Swiss Q1 GDP Beats Expectations as Manufacturing Drives Growth.Switzerland's economy expanded faster than expected in the first quarter, with GDP excluding sporting events rising from 0.2% qoq to 0.7% qoq, well above the 0.5% qoq consensus forecast. On a sport-adjusted basis, GDP accelerated from 0.2% qoq to 0.4% qoq.

Euro flat lines near 1.1650 vs USD as ECB hike bets offset hawkish Fed and geopolitics.Euro flat lines near 1.1650 vs USD as ECB hike bets offset hawkish Fed and geopolitics

Canadian Dollar: Recovery doubts delay BoC hikes – Commerzbank.Canadian Dollar: Recovery doubts delay BoC hikes – Commerzbank

Australia RBA Commodity Index SDR (YoY) up to 16.8% in May from previous 15.7%.Australia RBA Commodity Index SDR (YoY) up to 16.8% in May from previous 15.7%

Sweden Manufacturing PMI increased to 57.3 in May from previous 57.2.Sweden Manufacturing PMI increased to 57.3 in May from previous 57.2

ECB's Schnabel Strengthens Case for June Hike as Inflation Expectations Risk Becoming Unanchored.ECB Executive Board member Isabel Schnabel reinforced her hawkish stance on Monday, arguing that policymakers can no longer treat the inflation impact of the Iran conflict as a temporary shock. Speaking at a conference in Seoul, Schnabel said, “We can no longer look through this shock,” warning that “the risk of de-anchoring inflation expectations is rising.

FX Futures Positioning: US Dollar Bulls Return, Yen Bears Tease MOF.US dollar sentiment improved for a second consecutive week, with futures traders increasing bullish exposure and asset managers lifting net-long positions to a 15-month high. At the same time, Japanese yen bears continued to add short exposure as USD/JPY edged back towards levels associated with Ministry of Finance intervention.

US Manufacturing Activity is Holding Up.In the US, ISM Manufacturing index will be released for May. Regional Fed indices are pointing towards another uptick despite the energy supply uncertainty.

USD/JPY Price Forecast: Yen languishes amid growing BoJ rate hike uncertainty.USD/JPY Price Forecast: Yen languishes amid growing BoJ rate hike uncertainty

Chinese Yuan Steady as China Manufacturing PMI Slips to Neutral Growth Level.The Chinese Yuan traded in a relatively stable fashion on Monday after China's official manufacturing PMI slipped back to the critical 50.0 level in May, highlighting signs that economic momentum continues to soften despite ongoing strength in export-oriented industries. China's official manufacturing Purchasing Managers'.

US President Donald Trump says Iran really wants to make a deal.US President Donald Trump says Iran really wants to make a deal

WTI US Oil Price Forecast: Rises to near $88.50 as Kuwait under attack, uptrend remains intact.WTI US Oil Price Forecast: Rises to near $88.50 as Kuwait under attack, uptrend remains intact

Indian Rupee extends gains at the start of RBI policy week.Indian Rupee extends gains at the start of RBI policy week

EUR/JPY Price Forecast: Edges lower from upper descending channel top around 186.00.EUR/JPY Price Forecast: Edges lower from upper descending channel top around 186.00

Who needs oil when there's AI to buy?.A look at the day ahead in European and global markets from Wayne Cole.

Markets Face Twin Tests: US Jobs Data and an Unsigned Iran Deal.Markets enter the new week balancing two major uncertainties: whether a proposed US-Iran ceasefire extension can evolve into a formal agreement, and whether incoming economic data will push the Federal Reserve closer toward another rate hike. Last week, investors aggressively embraced the peace trade.

Canadian Dollar weakens as firmer USD counter recovering Oil prices.Canadian Dollar weakens as firmer USD counter recovering Oil prices

Swiss Franc weakens ahead of Q1 GDP data release.Swiss Franc weakens ahead of Q1 GDP data release

investingLive Asia-Pacific FX news wrap: Oil prices up. Deal elusive, attacks continue..Oil prices climbed at the open and regional sentiment stayed cautious as the Iran-US nuclear framework showed fresh signs of strain, a reported presidential resignation in Tehran rattled confidence in the diplomatic track, and Washington moved to close a year-long loophole that had been quietly feeding China's AI ambitions.

Japan Q1 capex growth stalls at near zero, raising risk of GDP revision lower.Japan's Q1 capital spending rose just 0.047% year on year, sharply missing the 4.0% forecast and slowing from 6.5% in Q4, with an analyst warning the data points to a downward revision to Q1 GDP.

United States Dollar Index gathers strength above 99.00 on US-Iran truce deal uncertainty.United States Dollar Index gathers strength above 99.00 on US-Iran truce deal uncertainty

Rupee poised to slip on oil pangs, heavy portfolio outflows add to strain.The Indian rupee is expected to open slightly weaker on Monday, as a lack of progress in U.S.-Iran peace talks lifted oil prices, while traders also anticipate ​elevated foreign portfolio outflows to weigh on the currency.

China tightens outbound investment rules to curb technology and data transfers.China's State Council has issued sweeping new rules broadening regulatory oversight of outbound investment, covering overseas deals involving Chinese technology, data and national security considerations.

Japan Manufacturing PMI Finalized at 54.1, Strong Growth Despite Rising Cost Pressures.Japan's manufacturing sector delivered another strong performance in May, with PMI Manufacturing finalized at 54.4, slightly down from April's 55.1. The latest reading signaled a fifth straight month of improving business conditions as both output and new orders expanded at historically strong rates.

China PMIs Signal Slower Growth as Export Demand Weakens.China's latest PMI surveys suggest the economy navigated the second quarter with a growing split between domestic and external demand. Manufacturing activity slowed in May while services improved, indicating that consumer spending at home is helping offset mounting pressure from weaker overseas markets.

Australian Dollar firms against Japanese Yen following China's RatingDog Manufacturing.Australian Dollar firms against Japanese Yen following China's RatingDog Manufacturing

New Zealand Dollar holds losses below 0.6000 despite upbeat Chinese Manufacturing PMI data.New Zealand Dollar holds losses below 0.6000 despite upbeat Chinese Manufacturing PMI data

U.S.-Iran Talks, BoJ Intervention Risk, and Jobs Data in Focus.The shorter trading week, due to U.K. and U.S. holidays, had no major economic releases, but the data that did come out was mixed. U.S. GDP was weaker than expected, while durable goods orders were stronger than forecast.

51.8: China's RatingDog Manufacturing PMI climbs stronger than expected in May.51.8: China's RatingDog Manufacturing PMI climbs stronger than expected in May

WTI rises toward $89.00 as Israeli troops advance into Lebanon.WTI rises toward $89.00 as Israeli troops advance into Lebanon