Daily Market Insight

• The US-Iran peace deal boosted market sentiment • US orders Anthropic to disable AI models for all foreign nationals • UoM survey signals improving confidence, cooling price pressures • UK economy contracts in April amid energy price pressures • Dollar weakens as deal progress continues, with focus shifting to the Fed meeting

• Trump signals progress on Iran deal • Mixed PPI keeps Fed outlook largely unchanged as underlying inflation remains sticky • ECB hikes for first time since 2023 as inflation heats up • Dollar slides as Trump signals progress in Iran talks, boosting risk appetite

• Geopolitical risks surge as US and Iran exchange strikes • US consumer prices rise by 4.2% annually in May • China consumer inflation stalls while factory prices surge • Dollar trades mixed as markets weigh inflation and geopolitical risks

• US–Iran headlines swing between diplomacy and escalation • US releases continue to signal economic resilience • China exports and imports accelerate, driven by AI demand • Indonesia delivers off-cycle rate hike to shore up currency • Dollar softens on lower oil, trims losses on geopolitical tensions

• Ceasefire hopes rise as US pushes Israel-Iran de-escalation • NY Fed survey shows cooling inflation fears, weakening confidence • German factory orders fell more than expected in April • South Korea Q1 GDP grows stronger than advance estimate • Dollar mixed as ceasefire hopes counter ongoing geopolitical risks

• Iran strikes Israel, warns against further escalation • US NFP beat expectations, reinforcing higher-for-longer Fed outlook • Eurozone GDP revised into contraction; Japan growth downgraded • Thailand’s inflation unexpectedly eases, remains in target range • Dollar strengthens after payrolls surprise to the upside

• Geopolitical developments remain in the spotlight • US economic data takes a back seat • Japan real wages extend gains for fourth month • Dollar trades rangebound ahead of US NFP data

• Geopolitical risks remain unresolved • US proposes broad tariffs of at least 10% over forced-labor imports • US data signals resilient growth • Eurozone inflation surpasses 3% for first time since 2023 • Dollar advances amid geopolitical risks and resilient US data

• Middle East headlines fuel market volatility • US ISM PMI expands at faster pace in May • EU member inflation jumps, boosting case for ECB hike • China PMI slips in May as economic momentum softens • Dollar gains on geopolitical tensions and stronger ISM data

• Risk sentiment improves on US–Iran ceasefire optimism • US economic data shows softer April PCE and lower Q1 US GDP revision • ECB minutes highlight growing support for potential rate hike • Tokyo core inflation slows to 1.3%, remains below BOJ target • Dollar weakens on soft US data and Iran ceasefire optimism