Trading news

China Foreign Exchange Reserves (MoM): $3.442T (May) vs $3.411T

Colombia Consumer Price Index (YoY) came in at 5.84%, below expectations (5.91%) in May

Colombia Consumer Price Index (MoM) registered at 0.47%, below expectations (0.51%) in May

UOB economists Julia Goh and Loke Siew Ting note that Philippine inflation unexpectedly eased in May but remains above the Bangko Sentral ng Pilipinas (BSP) target, keeping risks tilted to the upside.

NZD/USD falls sharply towards the 0.5790 region on Friday as the US Dollar (USD) strengthened following a stronger-than-expected Nonfarm Payrolls (NFP) report, while the New Zealand Dollar (NZD) struggled to attract buyers amid a cautious market mood.

DBS Group Research’s Chang Wei Liang highlights that USD/KRW has pushed above 1530 as weakness in semiconductor stocks adds pressure on the Korean Won.

Silver price tanks and challenges the 200-day Simple Moving Average (SMA) near $67.79, as the white metal registers losses of nearly 8%, poised to end the week down by almost 10%, amid a stronger-than-expected US Nonfarm Payrolls report.

Standard Chartered economists Jonathan Koh and Edward Lee revise their Bangko Sentral ng Pilipinas (BSP) policy rate path, dropping expectations for a 50bps off-cycle hike before the 18 June meeting.

Japan CFTC JPY NC Net Positions: ¥-129.6K vs previous ¥-114.7K

United Kingdom CFTC GBP NC Net Positions rose from previous £-61.4K to £-52.2K

United States CFTC Oil NC Net Positions declined to 155.9K from previous 161K

Australia CFTC AUD NC Net Positions declined to $41.8K from previous $60.2K

United States CFTC S&P 500 NC Net Positions down to $-220.8K from previous $-165.8K

Eurozone CFTC EUR NC Net Positions climbed from previous €29.4K to €48.9K

United States CFTC Gold NC Net Positions: $176K vs $154.3K

DBS Group Research economist Radhika Rao highlights that Indonesia’s onshore markets are under pressure, with the Rupiah at record lows and equities near six‑year lows.

The US Dollar (USD) rallied to near 100.10 on Friday, rising from a daily low of 99.16, after the US Nonfarm Payrolls (NFP) report showed the economy added 172K jobs in May, well above the 85K expected, reinforcing expectations that the Federal Reserve (Fed) could raise interest rates later this yea

UOB’s Global Economics & Markets Research, led by Enrico Tanuwidjaja and Sathit Talaengsatya, argues that Thailand’s latest Consumer Price Index (CPI) data confirm a cost-push rather than demand-led inflation backdrop.

NZD/USD slips to its lowest level since April on Friday as the US Dollar (USD) receives fresh bids in the wake of solid US Nonfarm Payrolls (NFP) data. At the time of writing, the pair trades around 0.5800 and is heading for a weekly loss of nearly 3%.

US Treasury yields skyrocket across the whole curve on Friday, with the 2-year Treasury note yield rising over twelve basis points, while the benchmark note, the 10-year, surges six basis points following an outstanding Nonfarm Payrolls report.