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Real-time News
US-Israel-Iran Conflict: ① Iran 1. Irans Supreme Leader election is reportedly likely to be postponed until next week. 2. Iran claims to have hit the third THAAD anti-missile system deployed by the US military in the Middle East. 3. Irans Islamic Revolutionary Guard Corps launches the 18th round of "True Commitment 4" operations. 4. Iranian Revolutionary Guard Corps advisor: Time is in Irans favor in the war; Iran is prepared for a protracted war. 5. Market news: Iran has begun using underground missile silos. 6. Senior Iranian military official: If the US and Israel pursue regime change, we will target the Dimona nuclear reactor and all regional energy infrastructure. 7. According to Iranian state media: The commander of the Iranian Revolutionary Guard Corps Navy stated that Iran will target US and British ships flying any flag that transport goods for Israel in the Persian Gulf. 8. Iranian President: US and Israeli "aggression" leaves Tehran with no choice but to defend itself. 9. The Iranian military uses the "Hadid-110" high-speed drone for the first time in the conflict. 10. The Iranian Revolutionary Guard Corps stated that the intensity and scope of Iranian strikes will increase in the coming days. 11. Iran vehemently denies rumors of secret peace talks, accusing The New York Times of engaging in "psychological warfare." 12. Iranian forces attack the Israeli Ministry of Defense building and Ben Gurion International Airport, destroying seven radar systems. 13. According to Iranian state media, the farewell ceremony for Irans Supreme Leader Khamenei has been postponed; a new schedule will be announced later. 14. The Iranian Foreign Minister warned of "terrorist activities" in the border region with Iraq. 15. According to Axios, a US official and another source stated that Iran has sent messages to the US in recent days calling for dialogue, but the US has not responded. ②US 1. Reports indicate the White House will convene US defense industry giants to discuss increasing production. 2. A US submarine sinks an Iranian warship in the Indian Ocean. 3. The US extends the national emergency declaration against Iran. 4. US media: The US is on high alert to prevent potential Iranian cyberattacks. 5. US media: The CIA plans to provide weapons to Kurdish forces to overthrow the Iranian regime. 6. US Central Command: First combat use of long-range precision-strike missiles. 7. U.S. Central Command: The U.S. military has struck nearly 2,000 targets in Iran and destroyed 17 Iranian ships. 8. White House: Trump is discussing post-war Irans role and has no plans to deploy ground troops. 9. The U.S. Department of Defense has requested the Defense Industrial Base Alliance to submit proposals by March 20 to strengthen the mining or processing of nickel, graphite, rare earth elements, and other minerals. 10. U.S. Defense Secretary: The U.S. military cannot completely intercept all drones originating from Iran. 11. U.S. House Speaker: The U.S. and Iran are not at war. 12. U.S. Defense Secretary: NATOs interception of Iranian missiles will not trigger collective defense clauses. 13. Levitt read out the four objectives of Operation Epic Fury, which did not explicitly include regime change. 14. The U.S. ordered the evacuation of non-essential government personnel from its two consulates in Pakistan. 15. The U.S. State Department updated its travel advisory for Oman, allowing non-emergency government personnel to leave the country. 16. The U.S. State Department updated its travel advisory for Cyprus, authorizing non-emergency U.S. government employees and their families to leave Cyprus due to security risks. 17. The U.S. State Department updated its travel advisory for Pakistan, advising non-emergency U.S. government personnel to evacuate. 18. According to The Hill: The CIA has ordered the evacuation of all its branches within range of Iranian missiles. This evacuation was carried out following the attacks in Saudi Arabia. 19. U.S. media: The U.S. met with insurance brokerage firms to discuss how to allow ships to pass through the Strait of Hormuz again. ③ Israel 1. The Israeli military claims to have destroyed the defense and reconnaissance systems at Irans Mehrabad airport. 2. The Israeli Defense Minister threatened to assassinate "any" successor to Irans Supreme Leader. 3. U.S. media: Israels strikes against Irans domestic security system are intended to push for a public takeover of the situation. 4. According to Axios: Netanyahu inquired with the White House whether secret negotiations with Iran were underway. 5. The Israeli military eased wartime restrictions on public security, allowing some businesses to resume operations starting Thursday. 6. Israeli Army: Destroys Iranian rocket launch platform and defense system. ④ Other 1. Israeli media: Iraqi Kurdish forces begin ground offensive against Iran. 2. Israeli officials claim clashes between Kurdish forces and Iranian troops. 3. British Prime Minister Starmer: We are replenishing our air defense missile stockpile today. 4. Turkish Ministry of Defense: A ballistic missile launched from Iran and heading towards Turkish airspace has been destroyed by NATO air defense systems in the eastern Mediterranean. Missile debris landed in Hatay, Turkey, causing no casualties. 5. The UAE stated it has no intention of escalating the conflict with Iran. 6. The White House claimed Spain had agreed to cooperate with the US military, which Spain subsequently denied. 7. US-Asia oil transport costs hit a new high, halting some trades.Israeli officials claim that Kurdish armed forces clashed with Iranian troops, following reports that the Kurds had launched a ground offensive.On March 5th, Broadcom (AVGO.O) disappointed investors with its second-quarter revenue guidance, indicating that its progress in artificial intelligence computing is slower than some had anticipated. The companys revenue for the second fiscal quarter (ending May 3rd) was approximately $22 billion, compared to analysts average forecast of $20.5 billion, with some forecasts even exceeding $22 billion. Its stock was virtually unchanged in late trading, after the companys earnings release, which did not generate significant market volatility. As of Wednesdays close, Broadcoms stock price had fallen 8.3% in 2026. This lukewarm reaction reflects the extremely high barriers to entry for AI companies in 2026. Investors are increasingly concerned about an investment bubble in the AI sector; even Nvidias massive earnings report last month triggered a decline in its stock price.A U.S. appeals court ruled that Musk is exempt from testifying regarding the Department of Government Efficiency (DOGE).According to AXIOS, a U.S. official and another source said that Iran has sent messages to the U.S. in the past few days calling for dialogue, but the U.S. has not responded.

USD/CHF Steady at 1.0020 as DXY Pauses, Powell and US Retail Sales Take Center Stage

Daniel Rogers

May 16, 2022 10:46

The USD/CHF pair is bouncing within a small range between 1.0020 and 1.0030 in early Tokyo, as the US dollar index (DXY) is not gaining much traction due to Monday's light economic calendar. Although broad-based fundamentals continue to favor the dollar bulls, the Federal Reserve (Fed) is projected to raise interest rates by another significant number in June in an effort to limit the inflation issue.

 

Last week, Fed's Powell's interview with the national radio show Marketplace revealed the ongoing conversations among Fed policymakers regarding anticipated rate hikes in monetary policies. Fed Powell indicated that the Fed could declare two additional rate hikes in the next two consecutive monetary policy sessions in order to tame the soaring inflation.

 

In the meantime, the US dollar index (DXY) is poised between 104.46 and 104.60 after reaching a new 19-year high of 105.00 on Friday. The DXY appreciates the broader gains but requires further triggers to maintain strong. In the future, two significant events on Tuesday will keep investors occupied. First will be Fed Chairman Powell's speech, which will likely influence monetary policy action in June. The second significant event is the monthly US Retail Sales report, which is anticipated to increase by 0.7% from the previous reading of 0.5%.

 

In terms of the Swiss franc, Friday's Industrial Production data will be the focal point. The catalyst reached 7.3% the previous time. A greater-than-anticipated number will strengthen the Swiss franc against the U.S. dollar. 

USD/CHF

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