New Zealand’s Labour Cost Index rose 2% year-on-year in Q1, matching market forecasts, signalling steady wage pressures.
New Zealand’s Labour Cost Index rose 0.5% in Q1, beating forecasts and signalling faster wage growth.
GBP/USD held near 1.3545; direction hinges on US dollar, risk sentiment, oil, and Friday NFP.
Philippine inflation hit 37-month high; UOB lifts 2026 forecast to 7.5%, expects BSP hikes, warns 10%.
OCBC expects USD/SGD rebound; geopolitics and oil risks may drive volatility, with resistance 1.2850, support 1.2720.
NZD/USD hovered near 0.5890, capped by resistance as safe-haven Dollar strength persisted amid Middle East tensions.
AUD/USD climbs to 0.7185 after RBA hike; traders await Australian, Chinese trade data and US payrolls.
US weekly API crude inventories fell 8.1 million barrels to May 1, beating forecasts for 2.8 million drop.
Indonesia’s 1Q26 GDP rose 5.61%, beating forecasts, powered by spending; sustaining growth hinges on fiscal limits.
USD/CHF slides to 0.7830, rejected at SMA resistance; bearish bias persists, with key support near 0.7800.
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