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WTI rebounds toward $91.00 as US forces conduct strikes in southern Iran
West Texas Intermediate (WTI) oil price gains ground after four days of losses, trading around $90.60 per barrel during the Asian hours on Tuesday. Crude oil prices advance on renewed supply concerns after the United States (US) forces conducted self-defense strikes in southern Iran on Monday.
New Zealand Dollar declines due to increasing risk aversion
NZD/USD depreciates after registering modest gains in the previous day, trading around 0.5860 during the Asian hours on Tuesday. The pair depreciates as the US Dollar (USD) advances on rising safe-haven demand amid uncertainty surrounding the US-Iran peace agreement.
Fxstreet
Tue, May 26
Singapore: Ai tailwinds offset conflict drag – UOB
UOB’s Jester Koh notes that Singapore’s 1Q26 GDP was sharply revised higher and that MTI kept its 2026 growth forecast at 2.0–4.0%. The bank raises its 2026 GDP forecast to 3.2%, citing sustained AI-related demand and strong electronics indicators.Fxstreet
Mon, May 25
Singapore Dollar: Range trade bias against US Dollar holds – UOB
UOB’s Quek Ser Leang and Lee Sue Ann expect USD/SGD to edge lower and test 1.2760 in the near term, though a sustained break below that level is unlikely. They maintain a 1–3 week range-trading view between 1.2730 and 1.2820, with major support at 1.2730 seen as intact.
Fxstreet
Mon, May 25
Singapore: Growth resilience with AI tailwinds – DBS
DBS Group Research economist Chua Han Teng assesses Singapore’s economic outlook as resilient but increasingly tested by Middle East tensions and energy risks. The bank highlights strong 1Q26 GDP data, robust AI-driven exports, and solid services and construction activity.Fxstreet
Mon, May 25
Equities: Stocks track rising bond yields – HSBC
HSBC Asset Management discusses how rising global bond yields, including higher US 10-year Treasuries, are affecting global equities. The report argues that current yield moves are still consistent with an environment stocks can tolerate, as real yields remain low and profit growth is strong.Fxstreet
Mon, May 25
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