View:
May 12, 2026
May 11, 2026
FX Daily Strategy: Asia, May 12th
May 11, 2026 9:00 PM UTC
Volatility keeps compressing while the 'dash for compute' o/b rally and options arm wrestle goes on
No break in trend but if the fever breaks, USD and JPY correct
US CPI data to keep the Fed in defensive wait and see mode
Focus starts to turn to US-China meetings
FX Daily Strategy: APAC, May 12th
May 11, 2026 4:55 PM UTC
Volatility keeps compressing while the 'dash for compute' o/b rally and options arm wrestle goes on
No break in trend but if the fever breaks, USD and JPY correct
US CPI data to keep the Fed in defensive wait and see mode
Focus starts to turn to US-China meetings
U.S. April Existing Home Sales - Flat picture, downside risk
May 11, 2026 2:13 PM UTC
April existing home sales at 4.02m were slightly softer than expected and up only 0.2% from March, but with March revised up to 4.01m from 3.98m the net result can be seen as close to consensus, while trend continues to have little direction.
Preview: Due May 12 - U.S. April CPI - Energy, air fares and a housing distortion
May 11, 2026 12:28 PM UTC
We now expect April CPI to increase by 0.6% overall and 0.4% ex food and energy, with respective gains before rounding being 0.57% and 0.41%. Energy is likely to add close to 0.2% to the overall gain and feed through from energy is likely to add around 0.1% to the core, largely in air fares. There i