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MakroFXStreet News

SEK: Positive real rates support currency outlook – BBH

Brown Brothers Harriman’s (BBH) Elias Haddad highlights that USD/SEK has fallen on broad Dollar weakness while Sweden’s April disinflation surprised to the downside, reducing Riksbank hike expectations.

INFLATION
MakroFXStreet News

Fed’s Musalem: Inflation is meaningfully above target

Alberto Musalem, President of the Federal Reserve (Fed) Bank of St. Louis, spoke at the Mississippi Bankers Association on Wednesday. He said that uncertainty around tariffs and war is a headwind.

FEDINFLATION
PetrolOilPrice.com

EIA: US Crude Oil Inventories Continue to Fall

Crude oil inventories in the United States decreased by 2.3 million barrels during the week ending May 1, according to new data from the U.S. Energy Information Administration (EIA) released on Wednesday. The decrease brings commercial stockpiles to 457.2 million barrels, according to government dat

CRUDE
MakroFXStreet News

EUR/JPY declines as stronger Yen on intervention risks offsets ECB tightening expectations

EUR/JPY trades around 183.50 on Wednesday at the time of writing, down 0.61% on the day, as the Japanese Yen (JPY) benefits from stronger demand amid fears of intervention by Japanese authorities in the foreign exchange market.

ECB
MakroFXStreet News

DXY: Asymmetric downside into payrolls – TD Securities

TD Securities analysts argue the US Dollar (USD) faces asymmetric downside risk around the April US payrolls release.

DXY
MakroFXStreet News

ECB: Weak Eurozone PMIs reinforce stagflation risk – BNY

BNY highlights a broad Eurozone PMI downturn, with the composite back in contraction and services particularly weak, while producer prices and input costs re‑accelerate. The bank notes markets assume ECB policy cannot diverge much from peers, a view it challenges.

ECB
PlatinInvesting.com Commodities
MakroFXStreet News

USD/CHF weakens for a second day on improved risk sentiment, firmer Swiss inflation

USD/CHF declines around 0.7790 on Wednesday at the time of writing, down 0.50% on the day, as the US Dollar (USD) remains under pressure in a more risk-positive market environment.

INFLATION
PetrolFXStreet News

USD/CAD holds steady as US-Iran deal hopes pressure USD and drag Oil prices lower

USD/CAD struggles for direction on Wednesday as renewed optimism surrounding a potential US-Iran peace deal pressures the US Dollar (USD), while falling Oil prices weigh on the commodity-linked Canadian Dollar (CAD).

BRENTWTI
PetrolOilPrice.com

Live: Oil Prices Fall Below $100 as Trump Say Iran War May Be Coming To End

Oil prices collapsed on Wednesday as markets continued to digest reports that the U.S. and Iran were discussing a one-page memorandum designed to pause the conflict and create a framework for broader negotiations. Brent crude was down 8.58%, to trade at $100.4 per barrel on Wednesday at 6:40 a.m. ET

BRENTWTICRUDE
PetrolInvesting.com Commodities
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