Monthly Archives: May 2026

IMD sees below-average monsoon as El Niño risk tests agriculture, while RBI set to hold rates

Written on May 9, 2026 at 9:29 am, by

India forecasts 2026 monsoon 8% below average; El Niño, heatwaves threaten crops, prices; RBI likely holds rates.

USD/JPY drifts towards 156.60 as Middle East tensions lift yen and cap dollar rallies

Written on May 9, 2026 at 9:28 am, by

USD/JPY dips near 156.60 as Yen demand rises on Middle East tensions; US data mixed.

Gold edges higher as softer dollar and easing yields offset robust US jobs, Middle East risks in focus

Written on May 9, 2026 at 8:59 am, by

Gold climbed 0.75% near $4,711 as ceasefire hopes, softer dollar and yields offset strong jobs.

Wells Fargo Sees US CPI Firm, Reinforcing Higher-for-Longer Rates as Energy and Services Bite

Written on May 9, 2026 at 8:58 am, by

Wells Fargo sees April CPI firming: headline 3.8%, core 2.9%, with elevated energy and shelter.

Nomura Warns Iran War May Keep UK Inflation High, Complicating Rates as Growth Stalls

Written on May 9, 2026 at 8:29 am, by

Nomura warns Iran war may keep UK inflation elevated until 2027, weakening growth, boosting Reform support.

USD/CHF Holds Near 0.9080 as Fed-SNB Policy Gap Lifts Dollar Ahead of US PPI

Written on May 9, 2026 at 8:28 am, by

USD/CHF neared two-month lows amid broad dollar weakness, Middle East tensions, and mixed US jobs data.

US oil rig count edges up to 410, reinforcing range-bound WTI and subdued crude volatility

Written on May 9, 2026 at 7:59 am, by

Baker Hughes said US oil rigs totaled 410, slightly beating forecasts of 409, signaling marginally stronger drilling activity.

Gold steadies near $4,714 as US payrolls beat forecasts and Middle East risks linger

Written on May 9, 2026 at 7:58 am, by

Gold steady near $4,714 after jobs data; weaker dollar, oil risks support weekly gain; resistance $5,000.

Dow futures steady ahead of CPI as jobs beat, sentiment slumps and Iran risks favour volatility trades

Written on May 9, 2026 at 6:59 am, by

DJIA futures rose on stronger jobs data; big-tech up, small caps sank; Iran tensions lingered; CPI awaits.

Century Aluminium shares drift as technicians eye $53 support and $65–$68 resistance amid softer aluminium prices

Written on May 9, 2026 at 6:58 am, by

Century Aluminium shares reversed from early-April highs; support at $53.25/$51.13, resistance at $65.61/$68.29.

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