Event Guide: FOMC Statement (June 2026)
All eyes and ears are on new Fed head Kevin Warsh’s first FOMC decision! Will he drop hints about future Fed moves or reiterate a data-dependent view? Here’s what to look out for in this top-tier event.
All eyes and ears are on new Fed head Kevin Warsh’s first FOMC decision! Will he drop hints about future Fed moves or reiterate a data-dependent view? Here’s what to look out for in this top-tier event.
The People’s Bank of China is due to set the daily USD/CNY reference rate at around 0115 GMT (2115 US Eastern time), a fixing that remains one of the most closely watched signals in Asian foreign exchange markets. China operates a managed floating exchange rate system, under which the renminbi (yuan) is allowed to trade within a prescribed band…
Gold price (XAU/USD) holds positive ground around $4,335 during the early Asian session on Wednesday. The precious metal rebounds from its lowest levels of the year, which reached last week after the United States (US) and Iran had agreed on a framework deal to end the war. All eyes will be on the US Federal Reserve (Fed) interest rate…
Tuesday played a wild card: the Iran deal firmed, crude cracked to ~$76 through every level we’d drawn, and the BOJ hiked — the reset before Wednesday’s Fed.
Markets: S&P 500 down 0.6% Nasdaq down 1.1% WTI crude oil down $4.12 to $76.63 US 10-year yields down 3 bps to 4.44% EUR leads, CHF lags Gold up $26 to $4333 Oil continued to plummet on Tuesday as it fell another $4. After the bell, the API private inventory numbers showed another huge drawdown in oil supplies and…
The USD/CHF retreats for the second straight day but remains above its current weekly low of 0.7921, due to overall US Dollar weakness, triggered by the Greenback’s strong correlation with falling Oil prices and traders’ lack of expectation of Fed rate hikes. This provided a leg down in the pair, which traded at 0.7933, down 0.16%. USD/CHF Price Forecast:…
2026.06.16 2026.06.16 US Dollar Declines as Hormuz Reopening Eases Geopolitical Tensions. Forecast as of 16.06.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Investors expected the reopening of the Strait of Hormuz to unleash a flood of oil onto global markets, sending prices sharply lower. In reality, it is likely to act more as a pressure-release valve, easing supply concerns rather than pushing prices lower….
Australia’s RBA held its cash rate at 4.35% in June 2026, pausing after three hikes. Inflation is still above target, and the U.S.–Iran peace deal clouds what comes next.
The component pieces of the auction all were better than the averages with the exception of the domestic buyers who are squeezed out by the international buyers who exerted strong demand for the issue. The 20 year issue is not a major interest for investors. High Yield The high yield is the highest yield accepted at the auction and…
New Zealand GDT Price Index dipped from previous -0.6% to -2.8%