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China’s UN envoy criticizes US-Bahrain Strait of Hormuz resolution

Grid Dynamics COO Yury Gryzlov sells $3,012 in company stock

Texas Instruments senior VP sells $1.5m in shares

Ul solutions executive John A Genovesi buys $9,366 in stock

Warburg Pincus sells $289.7m in Sotera Health (SHC) stock

Form 6K CDT Environmental Technology Investment Holdings Ltd For: 15 May

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Japan: Energy shock lifts inflation more than GDP – ING

ING’s Min Joo Kang expects Japan’s economy to maintain similar growth to the previous quarter, with first-quarter Gross Domestic Product (GDP) seen rising 0.3% quarter-on-quarter.

Forecasting the upcoming week: Markets shift focus to PMIs and central bank events

The US Dollar Index (DXY) climbs above the 99.30 region, reaching fresh multi-week highs on Friday as stronger-than-expected United States (US) economic data reinforced expectations that the Federal Reserve (Fed) may keep interest rates elevated for longer.

Asian FX: Dollar strength caps RMB-led optimism – OCBC

OCBC's strategist Christopher Wong says Asian FX remains constrained by a firm Dollar and higher US yields, despite some optimism around US–China talks. The Renminbi (RMB) is the main outperformer on lower USD/CNY fixes and policy-tolerated appreciation, but broader Asia FX stays soft.

Silver Price Forecast: Crashes below $77 as RSI shifts bearish, eyes on $75

Silver price collapses by 7.90% on Friday as US Treasury yields skyrocket amid investor fears of a second round of inflation, fueling speculation that major central banks could raise interest rates in the near term. The XAG/USD trades at $76.88 after reaching a high of $83.87.

Malaysia: Growth risks and steady rates – UOB

UOB’s Global Economics & Markets Research, led by Julia Goh and Loke Siew Ting, notes Malaysia’s 1Q26 Gross Domestic Product (GDP) grew 5.4% year-on-year, slightly above estimates but slower than 4Q25.

Chinese Yuan: Growth outlook improves on US-China talks – DBS

DBS Group Research economist Samuel Tse assesses how recent US-China talks are shaping the outlook for Chinese growth and Chinese Yuan (CNY) rates. He highlights a more constructive bilateral tone, prospects for improved US market access, and potential easing of trade frictions.

Gold sinks 2% as Iran war fuels fresh inflation shock

Gold price retreats by over 2.30% on Friday amid fears that prolonged hostilities between the US and Iran could trigger a second wave of inflation, forcing central banks to hike interest rates. The XAU/USD trades at $4,551 after bottoming at around $4,511.

US Dollar Index climbs to five-week high as hawkish Fed bets gather pace

The US Dollar Index (DXY), which measures the Greenback against a basket of six major currencies, extends its rally on Friday, climbing to its highest level since April 8 as investors continue to favor the US Dollar (USD) amid hawkish Federal Reserve (Fed) expectations and persistent geopolitical un

Indonesia: Rate hike expectations support Rupiah – ING

ING economists Deepali Bhargava, Lynn Song and Min Joo Kang expect Bank Indonesia (BI) to shift toward a tighter stance at its upcoming meeting. They highlight recent Indonesian Rupiah weakness, ongoing FX intervention and wider rate differentials versus the United States.

Euro gains against British Pound amid rising UK leadership uncertainty

EUR/GBP climbs to near one-month highs on Friday as rising political uncertainty in the United Kingdom (UK) pressures the British Pound (GBP). At the time of writing, the cross is trading around 0.8726, on track for weekly gains.

British Pound tumbles as UK turmoil, Iran risks lift USD

The GBP/USD pair extends on Friday its losses for the fourth straight day, poised to finish the week down more than 2% as political turmoil in the UK and increased speculation that Prime Minister Keir Starmer’s successor could widen fiscal deficits weigh on the currency.

WTI Oil extends rally as Trump signals Chinese buying, Hormuz supply risks persist

West Texas Intermediate (WTI) US Oil extends its rally on Friday, with the US benchmark trading around $100.90 at the time of writing, up 3.13% on the day and breaking above the $100 level to reach a fresh weekly high.

United Kingdom: Leadership race shapes fiscal outlook – TD Securities

TD Securities’ James Rossiter and Julie Ioffe argue that Prime Minister Starmer is likely to be replaced by late September, with Labour’s leadership race centering on Burnham, Streeting, Rayner and Miliband.

