Citing Tasnim News Agency, Reuters reported on Thursday that Iran’s Islamic Revolutionary Guard Corps (IRGC) said it targeted the US airbase in response to attack near Bandar Abbas airport.

The United States (US) Treasury Department said on Wednesday that it has sanctioned the Persian Gulf Strait Authority, the body Iran has set up to manage the Strait of Hormuz, the conduit for about a fifth of the global oil supply.

Chicago Fed President Austan Goolsbee made comments on the impact of supply shocks on monetary policy on Thursday.

Japan’s Finance Minister Satsuki Katayama said that she hopes  the Bank of Japan (BoJ) will adopt suitable monetary policy to stably, sustainably reach 2% inflation target with rising wages. 

New Zealand’s Finance Minister Nicola Willis delivered the government's Budget 2026 on Thursday with the details below.

Australia Private Capital Expenditure registered at 6.5% above expectations (1%) in 1Q

European Central Bank (ECB) Chief Economist Philip Lane said on Thursday that even if initial energy shock begins to ease, second-round effects will persist. 

Federal Reserve (Fed) Vice Chair Philip Jefferson said on Thursday that monetary policy is well positioned to respond to developments but has not prejudged June's policy meeting.

Japan Foreign Investment in Japan Stocks down to ¥1B in May 22 from previous ¥949.6B

Reserve Bank of New Zealand (RBNZ) Governor Anna Breman's commentary was exactly what you'd expect from a central banker who just held rates while half her own committee voted to hike: a tidy list of reasons the bank is right to do nothing today, paired with a tidy list of reasons it will absolutely

Fed Governor Lisa Cook crossed the wires, saying the right course of action is to keep rates steady due to upside risks to inflation, which is moving in the “wrong direction.”

The Bank of Mexico (Banxico) released its Q1 2026 report on Wednesday, revising down 2026 GDP growth from 1.6% to 1.1%. The Mexican institution blamed a “considerably weaker” first-quarter performance, warning that investment could remain weak at least until the second half of 2026.

BNY’s Geoff Yu says APAC’s hawkish rate surprises, including Sri Lanka’s 100 bp hike, have failed to revive front-end fixed income flows. Sub-1y flows remain negative, while higher US rate expectations and import bills keep IDR, INR and North Asia FX under pressure.

TD Securities analysts highlight that United States (US) consumer confidence from the Conference Board slipped only marginally in May and continues to outperform other sentiment gauges.

BNY’s Geoff Yu highlights strong flows into EM food producers as supply disruptions through the Strait of Hormuz and higher fertilizer and energy costs push food prices up policymakers’ agendas.

United States 5-Year Note Auction climbed from previous 3.955% to 4.182%

Royal Bank of Canada (RBC) economists Nathan Janzen and Annie Zheng highlight that Canada’s current high unemployment rate is masking longer-term labour supply challenges.

Russia Industrial Output above expectations (1.6%) in April: Actual (1.9%)

TD Securities’ James Rossiter argues that recent UK GDP data may overstate underlying momentum due to problematic seasonal adjustment by the ONS.

Commerzbank’s Antje Praefcke expects the European Central Bank (ECB) to raise rates in June, largely as a symbolic move, with markets already pricing this in.

Rabobank's Senior FX Strategist Jane Foley notes that AUD/NZD has pulled back sharply after hitting its highest level since 2013, putting the year-long uptrend at risk.

United States Richmond Fed Manufacturing Index came in at 13, above forecasts (4) in May

Commerzbank’s Barbara Lambrecht highlights that the global Copper market showed a large surplus in Q1 2026 as refined output surged, especially in China and the DR Congo.

The Reserve Bank of New Zealand (RBNZ) delivered a clear hawkish hold on Wednesday, keeping the Official Cash Rate (OCR) unchanged at 2.25% while strongly signalling that rate hikes are likely in the coming months.

United States Redbook Index (YoY): 9% (May 22) vs 8.1%

ING’s Frantisek Taborsky reports that the National Bank of Hungary held its base rate at 6.25% but signalled a dovish shift, with June cuts fully priced and markets now seeing a terminal rate near 5.25%.

Iran's State TV reported that it has a draft of the initial unofficial framework of the Memorandum of Understanding with the United States (US).

Private-sector hiring in the US has cooled in early May. According to the NER Pulse, the weekly companion to the ADP National Employment Report, companies added an average of 35.75K jobs per week in the four weeks ending May 9.

United States ADP Employment Change 4-week average: 35.75K (May 2) vs previous 42.25K

Societe Generale’s commodity team notes Brent has lost its 50-day moving average and is testing support around $96.