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United States ISM Manufacturing PMI rises to 54 in May vs. 53 expected
The business activity in the United States' (US) manufacturing sector expanded at an accelerating pace in May, with the Institute for Supply Management's (ISM) Manufacturing Purchasing Managers' Index (PMI) rising to 54 from 52.7 in April.Fxstreet
Mon, Jun 1
Euro: CPI path cushions downside against dollar – BBH
Brown Brothers Harriman’s (BBH) Elias Haddad expects Eurozone May Consumer Price Index (CPI) to remain close to the European Central Bank's (ECB) baseline projections, with risks skewed slightly lower after softer German data. Markets have nearly fully priced a 25 bps hike to 2.25% on June 11.
Fxstreet
Mon, Jun 1
Polish Zloty: Pressured by politics and energy shock – Commerzbank
Commerzbank’s Tatha Ghose highlights that the Polish Zloty has underperformed CE3 - Polish Złoty (PLN), Czech Koruna (CZK), and Hungarian Forint (HUF) - peers in 2026, with political risk overshadowing macro fundamentals.
Fxstreet
Mon, Jun 1
Swedish Krona: Riksbank path a headwind for Swedish Krona – BBH
Brown Brothers Harriman’s (BBH) Elias Haddad argues that Sweden’s benign inflation and spare capacity support an extended Riksbank hold. While the central bank projects its policy rate at 1.75% until late 2026, swaps price a more aggressive tightening path.
Iran’s Araghchi: Warns US and Israel against potential attacks across all fronts, including Lebanon
Iranian Foreign Minister Seyed Abbas Araghchi warns of serious consequences, in a post on X, formerly known as Twitter, that the United States (US) and Israel would face serious consequences if there any military action across all fronts, including Lebanon.Fxstreet
Mon, Jun 1
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