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MUFG

June 12, 2026

Asia FX Talk

Weekly UpdateFXCommoditiesRates Govt BondsEnergyMaterials

The report highlights easing oil prices and a weaker US dollar amid reports of a potential US-Iran deal. Meanwhile, stronger-than-expected US producer price inflation keeps the Federal Reserve's rate policy outlook uncertain.

Key Takeaways

  • 1.Oil prices eased and the US Dollar weakened as optimism regarding a potential US-Iran deal emerged.
  • 2.US producer price inflation exceeded expectations, though some components are expected to be temporary.
  • 3.Indonesia is scaling back plans to centralize exports of strategic commodities, focusing on tighter monitoring instead.

Table of Contents

  • Market Highlights
  • Ahead Today

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Authors

Michael Wan

Securities

US 10-Year TreasuryIndonesian Sovereign Bond

Themes

Geopolitical RiskInflation DynamicsCommodity Export Policy

Regions

Asia PacificUnited StatesIranIndonesia
Asia FX Talk | Finvaulta