United States API Weekly Crude Oil Stock below forecasts (-3.6M) in May 29: Actual (-6.75M)

Jun 2, 2026

Philippine Peso: Year-end 2026 forecast raised to 62.7 against US Dollar – DBS

Philip Wee at DBS Group Research has raised his USD/PHP year-end 2026 forecast to 62.7 from 57.8, reflecting persistent external and domestic pressures. The closure of the Strait of Hormuz and higher Oil prices have widened trade deficits and pushed inflation well above target.

Indonesian Rupiah: Forecasts cut on tougher backdrop – OCBC

OCBC's strategists Sim Moh Siong and Christopher Wong lower their Indonesian Rupiah (IDR) forecasts despite Bank Indonesia’s (BI) larger-than-expected 50 bp hike, arguing that renewed domestic policy uncertainty and an unfavourable external backdrop are weighing on IDR.