Explore the world.

Assess underlying market conditions and fundamentals in the world's major economies.

World
Global
Americas
United States
Canada
Mexico
Europe
Euro Area
United Kingdom
Asia Pacific
China
Japan
Australia

Stay ahead.

Follow the biggest stories in markets and economics in real time.

Analysis
Blog
Views
Calendar

Subscribe

Get insight into the latest trends and developments in global currency markets with breaking news updates and research reports delivered right to your inbox.

After signing up, you will receive regular newsletters from Corpay, and may unsubscribe at any time. View Corpay’s Privacy Policy

Daily Market Briefing, Asia Pacific

18 Jun 2025

Holding on

• Holding on. Consolidation in markets with US equities & bond yields little changed. Lower vol. helped AUD & NZD edge higher.• US Fed. Policymakers still projecting two cuts in late-2025. But fewer reductions are anticipated in 2026 because of tariff-related inflation risks.• AU jobs. Monthly Australian employment figures out today. After a strong result in April will the volatile series show some payback in May? Global Trends Following the zigzag moves over the past few days on the back of evolving Middle East news markets consolidated overnight ahead of the US public holiday. The S&P500 was range-bound as were...

Read More Read More
17 Jun 2025

Worries return

• Turnaround. Middle East concerns returned overnight. Oil rose, US equities & bond yields declined. USD firmer. AUD & NZD lost ground.• Fluid situation. More headline driven volatility looks likely near-term. As seen the past few days sentiment can turn course quickly.• US Fed. No policy changes expected tomorrow. But will the US Fed tweak its ‘dot plot’ given inflation risks stemming from trade tariffs? Global Trends Geopolitical driven market gyrations continued overnight. Yesterday’s cautiously optimistic view on the Israel/Iran conflict reversed course with sentiment souring again. President Trump cut short his time at the G7 meeting and a flurry...

Read More Read More
16 Jun 2025

Upbeat vibes. Will it last?

• Improved vibes. Turnaround in markets overnight on reports Iran is looking to restart nuclear talks. Equities rose, oil prices eased. AUD & NZD rebounded.• Macro trends. Middle East situation remains fluid. Data wise, US retail sales out tonight. Signs consumer spending is holding up may give the USD a boost.• China pulse. Retail sales in China stronger. Industrial output also expanded. Developments in China are important for AUD’s medium-term trend. Global Trends Risk sentiment improved overnight. Markets have taken a more sanguine view of the Israel/Iran conflict given the fighting hasn’t spread across the region and because of reports...

Read More Read More
15 Jun 2025

The fog of war

• Middle East conflict. Developments dampened sentiment. Oil prices spiked & equities slipped back. USD firmer. AUD & NZD lost some ground.• Volatility. Geopolitical tensions can generate more bursts of volatility. This adds to the economic uncertainty stemming from various US policies.• Event Radar. AU jobs report (Thurs) is due. China data out today. In the US retail sales & Fed meeting in focus. BoJ & BoE also on the schedule. Global Trends Developments in the Middle East rattled markets on Friday, and with Israel and Iran continuing to trade blows over the weekend investor nervousness is likely to continue...

Read More Read More
11 Jun 2025

Crosscurrents

• Mixed signals. Positive US CPI offset by lack of US/China trade progress. S&P500 dipped, as did bond yields. AUD & NZD also eased back.• Tariff impacts. Some signs of tariffs in US inflation. But other factors working the opposite way. Will US inflation re-accelerate down the track?• Data flow. US producer prices & jobless claims tonight. Next week US Fed meets, China data is due, & the AU jobs report is released. Global Trends Contrasting US economic and trade tariff news generated a few intra-session market swings overnight. On the more positive front US CPI came in a little...

Read More Read More

About

Contact

Data and information on this website is provided “as is” and for informational purposes only. Information on the website does not bind Corpay in any way; nor is it not intended as advice, a recommendation or an offer or solicitation for the purchase or sale of any financial products. Data and other information are not warranted as to completeness or accuracy and are subject to change without notice. All charts or graphs are from publicly available sources, or our proprietary data. Nothing in this material should be construed as investment, financial, tax, legal, accounting, regulatory or other advice or as creating a fiduciary relationship. Corpay disclaims any responsibility or liability to the fullest extent permitted by applicable law, for any loss or damage arising from any reliance on our use of the data in any way. You should contact your Corpay sales representative for clarification on the range of financial instruments available in your jurisdiction. Copyright Cambridge Mercantile Corp. 2022.