UK CBI shows retailers sentiment fell at a slower pace compared to previous two quarters.The agency noted: "retail selling prices grew in the year to May at the slowest rate in over a year and are set to grow at a similar pace in June. Sales volumes in the retail sector fell short of seasonal norms in May, while annual sales volumes continued to fall but at a slightly slower pace.

Japan government retains its assessment that the economy is recovering moderately in May.There is no change to the assessment from April (which was also the same as in March), as the government notes that "the Japanese economy is recovering moderately, while attention should be given to the effects caused from the situation in the Middle East".

USD/JPY Rising Again, Markets May Test Japan Before They Test Iran.The powerful “peace dividend” trade that swept through global markets earlier this week is beginning to lose momentum, and USD/JPY is quickly emerging as one of the clearest expressions of that shift. As optimism over a rapid US-Iran agreement fades slightly and the pair resumes its climb toward the politically sensitive 160 zone, markets may soon test Tokyo's tolerance for Yen weakness before they fully test whether Tehran is actually ready to sign a final deal.

New Zealand Dollar: RBNZ hawkish stance may aid gains – MUFG.New Zealand Dollar: RBNZ hawkish stance may aid gains – MUFG

Australian Dollar: Neutral versus US Dollar inside tight corridor – UOB.Australian Dollar: Neutral versus US Dollar inside tight corridor – UOB

Pound-to-Australian Dollar Forecast: Aussie Inflation Figures Could Revive RBA Tightening Bets.The Pound to Australian Dollar (GBP/AUD) exchange rate rallied last week as investors pared back expectations for further Reserve Bank of Australia interest rate hikes, while easing UK political tensions helped support Sterling. At the time of writing, GBP/AUD was trading around AU$1.8820, up approximately 1% over the week.

Intraday Analysis 26.05.2026.Intraday analysis covering GBPUSD, EURJPY continues to climb, and GER 40, focusing on short-term price action, key support and resistance levels, and intraday market momentum across major instruments. GBPUSD searching for a top Cable remains tentative as traders digest the latest news from the White House.

Iran's IRGC identifies hostile aircrafts entering its airspace, downs MQ9 drone.Iran's Islamic Revolutionary Guard Corps (IRGC) announced it had detected and shot down an MQ-9 drone. The IRGC said in a statement that it has the right to respond to any US ceasefire breach.

New Zealand Dollar slides below mid-0.5800s vs USD amid Iran risks, ahead of RBNZ decision.New Zealand Dollar slides below mid-0.5800s vs USD amid Iran risks, ahead of RBNZ decision

Iran Supreme Leader Khamenei: US will no longer have safe haven for Middle East bases.Iran Supreme Leader Khamenei: US will no longer have safe haven for Middle East bases

Forex markets cautious as Strait of Hormuz tensions escalate.The US dollar remained resilient against major currencies during the European session on Tuesday after weakening in the previous session, as geopolitical tensions in the Middle East continued to keep investors cautious. Although markets initially welcomed reports suggesting progress in negotiations between the United States and Iran, escalating tensions in the Strait of Hormuz limited the improvement in global risk sentiment.

First Light News: Mixed Signals from the Strait; Markets Eye Key Asia-Pac Data.We kicked off the week on a strong risk-on footing amid reports that the US and Iran were closing in on a deal that would ultimately open the Strait of Hormuz.

Natural Gas News: Weekly Forecast Turns Bearish as Inventory Builds Accelerate.Weekly natural gas forecast turns bearish as rising inventory, weak weather demand and failed rallies keep sellers targeting lower prices.

Natural Gas and Oil Forecast: WTI Slides Beneath $92 as Brent Tests $95 — NatGas Breakout?.One month-plus into the truce, supply-demand dynamics dominate as US production stays robust. WTI plunges below $92 after channel violation, Brent defends $95.08 support, and Natural Gas breaks higher toward $3.008.

USD/JPY Price Forecast: Dollar ticks up to 159.00 as Iran's peace talks wobble.USD/JPY Price Forecast: Dollar ticks up to 159.00 as Iran's peace talks wobble

Euro strengthens against British Pound as ECB signals June hike.Euro strengthens against British Pound as ECB signals June hike

Fed: Hawkish risks for rates – BNY.Fed: Hawkish risks for rates – BNY

UK shop price inflation picks up, retailers ask government to help.British shop price inflation sped up in May on the back of disruption and ​higher energy costs caused by the Iran ‌war, according to a retail industry group which said the government had to do more to keep costs ​down.

EUR/JPY: Yen Recovers April Losses as the Market Searches for a New Equilibrium.In late April 2026, Japan's Ministry of Finance moved from verbal warnings to direct action, carrying out a currency intervention worth roughly ¥5.5 trillion ($35 billion) — the first since July 2024. The move was triggered by the yen weakening beyond the psychologically significant level of 160 against the dollar.

Markets reserve some caution on US-Iran developments.The war continues to rage on but it looks like we're on the cusp of some form of agreement or memorandum of understanding (MOU) being signed off between both sides. While on the surface it is billed as "a deal to end the conflict", let's be reminded of what the stakes are here.

Brent: Supported by US-Iran tensions and deal uncertainty – Danske Bank.Brent: Supported by US-Iran tensions and deal uncertainty – Danske Bank

ECB's Schnabel Says Iran Peace Deal May Already Be Too Late to Avoid June Hike.Even a successful US-Iran peace agreement may no longer be enough to stop the European Central Bank from tightening policy next month. ECB Executive Board member Isabel Schnabel warned today that the energy shock unleashed by the conflict has already gone too far, arguing that inflation pressures are now spreading through the wider Eurozone economy.

Oil ($CL_F) Impulsive Wave Structure Suggests Further Losses.The short‑term Elliott Wave view on Oil indicates that after spiking to $119.48 in response to the war with Iran, prices have moved sideways for several months. The initial decline from that peak to $76.73 on March 11, 2026 appeared impulsive and likely completed wave (A).

US Strikes Iran amid Potential Deal.Today in Sweden, April PPI figures are released. Together with the NIER survey on Thursday, the print will be a key input in the Riksbank's assessment of whether firms have started to feel the impact of rising global price pressures.

Japan's core CPI, excluding special factors, climbs 2.8% in April vs. 2.5% rise in March.Japan's core CPI, excluding special factors, climbs 2.8% in April vs. 2.5% rise in March

Japan Coincident Index fell from previous 116.5 to 116.4 in March.Japan Coincident Index fell from previous 116.5 to 116.4 in March

Japan Leading Economic Index came in at 114 below forecasts (114.5) in March.Japan Leading Economic Index came in at 114 below forecasts (114.5) in March

Singapore Industrial Production (YoY) above forecasts (12%) in April: Actual (17.6%).Singapore Industrial Production (YoY) above forecasts (12%) in April: Actual (17.6%)

Singapore Industrial Production (MoM): 5.8% (April) vs 4.7%.Singapore Industrial Production (MoM): 5.8% (April) vs 4.7%

Oil Price Forecast: Brent and WTI Rise on US-Iran Risk.Oil prices rebound as U.S.-Iran uncertainty and Strait of Hormuz risks keep Brent and WTI supported near key technical levels.