News

Asia Roundup: Dollar strength persists, yen in danger zone, Asia stocks bounce, Oil rises slightly- June 9th,2026

Posted at 09 June 2026 / Categories Market Roundups


Market Roundup

•  Japan M2 Money Stock (YoY): 2.5%, 2.4% forecast, 2.3% previous

•  Australia Westpac Consumer Sentiment (Jun): -2.9%, 3.5% previous

•  Australia NAB Business Confidence (May): -14, -23 previous

•  Australia NAB Business Survey (May): 3, 3 previous

•China Trade Balance (USD) (May): 105.43B, 92.10B forecast, 84.80B previous

•China Imports (YoY) (May): 27.4%, 25.0% forecast, 25.3% previous

•China Exports (YoY) (May): 19.4%, 15.0% forecast, 14.1% previous

•China Exports (May): 13.80M, 9.80M previous

•China Trade Balance (May): 723.98B, 625.00B forecast, 585.60B previous

•China Imports (May): 21.50M, 20.60M previous

Looking Ahead Economic Data (GMT)  

•07: 00  German Trade Balance (Apr): 15.4B forecast, 14.3B previous

•07: 00   German Trade Balance (Apr): 15.4B forecast, 14.3B previous

•07: 00   German Industrial Production (MoM) (Apr): 0.4%forecast, -0.7% previous

•07: 00   German Imports (MoM) (Apr): 5.1% previous

•07: 00   German Exports (MoM) (Apr): -0.3%, 0.5% previous

•07: 00  German Industrial Production (YoY) (Apr): -3.00%

•07: 00  Japan  Machine Tool Orders (YoY): 45.1%
 

Looking Ahead Events And Other Releases (GMT)  

• No Events Ahead

Currency Summaries

Looking Ahead Events And Other Releases (GMT)  

• No Events Ahead

Currency Summaries

EUR/USD : The euro edged higher but gains were limited as Middle East uncertainty kept investors cautious.Iran and Israel halted attacks on each other on Monday after an appeal from U.S. President Donald Trump, but tensions ran high as Tehran threatened to resume strikes if Israel continued to hit Iran-backed Hezbollah in Lebanon.U.S. efforts to ?reach a lasting agreement with the Iranians to end their more than three-month-old war have made little headway, ?leaving oil prices elevated and underpinning safe-haven demand for the greenback.The dollar index , which measures the greenback against a basket of currencies including the yen and the euro, was little changed at 100.03.The euro stood at $1.1528. 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 edged higher on Tuesday   as traders assessed a fragile ceasefire between Israel and Iran .Iran and Israel said on Monday they had halted attacks on ?each other after an appeal from U.S. President Donald Trump, though Tehran warned it would resume ‌hostilities ?if Israel continued to hit Hezbollah in Lebanon.Investors are bracing for May's U.S. Consumer Price Index ?data, due on Wednesday, to gauge the Fed's monetary policy ?path.Surprising strength in U.S. payrolls has seen markets almost fully priced for a Federal Reserve tightening by the end of the year.Traders are now pricing in ?a more than ?70% chance of ?a Fed rate hike by December, according to the CME FedWatch tool. 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    edged slightly higher   against dollar on Tuesday, but the broader outlook remains tilted to the downside as risk sentiment stays fragile amid ongoing geopolitical uncertainty.U.S. diplomatic pressure on Iran and Israel has helped reduce immediate escalation fears, but tensions persist  particularly with Yemen’s Houthi rebels threatening to disrupt Israeli maritime traffic in the Red Sea.A survey showed Australian consumer sentiment declined in June amid rising loan costs and petrol prices, with softer housing market expectations.The Westpac-Melbourne Institute survey showed consumer sentiment fell 2.9% in June to 80.6, with readings below 100 indicating more pessimists than optimists.Investors await next week’s Reserve Bank of Australia meeting, with rates expected to stay unchanged. Immediate resistance can be seen at 0.70740(50%fib), an upside break can trigger rise towards 0.7144(SMA 20).On the downside, immediate support is seen at 0.7027(Lower BB), a break below could take the pair towards 0.6986(61.8%fib).

USD/JPY:  The dollar edged edged higher on Tuesday  but fears of imminent currency intervention by Japanese authorities capped the upside for the pair.Japanese Finance Minister Satsuki Katayama said there was no change in Tokyo's stance and reiterated its readiness to take decisive action against excessive currency volatility.Meanwhile, Japan’s Economic Revitalisation Minister Minoru Kiuchi said he hopes the BOJ will cooperate with the government to sustainably reach the 2% inflation target.At a press conference, he noted that the BOJ is responsible for deciding specific monetary policy measures, including any near-term rate hike.The BOJ is expected to raise its short-term policy rate to 1% from 0.75% at its two-day policy meeting ending on June 16 unless a sharp escalation in the Middle East conflict upends markets. Immediate resistance can be seen at 160.46(23.6%fib) an upside break can trigger rise towards 160.58(Higher BB) .On the downside, immediate support is seen at  159.23(June 8th low)  a break below could take the pair towards 159.49(SMA 20).

Equities Recap

Asian stock markets edged higher on Tuesday and oil prices eased after Israel and Iran agreed to pause attacks, while investors also bought the dip in semiconductor stocks.

Japan’s Nikkei 225 was up by  1.96% ,  South Korea’s KOSPI  was up at  6.97%, China A50 was up at 0.36%

Commodities Recap

Gold was steady on Monday as hopes for a possible Israel-Iran ceasefire supported prices, but strong U.S. jobs data lifted expectations of a Fed rate hike and capped gains.

Spot gold ?was steady at $4,334.22 per ounce by 1:42 p.m. ET (1742 GMT), after hitting its ?lowest level since March 23 earlier in the session.

Oil prices edged higher in early Tuesday trade as Iran and Israel left the possibility of renewed attacks open, despite agreeing to pause hostilities after an appeal from U.S. President Donald Trump.

Brent crude futures rose 13 cents, or 0.14%, to $94.38 a barrel at 0001 GMT, while U.S. West Texas Intermediate were up 11 cents, ?or 0.12%, at $91.41 a barrel.


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