Japan Chief Cabinet Secretary Seiji Kihara said during the European trading session on Monday that the administration is watching market moves, including long-term rates, with a very high sense of urgency. However, Kihara denied commenting on potential intervention in forex markets.
United Kingdom (UK) Deputy David Lammy to Prime Minister (PM) Keir Starmer said during the European trading session on Monday that the PM will not set out a timetable for his departure from Downing Street, according to Sky News. "There will be no timetable for departure," Lammy told, adding that he
ING analysts Warren Patterson and Ewa Manthey say Brent remains supported as the oil market reprices ongoing supply disruptions linked to the US-Iran standoff and tensions in the Persian Gulf.
Danske Research Team reports that global equities fell on Friday and remain weak, with Asian markets and US and European futures softer.
European Central Bank President Christine Lagarde said at the sidelines of the G7 finance ministers meeting in Paris, "I always worry, that's my job!” when asked if she was worried by a sell-off in global bond markets.
Bank of England (BoE) Deputy Governor Sarah Breeden warned that political uncertainty is hitting the business environment and cautioned that the UK central bank should not be "trigger happy" when adjusting interest rates, the Financial Times reported on Monday.
According to the China National Bureau of Statistics's (NBS) statistician, the economy is facing external challenges, but internal driving forces remain unchanged and solid.
AUD/USD loses ground for the third consecutive day, trading around 0.7130 during the Asian hours on Monday. The pair depreciates following key economic data from Australia’s close trading partner, China.
China’s Retail Sales rose 0.2% year-over-year (YoY) in April vs. 2.0% expected and 1.7% in March, the latest data released by the National Bureau of Statistics (NBS) showed Monday.
USD/JPY extends its gains for the sixth successive day, trading around 158.90 during the Asian hours on Monday. The US Dollar (USD) gains value against other currencies because the US Federal Reserve (Fed) is shifting toward a more aggressive stance on inflation.
US President Donald Trump warned Iran the "clock is ticking" as talks to bring the war to an end have stalled, CNBC reported on Sunday.
ING analysts see Taiwan’s external demand remaining a key growth driver, led by technology exports. They expect export orders to stay very strong, even as the year-on-year rate moderates.
DBS economists Taimur Baig and Radhika Rao anticipate Singapore’s April 2026 non-oil domestic exports to rise 11.5% year-on-year, marking an eighth consecutive month of expansion after 15.3% in March.
ING’s Min Joo Kang expects Japan’s economy to maintain similar growth to the previous quarter, with first-quarter Gross Domestic Product (GDP) seen rising 0.3% quarter-on-quarter.
OCBC's strategist Christopher Wong says Asian FX remains constrained by a firm Dollar and higher US yields, despite some optimism around US–China talks. The Renminbi (RMB) is the main outperformer on lower USD/CNY fixes and policy-tolerated appreciation, but broader Asia FX stays soft.