Euro: Growth downgrades and softer outlook – Societe Generale

Societe Generale economists highlights that Eurozone 2026 GDP forecasts have been cut more than United States (US) projections in percentage terms, reinforcing United States (US) outperformance.

Euro falls as hawkish Fed expectations boost the US Dollar, Treasury yields

The Euro (EUR) extends losses against the US Dollar (USD) on Friday, with EUR/USD slipping to near one-month lows as hawkish Federal Reserve (Fed) expectations boost the Greenback and US Treasury yields.

Canadian Dollar falls despite increased Oil prices

The USD/CAD pair elevated near the 1.3760 level on Friday and remains supported by persistent inflation concerns and rising US Treasury yields following this week’s hotter-than-expected US inflation data.

Australian Dollar extends sharp decline as Fed hike repricing lifts US Dollar

AUD/USD falls sharply on Friday and trades around 0.7155 at the time of writing, down 0.91% on the day, after hitting its lowest level in more than a week. The pair remains under heavy selling pressure for the second consecutive day amid broad-based US Dollar (USD) strength.

Japan: Solid GDP but JPY still weighed by trade – DBS

DBS economists Taimur Baig and Radhika Rao expect Japan’s 1Q Gross Domestic Product (GDP) to grow 1.8% QoQ saar, supported by firm exports and AI- and semiconductor-related investment, keeping their 0.5% full-year GDP forecast on track.

Platinum: Repeated deficits tighten stocks – Commerzbank

Commerzbank's Commodity Analyst Barbara Lambrecht reports that focus in London is turning to Platinum group metals as the World Platinum Investment Council prepares updated forecasts.

Canada: Energy lifts CPI, BoC focus on core – TD Securities

TD Securities’ Senior Canada Economist Robert Both expects Canadian Consumer Price Index (CPI) inflation to rise to 3.1% year-on-year in April, driven mainly by higher energy and food prices and base effects from last year’s carbon tax changes.

US Dollar: Hawkish Fed repricing drives breakout – ING

ING's Francesco Pesole notes the US Dollar (USD) is gaining strong short-term momentum as hotter US data reinforce expectations for a Federal Reserve (Fed) hike.

Gold drops to over one-week lows as hawkish Fed bets boost US Dollar, Treasury yields

Gold (XAU/USD) slides to over one-week lows on Friday, pressured by a stronger US Dollar (USD) and rising Treasury yields as mounting Oil-driven inflation risks strengthen expectations that the Federal Reserve (Fed) could keep interest rates elevated for longer.

USD/CAD: Overvaluation stretch risks further upside – Scotiabank

Scotiabank strategists Shaun Osborne and Eric Theoret highlight that USD/CAD is grinding higher into the mid‑1.37s, with the Canadian Dollar (CAD) underperforming but still faring better than many G10 commodity peers.

United States Industrial Production expands 0.7% in April

Industrial Production in the United States (US) expanded by 0.7% on a monthly basis in April, the Federal Reserve (Fed) reported on Friday. This print followed the 0.3% contraction reported in March and came in better than the market expectation for an increase of 0.3%.

Oil: Supply-chain stress scenarios – Rabobank

Rabobank strategists outline how a disruption in the Strait of Hormuz could affect Oil and refined products.

Silver Price Forecast: XAG/USD drops 8% as hawkish Fed expectations pressure metals

Silver (XAG/USD) plunges on Friday, erasing all gains recorded earlier this week as hawkish Federal Reserve (Fed) expectations push US Treasury yields and the US Dollar (USD) higher.

Aluminium: Supply gap and thin stocks risk – Commerzbank

Commerzbank’s Thu Lan Nguyen notes that Aluminium production in China has exceeded official caps thanks to high prices and ample alumina, but this may not fully offset disrupted Gulf supply.

Japanese Yen extends losing streak on hawkish Fed bets, intervention risk limits downside

USD/JPY trades around 158.55 on Friday at the time of writing, up 0.11% on the day, as the pair extends its bullish momentum for a fifth straight day.

British Pound: Forecast points to softer GBP vs Dollar – Societe Generale

Societe Generale’s Kit Juckes notes that while US yields have risen sharply since the conflict with Iran, the Dollar’s appreciation has been relatively modest because rates have also increased elsewhere.

KOSPI hits record 8,046 then crashes 8.4%, wiping ₩509 trillion in market cap

KOSPI, the South Korean stock benchmark, soared to an all-time high of 8,046.78 on Friday, driven by a rally in the tech sector. AI-related technology and semiconductors led the advance, which later reversed amid massive profit-taking.

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