Australian Dollar holds positive ground above 0.7050 as RBA delivers hawkish hold on rates.Australian Dollar holds positive ground above 0.7050 as RBA delivers hawkish hold on rates

Singapore May exports surge 38.4%, biggest jump in 20 years on AI demand.The scale of the beat, nearly 7 percentage points above consensus, underscores how concentrated Singapore's export boom is in AI-driven electronics, with integrated circuits, disk media and PCs doing the heavy lifting. The 303% surge in electronics exports to the US and 218% to Taiwan highlights the semiconductor supply chain intensity of the move and raises questions about sustainability if US tariff proposals proceed.

Dollar on the defensive ahead of first Fed decision under Warsh.The dollar eased on Wednesday ahead of the Federal Reserve's first policy decision under ​Chair Kevin Warsh, with lingering optimism over an interim U.S.-Iran peace deal underpinning risk appetite and dampening ‌demand for the U.S. currency.

Euro holds steady above 1.1600 ahead of Fed rate decision.Euro holds steady above 1.1600 ahead of Fed rate decision

Rupee rises for a 3rd day as crude falls.The Indian rupee strengthened for the third consecutive day, closing at 94.56 against the dollar. This rise was driven by retreating oil prices following a preliminary peace pact in West Asia, easing external sector pressures and boosting global risk appetite for emerging market assets.

Japan Machinery Orders (MoM) came in at 8.7%, above expectations (0.9%) in April.Japan Machinery Orders (MoM) came in at 8.7%, above expectations (0.9%) in April

Japan Merchandise Trade Balance Total above forecasts (¥-564.6B) in May: Actual (¥-378.7B).Japan Merchandise Trade Balance Total above forecasts (¥-564.6B) in May: Actual (¥-378.7B)

Japan Imports (YoY) came in at 12.5% below forecasts (12.8%) in May.Japan Imports (YoY) came in at 12.5% below forecasts (12.8%) in May

Japan business sentiment rises in June on semiconductor demand, Reuters Tankan.Two consecutive months of improving manufacturer sentiment adds to the case for the BoJ to proceed with its projected tightening path, with chip-sector strength providing a demand-side cushion against broader geopolitical headwinds. The chemicals and electronics sub-indices leading the gains suggest semiconductor capital expenditure cycles remain intact, a positive signal for regional supply chains.

Chinese export flood puts EU tariff wall firmly on G7 agenda in France.A coordinated G7 move toward higher tariffs on Chinese goods would represent a significant escalation in the global trade war, with direct implications for supply chains in EVs, batteries, solar and advanced machinery. European equities with China exposure, particularly German industrials and automakers already under pressure from Chinese competition, face added downside risk if Brussels moves to broaden its tariff regime beyond current sector-specific measures.

British Pound Sterling coils before inflation and a Fed reckoning.British Pound Sterling coils before inflation and a Fed reckoning

New Zealand Q1 current account deficit narrows sharply on quarterly basis.NZ Q1 current account balance (actual) -NZ$1.008B exp -NZ$0.967B, prev -NZ$5.984B NZ Q1 seasonally adjusted current account -NZ$4.552B prev -NZ$4.452B NZ year to March current account -NZ$16.3B / -3.6% of GDP. The sharp narrowing in NZ deficit will offer the RBNZ some modest comfort on external balance pressures.

US Dollar Bulls Await FOMC as Japan's MOF Faces an Intervention Dilemma.The Federal Reserve's latest policy decision arrives at a pivotal moment for both the US dollar and USD/JPY. With the US Dollar Index pressing against its March high and speculative traders piling into bullish USD positions at the fastest pace in six years, a hawkish outcome could provide the catalyst for a fresh breakout.

New Zealand Dollar trades sideways ahead of Fed rate decision.New Zealand Dollar trades sideways ahead of Fed rate decision

Crude Oil Price Forecast: Breakdown Extends Toward Key Support Zone.Crude oil extends its decline after breaking key support levels, now approaching a major confluence zone near the 200-day and 200-week moving averages.

USD/JPY Price Forecast: Tests 160.50 as RSI backs rally, intervention risks loom.USD/JPY Price Forecast: Tests 160.50 as RSI backs rally, intervention risks loom

Natural Gas Price Forecast: Bull Trend Retained as Highs in Sight.Natural gas advances above key moving averages after a bullish reversal but remains below major resistance as it tests trendline and long-term technical barriers.

United States API Weekly Crude Oil Stock below expectations (-4.5M) in June 12: Actual (-8.33M).United States API Weekly Crude Oil Stock below expectations (-4.5M) in June 12: Actual (-8.33M)

World Bank approves $2 billion loan package for Argentina.The World Bank Group ​on Tuesday approved a $2 ‌billion commercial loan package for Argentina, which will ​help the country ​reduce its financing costs ⁠and strengthen public debt ​management, the institution ​said in a statement.

Economic and event calendar Asia 17 June 2026, minor distraction while awaiting the FOMC.Data from New Zealand, Japan and Australia due today. None of this is likely to move around financial markets too much upn release.

Australian Dollar slips as RBA pauses but keeps hawkish bias.Australian Dollar slips as RBA pauses but keeps hawkish bias

Natural Gas, WTI Oil, Brent Oil Forecasts – WTI Oil Dives 6% As Traders Prepare For The Flood Of Oil From The Middle East.Oil markets are under strong pressure as traders bet on rising supply from Gulf countries.

SpaceX surge continues, as Oil falls below $80.SpaceX surge continues, as Oil falls below $80

The US treasury sells $13 billion of 20 year bonds at a high yield of 4.927%.The tail measures the difference between the auction's high yield and the yield where the bond was trading just before the auction (the "when-issued" yield).

United States 20-Year Bond Auction down to 4.927% from previous 5.122%.United States 20-Year Bond Auction down to 4.927% from previous 5.122%

Crude Oil sells the Iran peace deal sight unseen, WTI hits 15-week low.Crude Oil sells the Iran peace deal sight unseen, WTI hits 15-week low

FOMC Meeting Preview: Will Warsh Kill the Rate Cut Trade For Good?.FOMC Chairman Kevin Warsh's first Fed meeting may leave rates unchanged, but the SEP, dot plot and press conference could res.

The Euro already hiked; now it waits on Warsh.The Euro already hiked; now it waits on Warsh

Japanese Yen fails to gain support after BoJ hike.Japanese Yen fails to gain support after BoJ hike

New Zealand GDT Price Index dipped from previous -0.6% to -2.8%.New Zealand GDT Price Index dipped from previous -0.6% to -2.8%