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MakroFXStreet News

NZD/USD struggles above mid-0.5800s as Iran tensions and Fed outlook support USD

The NZD/USD pair remains under some selling pressure for the third consecutive day and trades around the 0.5865-0.5860 area during the Asian session on Tuesday.

FED
PetrolFXStreet News

Canadian Dollar strengthens as Iran–US tensions lift crude oil prices

The USD/CAD pair edges lower to near 1.3620 during the early Asian trading hours on Tuesday. Escalating tensions in the Middle East after the United Arab Emirates (UAE) reports missiles and drone threats from Iran underpin the commodity-linked Canadian Dollar (CAD).

CRUDE
PetrolOilPrice.com

Big Oil Resists Push To Prioritize Output Growth

It is profit season again, and Big Oil is raking it in, both in Europe and in the U.S., as soaring oil and gas prices boost earnings. What they are not boosting, however, is production. Big Oil is signaling it has no plans to rearrange its priorities. Higher oil prices drove the first-quarter adjust

BRENTWTI
MakroFXStreet News

RBA set to raise interest rate amid war-driven inflation

The Reserve Bank of Australia (RBA) is having a monetary policy meeting this week and will deliver its decision on Tuesday. Market participants expect the Board to deliver a 25 basis points (bps) interest rate hike, the third consecutive one.

INFLATION
MakroFXStreet News

Gold slides below $4,550 as Iran tensions lift Dollar, yields now

Gold price tumbles more than 2% on Monday as tensions in the Middle East pushes the Greenback higher, while US Treasury yields soar sharply as investors discount no interest rate cuts by the Federal Reserve in 2026.

FED
PetrolOilPrice.com

ADNOC Accelerates $55 Billion Investment after UAE’s OPEC Exit

The Abu Dhabi national oil company, ADNOC, is accelerating investment in growth and production after the United Arab Emirates (UAE) left OPEC on May 1. The state oil and gas firm of what was OPEC’s fourth-largest producer before abruptly quitting last week, plans to award as much as $55 billion (200

BRENTWTI
PetrolOilPrice.com

Volume Down Revenue Up Iran’s Oil Trade Defies the War

The 2026 US-Israeli war against Iran delivered one of the sharpest ironies in modern energy geopolitics: while Iranian infrastructure was taking a pounding, it managed to somewhat absorb the relentless airstrikes to its culture, its way of life, and its main target—the economy. However, the already

BRENTWTI
PetrolFXStreet News

USD/SGD: Two-way trade with sell-on-rally bias – OCBC

OCBC strategists Sim Moh Siong and Christopher Wong report that USD/SGD fell into the New York close, helped by a sharp Brent decline and a pullback in USD/JPY, easing immediate inflation and yield concerns.

BRENT
GümüşFXStreet News

Silver Price Analysis: Bearish engulfing pattern forms, eyes on $70

Silver (XAG/USD) tumbles over 3% on Monday as the US Dollar rises on safe-haven demand amid escalating US-Iran tensions in the Strait of Hormuz, as the US Navy embarks on Donald Trump’s 'Operation Freedom'. At the time of writing, XAG/USD trades at $72.74 after reaching a high of $76.00.

SILVER
PetrolFXStreet News

Indonesia: Stable inflation outlook with oil risks – UOB

UOB’s Enrico Tanuwidjaja and Vincentius Ming Shen note Indonesia’s April inflation slowed to 2.42% year-on-year, below expectations but within Bank Indonesia’s (BI) target. They highlight post-holiday normalization, contained energy inflation thanks to subsidized fuel, and steady core inflation.

BRENTWTI
MakroInvesting - emtia
MakroFXStreet News

ECB’s Nagel: June rate hike may be warranted if the inflation outlook does not improve

Joachim Nagel, member of the European Central Bank (ECB) and President of the Bundesbank, spoke in Frankfurt am Main, Germany, on Monday. He said that the longer the Middle East conflict lasts, the greater the risk of high inflation will reimain without ECB intervention.

ECBINFLATION
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