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Brent: Supply risks lift prices – Commerzbank
Commerzbank highlights that Brent crude surged 3.4% to around USD107.77 as supply disruptions in the Persian Gulf intensified. Satellite imagery shows Iranian exports from Kharg Island nearly halted, with tankers used as floating storage.
Fxstreet
Wed, May 13
Australian Dollar: Constrained within range versus US Dollar – UOB
UOB strategists Quek Ser Leang and Lee Sue Ann see AUD/USD consolidating after a brief dip to 0.7209, with intraday trade expected between 0.7215 and 0.7255. The firm underlying tone suggests the pair could edge higher in the coming 1–3 weeks, though gains are seen limited below 0.7280.
Fxstreet
Wed, May 13
Equities: Defensive sectors outperform as chips retreat – Danske Bank
Danske Research Team notes global equities slipped modestly, with the S&P500, Nasdaq and Russell2000 all lower. Semi-conductors in the S&P500 underperformed after a strong prior run, while defensive sectors such as healthcare and staples led gains.Fxstreet
Wed, May 13
ECB's Villeroy: Central bank must be ready to intervene on second-round effects
European Central Bank (ECB) Governing Council member and Governor of the Bank of France, François Villeroy de Galhau, said on Wednesday that the central bank must be ready to intervene in the second round effects.Fxstreet
Wed, May 13
Swiss Franc steadies above 0.7800 as traders brace for US PPI data, Trump-Xi summit
The USD/CHF pair trades on a flat note around 0.7805 during the early European trading hours on Wednesday. Traders await the key US inflation data and continue to assess the developments surrounding US-China talks later this week.
Fxstreet
Wed, May 13
Chinese-US leaders hold talks in Seoul ahead of high-profile leaders’ summit
Ahead of US President Donald Trump’s state visit to China, US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng will hold economic and trade negotiations in South Korea on Wednesday, the South China Morning Post reported on Wednesday.Fxstreet
Wed, May 13
RBNZ Survey: NZ two-year inflation expectations rise to 2.53% QoQ in Q2 2026
New Zealand's (NZ) inflation expectations rose on a 12-month time frame and on a two-year time frame for the second quarter of 2026, the Reserve Bank of New Zealand’s (RBNZ) latest monetary conditions survey showed on Wednesday.
Fxstreet
Wed, May 13
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