Posted at 08 June 2026 / Categories Market Roundups
Market Roundup
• Japan GDP (QoQ) (Q1): 0.5%, 0.5% forecast, 0.3% previous
• Japan GDP Price Index (YoY) (Q1): 3.2%, 3.4% forecast, 3.4% previous
• Japan Adjusted Current Account (Apr): 4.21T, 3.26T forecast, 3.90T previous
• Japan GDP Annualized (QoQ) (Q1): 1.8%, 2.1% forecast, 0.7% previous
• Japan Current Account n.s.a. (Apr): 3.907T, 3.137T forecast, 4.682T previous
• Japan GDP Capital Expenditure (QoQ) (Q1): -0.7%, 0.3% forecast, 1.2% previous
• Japan GDP Private Consumption (QoQ) (Q1): 0.3%, 0.3% forecast, 0.1% previous
• Japan GDP External Demand (QoQ) (Q1): 0.3%, 0.3% forecast, 0.0% previous
• Japan Bank Lending (YoY) (May): 5.7%, 5.6% forecast, 5.4% previous
• Japan Economy Watchers Current Index (May): 43.6, 41.9 forecast, 40.8 previous
• German Factory Orders (MoM) (Apr): -3.8%, -2.2% forecast, 4.5% previous
Looking Ahead Economic Data (GMT)
•08:30 EUSentix Investor Confidence (Jun)-13.8 forecast,-16.4 previous
Looking Ahead Events And Other Releases (GMT)
• No Events Ahead
Currency Summaries
EUR/USD : The euro initially dipped but recovered some ground on Monday as investors were unsettled escalating tensions in the Middle East. Israel said it struck military targets in western and central Iran on Monday, even after U.S. President Donald Trump reportedly told Israeli Prime Minister Benjamin Netanyahu to refrain from further attacks. As a result, the oil price jumped nearly 5% , which added a layer of nervousness for investors . U.S. President Donald Trump said on Sunday he would tell Israeli Prime Minister Benjamin Netanyahu not to strike back after Iran fired a salvo of missiles at Israeli targets in retaliation for an attack on the outskirts of Beirut . Immediate resistance can be seen at 1.1633(SMA20), an upside break can trigger rise towards 1.1673(50%fib).On the downside, immediate support is seen at 1.1505(61.8%fib), a break below could take the pair towards 1.1481(Lower BB).
GBP/USD: The pound slipped on Monday as investors reacted to renewed Middle East tensions following fresh Israeli strikes on Iran and earlier attacks on Lebanon. Israel said it targeted a petrochemical plant in southwest Iran and other military sites, despite reports that U.S. President Donald Trump had urged Israeli Prime Minister Benjamin Netanyahu to avoid further escalation.It marked the first reported strike on an Iranian energy facility since the April 8 ceasefire, with Israel stating it hit the Mahshahr petrochemical complex. Iranian media reported damage to parts of the plant.Rising hostilities have dampened hopes for a near-term resolution to the conflict and raised concerns over disruptions to oil and LNG flows through the Strait of Hormuz, a key global energy shipping route.Immediate resistance can be seen at 1.3463(SMA 20), an upside break can trigger rise towards 1.3526(50%fib).On the downside, immediate support is seen at 1.3317(50%fib), a break below could take the pair towards1.3265(Lower BB).
AUD/USD: Australian dollar traded in narrow range on Monday as escalating tensions in the Middle East kept investors cautious .Israel said it struck military targets in western and central Iran on Monday, despite reports that U.S. President Donald Trump had urged Prime Minister Benjamin Netanyahu to avoid further attacks.Iran fired missiles at Israeli targets in retaliation, escalating tensions and putting U.S.–Iran peace talks at risk. However, President Trump said the agreement to end the wider conflict remains achievable, insisting the strikes will not derail negotiations.Oil prices jumped over 3% in early Monday trading as renewed hostilities pushed Brent crude back above $96 a barrel.Trading volumes may remain lighter than usual, with financial markets in Sydney and Melbourne closed on Monday.. Immediate resistance can be seen at 0.7170(38.2%fib), an upside break can trigger rise towards 0.7189(SMA 20).On the downside, immediate support is seen at 0.7027(50%fib), a break below could take the pair towards 0.7000(50%fib).
USD/JPY: The dollar edged higher slightly on Monday after upbeat US jobs data on Friday and renewed Middle East conflict boosted the US dollar. Geopolitical tensions in the Middle East escalated as Iran fired missiles at Israel in response to Israeli strikes on Beirut, with Israel also launching retaliatory strike. Japan’s economy lost momentum in the January-March ?quarter from the previous three months on sluggish capital expenditure, revised gross domestic product data showed on Monday, pointing to challenges ahead due to the Middle East conflict. The GDP figures released by the Cabinet Office showed the economy expanded an annualised 1.8% in the first quarter, worse than the initially estimated ?2.1% but better than economists' median forecast for 1.3% growth. On the monetary policy front, the Bank of Japan is widely expected to raise interest rates later this month as policymakers contend with persistent inflationary pressures driven by higher energy costs. Immediate resistance can be seen at 160.00(Psychological level) an upside break can trigger rise towards 160.00(Psychological level) .On the downside, immediate support is seen at 158.23(SMA 20) a break below could take the pair towards 157.78(50%fib).
Equities Recap
Japan's Nikkei share average fell more than 3% while the yen traded above 160 per dollar on Monday on renewed concerns about technology valuations and a flare-up in Middle East hostilities.
Japan’s Nikkei 225 was down by 3.74% , Hang Seng was down at 1.33%, China A50 was down at 1.59%
Commodities Recap
Gold prices extended losses ?on Monday to their lowest point in more than two months, on fears of a U.S. rate hike following a strong jobs report, while renewed hostilities in the Middle East pushed oil prices higher and fanned inflation concerns.
Spot gold was down 0.3% at $4,315.71 per ounce by 0725 ?GMT, falling to its lowest since March 23 earlier in the session. Prices ?fell about 3% on Friday, hitting an over two-month low.
Oil prices jumped more than $4 on Monday, with investors spooked by fresh Israeli strikes on Iran as well as renewed attacks on Lebanon a day earlier.
Brent crude futures rose $4.42 or 4.47% to $97.15 a barrel as of 0609 GMT, while U.S. crude futures were up $4.07 or 4.50% at $94.61 per barrel.