Natural Gas and Oil Forecast: Dip Buyers Step In – Can WTI Hold $63 and Push Higher?.Dip buyers support WTI near $63 as inventories fall and trend support holds, with traders watching whether oil can regain momentum toward $66.

Crude Oil – 05.02.2026.Oil managed to hit the target of 66.15 last Friday. The market opened with a downward gap as the U.S. stopped the attack on Iran for now.

USD/JPY – 05.02.2026.Prices managed to fall below the support of 153.50-60 which could push for a further drop to test the 150.70-90 support trend which could lead to a rebound. The uptrend wave is still ongoing towards 160.20, as long as the market remains above 150.70-90.

Japan PM Takaichi's reflationist aide calls for fiscal discipline.Japan must avoid ramping up fiscal spending in a way that fuels inflation and forces the central bank to raise interest rates rapidly, Toshihiro Nagahama, a government panel member known as an economic aide to premier Sanae Takaichi, said on Thursday.

Tech Rout Broadens, Euro and Sterling Offered into ECB, BoE Verdicts.The heavy software selloff triggered Tuesday by news that Anthropic is rolling out a new tool to handle legal and research work spilled over into the broader tech sector yesterday. Big Tech and semiconductors pulled back aggressively, sending the Nasdaq 100 below two key levels: its 100-DMA and the psychological 25K support.

ECB and Bank of England Likely to Hold the Line.In the euro area, we expect the ECB to leave the deposit rate unchanged at 2.00% in line with consensus and market pricing. Lagarde is likely to face questions on the recent strengthening of the euro but provide a neutral answer, not highlighting any target level.

German Factory Orders climb by 7.8% MoM in December vs. -2.2% expected.German Factory Orders climb by 7.8% MoM in December vs. -2.2% expected

AUD/JPY retraces to near 109.00 as Yen rebounds, outlook remains upbeat.AUD/JPY retraces to near 109.00 as Yen rebounds, outlook remains upbeat

EUR/JPY Price Forecast: Positive outlook remains intact near 185.00, all eyes on ECB rate decision.EUR/JPY Price Forecast: Positive outlook remains intact near 185.00, all eyes on ECB rate decision

Deepening AI Anxiety Hits Sentiment; ECB and BoE in Focus.Risk-off sentiment intensified in US tech sector overnight, with another down day in the NASDAQ. The move reflected growing unease rather than a single catalyst, as investors continue to reassess the implications of artificial intelligence for earnings, valuations, and capital discipline.

GBP/JPY moves away from 18-year peak, hangs above mid-213.00s as traders await BoE.GBP/JPY moves away from 18-year peak, hangs above mid-213.00s as traders await BoE

The central bank bonanza returns in European trading today.That will at least keep things interesting on the economic calendar in the session ahead. The BOE decision will be up first at 1200 GMT with a 7-2 vote in favour of keeping the bank rate unchanged at 3.75% expected.

Dollar Index (DXY) Progressing Toward Final Stages of Wave 5.The Dollar Index (DXY) continues to unfold from the September 2022 peak as a five‑wave cycle, with the structure now approaching the conclusion of wave ((5)). Wave ((4)) of this impulse move ended at 100.395 on November 21, 2025, after which the Dollar resumed its decline.

Singapore Retail Sales (MoM): -5.4% (December) vs previous 0%.Singapore Retail Sales (MoM): -5.4% (December) vs previous 0%

Rupee rises 7 paise to 90.40 against the US dollar in early trade.The rupee edged higher by 7 paise to 90.40 against the US dollar in early trade, as corporate demand for the greenback surfaced. Investors are now awaiting official confirmation of the India-US trade deal and cues from the Reserve Bank of India's upcoming interest rate decision.

Indonesia Gross Domestic Product (QoQ) came in at 0.86%, above forecasts (0.68%) in 4Q.Indonesia Gross Domestic Product (QoQ) came in at 0.86%, above forecasts (0.68%) in 4Q

Indonesia Gross Domestic Product (YoY) came in at 5.39%, above expectations (5.01%) in 4Q.Indonesia Gross Domestic Product (YoY) came in at 5.39%, above expectations (5.01%) in 4Q

Oil Price Forecast: Volatility Rises as Iran and Venezuela Fuel Supply Anxiety.Oil prices surged in January due to supply fears from Iran and Venezuela, but remain volatile and range-bound between $55 and $70 as the market struggles to break above key resistance.

Dollar Mixed As U.S. Services Industry Maintains Expansion While Private Payrolls Stall.Mid-tier U.S. data presented a nuanced picture of the economy, with the services sector maintaining steady growth while private sector job creation slowed to a crawl in January.

Event Guide: Canada's Employment Report (January 2026).With trade concerns weighing on business activity, markets are watching whether Canada's January jobs data could impact BOC's policy biases.

Rupee likely to open steady; corporate dollar demand hurdles rally extension.The Indian rupee is likely to open little changed on Thursday, tracking Asian peers, with traders expecting importer dollar demand to limit gains sparked by New Delhi and Washington clinching a long-awaited trade deal.

Japan 30-year yields ease before auction as election risk lingers.Japan's 30-year bond yields eased ahead of an auction, but fiscal uncertainty linked to Sunday's snap election continues to cap any sustained rally.

US President Donald Trump says Warsh would've lost Fed if he pledged rate hike.US President Donald Trump says Warsh would've lost Fed if he pledged rate hike

Fed's Cook says inflation risks skewed higher, tariffs key wildcard.Fed Governor Lisa Cook said risks are currently “tilted toward higher inflation,” explaining why she supported the FOMC's decision to hold interest rates steady at last week's meeting.

WTI in Focus with US-Iran Talks Cancelled – US Oil Outlook.Disagreements had emerged between Iranian and US demands. Washington continued to insist on Iran abandoning its ballistic missile program, while Tehran only signaled openness on the nuclear issue.

WTI stabilizes around $64.00 as traders eye US-Iran talks amid supply glut risks.WTI stabilizes around $64.00 as traders eye US-Iran talks amid supply glut risks

Dollar recovers as central bank decisions loom.The dollar steadied at the start of Asian trade on Thursday ahead of interest rate decisions from the European Central Bank and the Bank of England, both of which are expected to keep rates on hold later in the global day.

Ireland AIB Services PMI dipped from previous 54.8 to 54.5 in January.Ireland AIB Services PMI dipped from previous 54.8 to 54.5 in January

Australian data: December 2025 imports down m/m, while exports rose m/m.I'm not sure why the calendar is not updating, I've popped in the numbers: Trade data is not too much of a focus right now. Imports lower is not a positive sign for the economy.

USD/JPY climbs above 156.50 amid Japan's fiscal concerns .USD/JPY climbs above 156.50 amid Japan's fiscal concerns