FXStreet Forex
5 Jun 2026, 16:51 GMT
MEDIUM IMPACT
Deutsche Bank analysts underscore that stronger Japanese wage data and resilient household spending are reinforcing expectations for Bank of Japan (BoJ) tightening. Real and nominal wages are rising at the fastest pace since 2024, with futures pricing a high probability of a June hike.
FXStreet Forex
5 Jun 2026, 15:37 GMT
MEDIUM IMPACT
Nomura analysts expects the European Central Bank's (ECB) June macroeconomic projections to incorporate higher market rate assumptions and exclude May Harmonised Indices of Consumer Prices (HICP) data.
FXStreet Forex
5 Jun 2026, 15:01 GMT
HIGH IMPACT
Kristian Nummelin at Nordea expects the European Central Bank to hike rates next week as elevated inflation and strong core momentum keep price pressures in focus. Markets are pricing a similar outcome.
FXStreet Forex
5 Jun 2026, 14:47 GMT
MEDIUM IMPACT
TD Securities’ Global Strategy Team expects the ECB to raise the deposit rate to 2.25% in response to persistently high energy prices.
FXStreet Forex
5 Jun 2026, 13:16 GMT
MEDIUM IMPACT
Nomura’s Andrzej Szczepaniak and team expect the European Central Bank (ECB) to begin a recalibration phase at the 11 June meeting, with a 25bp hike in the depo rate to 2.25%.
ForexLive
5 Jun 2026, 12:43 GMT
HIGH IMPACT
Headlines:Another episode of the boy who cried wolf set to air later today?Explosion halts crude loading at Oman's Mina al Fahal in conflict escalationAmerica still refuses Iran's request to unfreeze the frozen funds - Al ArabiyaSemiconductors continue to struggle ahead of the Wall Street openWhat is the distribution of forecasts for the US NFP?What are analysts expecting from the US jobs report later today?How have interest rate expectations changed after this week's event?Euro area economic gr...
ForexLive
5 Jun 2026, 12:07 GMT
HIGH IMPACT
Rate hikes by year-endRBNZ: 71 bps (71% probability of rate hike at the next meeting)ECB: 64 bps (98% probability of rate hike at the next meeting)BoJ: 43 bps (81% probability of rate hike at the next meeting)BoE: 41 bps (92% probability of no change at the next meeting)RBA: 23 bps (93% probability of no change at the next meeting)Fed: 16 bps (92% probability of no change at the next meeting)BoC: 15 bps (99% probability of no change at the next meeting)SNB: 13 bps (99% probability of no change a...
FXStreet Forex
5 Jun 2026, 10:54 GMT
HIGH IMPACT
The Euro (EUR) is going through a solid recovery against the US Dollar (USD) on Friday, reaching levels a few pips shy of 1.1650 at the time of writing.
ForexLive
5 Jun 2026, 10:00 GMT
HIGH IMPACT
Q1 final GDP -0.2% vs +0.1% q/q second estimatePrior +0.2%That's not a good look with the revision putting the overall euro area growth in the first quarter into negative territory. That marks a contraction to start the year with another set to follow this quarter amid the fallout from the Middle East conflict.A technical recession looms but it comes with a bit of a caveat. The first quarter estimate here is heavily influenced by a sharp drop in Ireland's GDP. While only accounting for a small w...
ForexLive
5 Jun 2026, 07:31 GMT
HIGH IMPACT
EUROPEAN SESSIONIn the European session, we don't have much on the agenda other than a couple of low tier releases like the final Eurozone Q1 GDP report and Italian Retail Sales. The data is not going to change anything for the ECB, so the market reaction will likely be muted. AMERICAN SESSIONIn the American session, we have the Canadian Employment report and the US NFP. The Canadian data is expected to show 10K jobs added in May vs -17.7K in April, and the Unemployment Rate to remain unchanged ...
FXStreet Forex
5 Jun 2026, 05:04 GMT
MEDIUM IMPACT
EUR/JPY moves little after posting modest gains in the previous day, trading around 185.80 during the Asian hours on Friday. The EUR/JPY cross is holding a constructive bullish bias as it remains above both the nine-day and 50-day Exponential Moving Averages (EMAs).
ForexLive
5 Jun 2026, 04:37 GMT
HIGH IMPACT
Explosion halts crude loading at Oman's Mina al Fahal in conflict escalationPBOC resumes injections after two-day pause that forced banks to deploy idle cashNasdaq analysis today shows market started selling quite hard for this time of dayRBA's Hauser due to speak, hawkish tilt expected after Harper's inflation warningPBOC sets USD/ CNY reference rate for today at 6.8157 (vs. estimate at 6.7735)South Korean markets hammered. KOSPI off 6%, won at a 17 year low vs. USDJapan renews yen intervention...
ForexLive
5 Jun 2026, 01:56 GMT
MEDIUM IMPACT
Japan's finance minister renewed an intervention warning as the yen tested 160 per dollar, while a record drop in May foreign reserves suggests Tokyo may already have acted again. Summary: The following draws on statements from Japanese Finance Minister Satsuki Katayama, Prime Minister Takaichi, and Japanese Finance Ministry data released on June 4-5:Finance Minister Katayama told parliament Japan will respond appropriately at any time on foreign exchange and reserves the right to take decisive ...
ForexLive
5 Jun 2026, 00:42 GMT
MEDIUM IMPACT
Japan's real wages rose 1.9% year-on-year in April, a fourth consecutive gain, while household spending beat forecasts, boosting the case for a BOJ rate hike at its June 15-16 meeting. Summary: The following data were released by the Japanese government on June 5Household spending, April: -0.5% year-on-year, expected -1.5%, prior -2.9%; month-on-month +1.6%, expected +0.8%, prior -1.3%Average cash earnings (total nominal wages), April: +3.5% year-on-year, the fastest growth since December 2024 a...
FXStreet Forex
4 Jun 2026, 14:36 GMT
MEDIUM IMPACT
Nordea economists Jan von Gerich and Tuuli Koivu expect the European Central Bank (ECB) to raise rates by 25bp at the June meeting and signal a hawkish stance without firm pre-commitments.