交易新闻

West Texas Intermediate (WTI) US Crude Oil prices kick off the new week on a softer note and erode a part of Friday's strong gains to levels just above the $64.00 mark, or the highest since April 23.

USD/CAD retraces its gains from the previous session, trading around 1.3680 during the Asian hours on Monday. The pair edges lower as the US Dollar (USD) corrects downward after registering approximately 0.50% gains on Friday following United States (US) jobs data for May.

China's Trade Balance for May, in Chinese Yuan (CNY) terms, arrived at CNY743.56 billion, expanding from the previous figure of CNY689.99 billion.

China Trade Balance USD came in at $103.22B, above expectations ($101.3B) in May

China Imports (YoY) came in at -3.4% below forecasts (-0.9%) in May

China Exports (YoY) below expectations (5%) in May: Actual (4.8%)

The Japanese Yen (JPY) edges higher at the start of a new week in reaction to an upward revision of Japan's Q1 GDP print.

The Australian Dollar (AUD) edges higher against the US Dollar on Monday, recovering its losses from the previous session. The AUD/USD pair remains stronger following the release of China’s key economic data.

The NZD/USD pair attracts some buyers to around 0.6035 during the Asian trading hours on Monday. The New Zealand Dollar (NZD) strengthens against the Greenback after the Chinese inflation data. Traders will closely monitor trade talks between the US and China later on Monday.

European Central Bank (ECB) Governing Council member Joachim Nagel spoke earlier on Sunday and said that the central bank can take its time on interest rates with monetary policy now set at a neutral level that is no longer restrictive, per Reuters.

European Central Bank (ECB) board member Isabel Schnabel said over the weekend that the central bank can take its time on interest rates, adding that inflation is now close to the ECB’s target.

European Central Bank (ECB) President Christine Lagarde said on Monday that interest rates will therefore have to remain restrictive for as long as necessary to ensure price stability on a lasting basis.

China’s Consumer Price Index (CPI) dropped at an annual pace of 0.1% in May after declining 0.1% in April, the National Bureau of Statistics of China reported on Monday. The market consensus was for a 0.2% decrease in the reported period.

China Producer Price Index (YoY) below forecasts (-3.2%) in May: Actual (-3.3%)

China Consumer Price Index (MoM): -0.2% (May) vs previous 0.1%

China Consumer Price Index (YoY) came in at -0.1%, above forecasts (-0.2%) in May

EUR/USD holds steady after registering losses in the previous session, trading around 1.1400 during the Asian hours on Monday.

On Monday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.1855 as compared to Friday's fix of 7.1845.

The GBP/USD pair edges higher during the Asian session on Monday and for now, seems to have stalled its retracement slide from the highest level since February 2022, around the 1.3615 region touched last week.

The Gold price (XAU/USD ) trades on a flat note near $3,310 during the early Asian session on Monday. The rebound in the US Dollar (USD) could weigh on the precious metal. However, uncertainty from US President Donald Trump's tariff policies might help limit the Gold’s losses.