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News updates related to the USD
The Japanese yen is nearing 160 JPY/USD despite a record $73.6 billion intervention package.
The Japanese currency recorded the worst performance among G10 currencies in May. Market attention is now focused on the Bank of Japan's (BOJ) policy meeting on June 16th.
Market
Goldman Sachs raised its 2026 copper price forecast to $13,735 per ton due to supply shortages.
Goldman Sachs forecasts that copper prices will reach $13,800 per ton by 2027 amid tightening global production and strong demand from the US.
Goldman Sachs forecasts copper prices to reach $13,735 per ton in 2026.
Goldman Sachs has just significantly revised upwards its copper price forecast for 2026-2027 due to a global supply deficit and strong import demand from the US market.
Chelsea spends $175 million on Florian Wirtz, Liverpool pursues Micky van de Ven
Chelsea are ready to break their transfer record for Florian Wirtz, while Liverpool are planning to replace Ibrahima Konate with Tottenham's speedster Micky van de Ven.
Nghe An's import and export turnover has made an impressive breakthrough, reaching 4.3 billion USD in the first 5 months of the year.
Despite the fluctuations and difficulties of the global economy, Nghe An's import and export activities in the first months of the year still recorded many positive results with a total export turnover...
SK bioscience is transferring vaccine technology to Colombia in a $260 million project.
SK bioscience has signed an agreement with VECOL to localize vaccine production in Colombia, starting with the SKYVaricella chickenpox vaccine as part of a 10-year healthcare self-sufficiency roadmap.
World metal prices on May 28: Gold falls to $4,394.86 per ounce.
The global metals market is showing a clear divergence, with precious metals declining under pressure from the US dollar, while metals used in the battery industry maintain their long-term growth momentum.
Middle East conflict drives aluminum prices soaring, adding $5 billion to US solar power costs.
May 28, 2026 11:03
Global aluminum prices have surged due to supply disruptions in the Middle East, driving up the cost of installing solar power mounting systems in the US by 20% and threatening new projects.
Xiaomi loses $5,600 for each electric vehicle sold in the first quarter of 2026.
May 27, 2026 15:00
Despite achieving $2.9 billion in electric vehicle revenue with a 6.6% sales growth, Xiaomi still recorded an operating loss of $457 million in the first quarter of 2026 due to rising component costs.
Barcelona are considering spending $35 million to buy Marcus Rashford outright: A gamble and stability.
May 27, 2026 11:30
Faced with a $35 million buyout clause from Manchester United, Barcelona must balance Marcus Rashford's professional contribution with the financial pressure from La Liga regulations.
The Chinese yuan depreciated to 6.7866 yuan/USD due to geopolitical tensions.
May 26, 2026 17:02
The Chinese yuan (CNY) edged lower against the US dollar in morning trading on May 26 after US military actions in Iran dampened expectations of a peace deal.
US bond yields surge due to the Iran conflict, with public debt interest rates expected to rise by billions of dollars.
May 25, 2026 13:32
The yield on 10-year US Treasury bonds has reached 4.58%, its highest level since January 2025. This situation could cost the US government an additional $30 billion in interest payments on public debt this year...
Steel imports in the first four months of 2026 reached $3.61 billion, with a surge in the Indian market.
May 25, 2026 10:01
Vietnam imported 5.04 million tons of steel in the first four months of 2026, with a slight increase of 0.15%. Notably, China's market share shrank while supply from India increased to a record high.
Real Madrid target blockbuster signing Rodri, MU spends $116 million on Tonali.
May 23, 2026 18:02
The transfer market is in turmoil as Real Madrid plans to acquire Rodri, while Manchester United are determined to sign Sandro Tonali to rebuild their midfield.
Nghe An province approves VSIP's $26 million industrial park project in Tan Chau commune.
May 23, 2026 16:36
South Korea spends $3 billion to buy 24 MH-60R Seahawk helicopters to counter submarines.
May 23, 2026 11:31
The agreement to purchase an additional 24 MH-60R helicopters will triple South Korea's anti-submarine warfare fleet, amid North Korea's development of Russian-technology submarines.
World metal prices on May 21st: Gold rises over $17, Lithium surges 61% year-to-date.
May 21, 2026 17:03
The metals market showed mixed performance on May 21st, with gold and copper recovering slightly. Notably, lithium continued its strong growth momentum, increasing by more than 61% since the beginning of the year.
Rice prices on May 21st: Summer-Autumn rice prices increased slightly, while export Jasmine rice prices rose by $17/ton.
May 21, 2026 10:00
On May 21st, the rice market saw a slight increase in the price of early summer-autumn rice due to low supply. Meanwhile, the export price of Vietnamese Jasmine rice rose sharply by $17/ton to $529/ton.
Rice prices on May 21st: Summer-Autumn rice prices increased slightly, export rice prices rose to $529/ton.
May 21, 2026 09:30
Early summer-autumn rice prices in the Mekong Delta are showing an upward trend due to limited supply. Meanwhile, the export price of Vietnamese Jasmine rice has increased sharply by $17/ton compared to the beginning of the week.
The USD Index remained high at 99.306 points amid the possibility of the Fed tightening monetary policy.
May 20, 2026 12:32
The US dollar remained near a six-week high on May 20th as tensions in the Middle East increased expectations of a Fed interest rate hike and pushed US bond yields to record highs.
The U.S. Army is seeking inexpensive missiles costing under $1 million for its Patriot system.
May 20, 2026 09:29
The US Department of Defense is working to reduce operational costs by developing a new line of interceptor ammunition for the Patriot system at only one-fifth the current price.
World gold prices recovered to $4,549.54 per ounce, while silver prices rose sharply.
May 19, 2026 14:02
The metals market on May 19th saw a recovery in precious metals as the US dollar weakened. Meanwhile, industrial metals and raw materials maintained their growth momentum thanks to...
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