United States EIA Crude Oil Stocks Change below forecasts (-2.1M) in May 8: Actual (-4.306M)

May 13, 2026

Japanese Yen: BoJ path and JGB selloff – BNY

BNY’s Bob Savage notes Japanese 20-year yields have climbed to 1997 highs as JGBs track U.S. moves, with markets watching USD/JPY holding below 158. A record current account surplus and supportive comments from U.S. officials reinforce expectations for a BoJ rate hike in June.

Japanese Yen falls as US inflation boosts Fed hike odds, Trump-Xi talks in focus

USD/JPY trades around 157.80 on Wednesday at the time of writing, up 0.13% on the day, as the US Dollar (USD) continues to benefit from renewed hawkish expectations surrounding the Federal Reserve’s (Fed) monetary policy outlook.