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Fed Williams: Job market stabilizes as inflation uncertainty looms
John Williams, President of the Federal Reserve (Fed) of New York, spoke on Thursday and said that the job market has stabilized, acknowledging that he is not surprised to see near-term inflation expectations rise.
Fxstreet
Thu, May 14
EU-China trade: Pragmatic stance and targeted risks – Standard Chartered
Standard Chartered economists Christopher Graham and Carol Liao discuss the EU’s widening trade deficit with China, highlighting the autos sector as a key example of the imbalance.
Fxstreet
Thu, May 14
South Korea Import Price Growth (YoY) climbed from previous 18.4% to 20.2% in April
South Korea Import Price Growth (YoY) climbed from previous 18.4% to 20.2% in April
Fxstreet
Thu, May 14
South Korea Export Price Growth (YoY) rose from previous 28.7% to 40.8% in April
South Korea Export Price Growth (YoY) rose from previous 28.7% to 40.8% in April
Fxstreet
Thu, May 14
Argentina Consumer Price Index (MoM) registered at 2.6% above expectations (2.5%) in April
Argentina Consumer Price Index (MoM) registered at 2.6% above expectations (2.5%) in April
Fxstreet
Thu, May 14
USD/CNH: Decline extends toward 6.77–6.69 targets – Societe Generale
Societe Generale strategists observe that USD/CNH has resumed its decline after repeated failures at the 50-DMA, which has capped rebounds since last year.
USD/CNH
Fxstreet
Thu, May 14
Chinese Yuan: Earnings support and limited FX risk – BNY
BNY’s Geoff Yu notes that stronger Chinese industrial profits and reflation allow firms to absorb modest Chinese Yuan (CNY) appreciation without undermining exporters.
Fxstreet
Thu, May 14
Fed: Holding pattern extends into 2027 – TD Securities
TD Securities economists Oscar Munoz and team revise their Fed outlook, now projecting no rate cuts in 2026 as persistent inflation pressures from the Iran conflict, elevated Oil and strained supply chains delay disinflation.
Brent
Fxstreet
Thu, May 14
China: US talks, yuan push and geopolitics – Rabobank
Rabobank's Global Strategist Michael Every outlines China’s central role in current geopolitical and financial dynamics. Every covers Trump’s visit to Beijing and potential outcomes from US-China talks, questions over a possible Grand Bargain, and China’s leverage over Iran.
US Dollar Index
Fxstreet
Thu, May 14
BoE’s Pill: Cannot say now if rate rise would only be temporary
Bank of England (BoE) MPC member, Huw Pill, said that he does not expect second-round effects to be as strong as in 2022, and also that the second-round effects are behavioral, affected by what the BoE does next. He spoke at an event hosted by NatWest on Thursday.
Fxstreet
Thu, May 14
United States 4-Week Bill Auction: 3.605% vs previous 3.61%
United States 4-Week Bill Auction: 3.605% vs previous 3.61%
Fxstreet
Thu, May 14
US: Higher inflation risks delay Fed easing – UOB
UOB’s Senior Economist Alvin Liew notes that United States (US) inflation pressures have broadened beyond energy, with April Consumer Price Index (CPI) and Producer Price Index (PPI) both reaccelerating and core measures drifting further above the Federal Reserve’s 2% target.
Fxstreet
Thu, May 14
Fed’s Schmid: Continued inflation is the most pressing risk to the economy
Jeffrey Schmid, President of the Federal Reserve (Fed) Bank of Kansas City, said that Continued inflation is the most pressing risk to the economy.
US Dollar Index
Fxstreet
Thu, May 14
United States EIA Natural Gas Storage Change meets forecasts (85B) in May 8
United States EIA Natural Gas Storage Change meets forecasts (85B) in May 8
Fxstreet
Thu, May 14
United States Business Inventories registered at 0.9% above expectations (0.8%) in March
United States Business Inventories registered at 0.9% above expectations (0.8%) in March
Fxstreet
Thu, May 14
Fed: Extended pause before cautious easing – UOB
UOB’s Senior Economist Alvin Liew revises its Federal Reserve (Fed) outlook following hotter United States (US) inflation data.
Fxstreet
Thu, May 14
Norwegian Krone: Further upside potential versus SEK – Rabobank
Rabobank’s FX Strategy team notes that NOK/SEK has gained around 11% year-to-date as the Norwegian central bank turned more hawkish while the Riksbank stayed on hold. They highlight sticky inflation and Norway’s energy-exporter status as supportive for the Norwegian Krone.
USD/NOK
Fxstreet
Thu, May 14
Russia Foreign Trade came in at $13.966B, above forecasts ($11.8B) in March
Russia Foreign Trade came in at $13.966B, above forecasts ($11.8B) in March
Fxstreet
Thu, May 14
British Pound: Volatility focus shifts to politics – DBS
DBS Bank’s Philip Wee reviews recent FX volatility through the Pound, noting that GBP has been more resilient than EUR and CHF since Operation Epic Fury, helped by the UK’s lower exposure to the energy shock and higher policy rates.
EUR/GBP
GBP/USD
Fxstreet
Thu, May 14
US: Initial Jobless Claims rose to 211K last week
According to a report from the US Department of Labour (DOL) released on Thursday, the number of US citizens submitting new applications for unemployment insurance increased to 211K for the week ending May 9.
Fxstreet
Thu, May 14
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