China Consumer Price Index (MoM) came in at -0.1%, above expectations (-0.2%) in May

China Producer Price Index (YoY) came in at 3.9%, above expectations (3.8%) in May

China Consumer Price Index (YoY) below forecasts (1.3%) in May: Actual (1.2%)

AUD/USD extends its losses for the second successive day, trading around 0.7020 during the Asian hours on Wednesday. Traders will likely await the release of Consumer Price Index (CPI) and Producer Price Index (PPI) data for May from China, Australia’s close trading partner, due later in the day.

The EUR/USD pair loses momentum to near 1.1540 during the early Asian session on Wednesday. Renewed tensions in the Middle East following the US attack on Iran drag the Euro (EUR) lower against the US Dollar (USD).

Japan Producer Price Index (MoM) above forecasts (0.5%) in May: Actual (0.9%)

Japan Producer Price Index (YoY) above forecasts (5.5%) in May: Actual (6.3%)

The United States (US) officials said that the second round of strikes in Iran is taking place now, targeting air defense and radar systems, Axios reported early Wednesday.

Iran's Foreign Minister Abbas Araghchi warned the United States (US) to leave the region or face consequences, adding that Iran's armed forces would not leave any attack or threat unanswered.

Gold price (XAU/USD) attracts some sellers to around $4,235, the lowest since March 23, during the early Asian session on Wednesday. The precious metal extends its downside on renewed tensions in the Middle East and rising expectations of a US interest rate hike this year.

Sterling finally got a piece of good domestic news and managed to enjoy it for about half a session. GBP/USD rallied from just below 1.3350 to a touch above 1.3400 on Tuesday, tagged the 200-day Exponential Moving Average (EMA), and spent the rest of the day leaking back beneath the figure.

Six weeks ago Japan reportedly spent a record sum dragging this pair off exactly this shelf.

The Aussie Dollar edges lower, some 0.25% against the Greenback on Tuesday as the market mood turned sour due to Trump's threats to retaliate against Iran after a helicopter was downed in the Strait of Hormuz. The AUD/USD trades at 0.7027 after testing a six-week low of 0.7005.

United States API Weekly Crude Oil Stock came in at -9.119M, below expectations (-3.4M) in June 5

The USD/CHF advances some 0.11% trades near nine-week highs of 0.7991 as risk aversion boosted the Greenback, which has trimmed some earlier losses, to challenge the 0.8000 figure.

The US Dollar Index (DXY) trades with a cautious tone near the 99.90 region on Tuesday as investors position ahead of Wednesday's highly anticipated United States (US) Consumer Price Index (CPI) report, with inflation expected to tick higher in May.

Bitcoin (BTC) dropped near $61,000 on Tuesday, with the latest sell-off pushing long-term market indicators toward levels historically associated with bear-market bottoms, according to a report by K33 Research.

Trump announced on Tuesday that his military had concluded Iran shot down one of its Apache helicopters over the Strait of Hormuz during the overnight session, and that the US had no choice but to respond. Crude Oil's reaction was to fall.

Gold (XAU/USD) price plunges nearly 2% on Tuesday as tensions in the Middle East escalate afterUS President Donald Trump vowed a response to Iran's downing of a US helicopter near the Strait of Hormuz. At the time of writing, XAU/USD trades below $4,250, down 1.93% on the day.

Argentina Industrial Output n.s.a (YoY) declined to -2.8% in April from previous 5%

Silver (XAG/USD) tumbles more than 3.5% on Tuesday as price action remains driven by rapidly changing headlines surrounding the Middle East war. At the time of writing, XAG/USD is trading around $65.50, its lowest level since March 23.

The United States Dollar Index (DXY) trims earlier losses on Tuesday as traders swing between optimism and caution over a potential US-Iran deal.

A New York Times article revealed that the US and Iran are close to agreeing on four nuclear themes, according to US officials and diplomats negotiating with Tehran, which could halt Iran’s nuclear program for 15 years or so.

United States 3-Year Note Auction climbed from previous 3.965% to 4.192%

China’s central bank, one of the major Gold purchasers worldwide, continued to add the precious metal to its vaults in April, in a sign that demand from sovereigns remains high.

United States (US) President Donald Trump claimed that last night, Iranians shot down a US military Apache helicopter while patrolling the Strait of Hormuz.

The USD/JPY pair is trading slightly higher on Tuesday as investors digest stronger Japanese growth figures while maintaining a cautious stance ahead of key United States (US) inflation data. The gopher trades near the 160.30 price zone at the time of writing.