Argentina Tax Revenue (MoM) fell from previous 16071B to 17B in April

May 4, 2026

USD/SGD: Two-way trade with sell-on-rally bias – OCBC

OCBC strategists Sim Moh Siong and Christopher Wong report that USD/SGD fell into the New York close, helped by a sharp Brent decline and a pullback in USD/JPY, easing immediate inflation and yield concerns.

China: Blocking rule reshapes risk calculus – MUFG

MUFG’s Michael Wan flags a significant shift as China formally invokes its 2021 Blocking Statute for the first time, targeting recent US sanctions on five Chinese refineries linked to Iranian Oil.