futures slipped in Asia as the deadlock effectively closes the Strait of Hormuz, threatening oil supply and stoking inflation fears that boost the dollar.
Exports surged 14.1% to $359.4bn as buyers stockpiled before Iran war costs hit. The surplus and energy import surge shift rate differentials and commodity FX.