Monthly Archives: May 2026

PBoC extends 18-month gold buying streak with April top-up as central bank demand stays firm

Written on May 8, 2026 at 11:58 pm, by

PBoC boosted gold reserves in April, adding 8.1 tonnes and extending its buying streak to 18 months.

GBP/JPY edges higher as weak yen, high oil and yield gap support carry trade

Written on May 8, 2026 at 11:29 pm, by

GBP/JPY climbed to 213.31 as weak Yen, high oil prices, and rate gaps supported gains.

TD Securities Sees April US CPI Accelerating, While Markets Brace for Higher-for-Longer Fed Rates

Written on May 8, 2026 at 11:29 pm, by

TD Securities forecasts April US CPI rising: core 0.38% m/m (2.8% y/y); headline 0.56% (3.7%).

US jobs cool as inflation stays sticky, leaving Federal Reserve outlook uncertain and volatility trades favoured

Written on May 8, 2026 at 11:00 pm, by

April US payrolls beat forecasts at 115K; unemployment stayed 4.3%, participation dipped, wages rose 3.6%. Dollar fell.

Canada jobless rate climbs to 6.9% as employment falls, weighing on the Canadian Dollar

Written on May 8, 2026 at 10:58 pm, by

Canada’s unemployment rose to 6.9% in April; jobs fell 17.7K, wages cooled; USD/CAD stayed firm.

Sterling Rallies as Risk Appetite Holds, Markets Eye US Payrolls and Bank of England Signals

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

Sterling gained in Europe as risk appetite improved on US–Iran ceasefire hopes, ahead of key US jobs data.

Trade Deficit Drive Weighs on Dollar as Steady Jobs Data Keeps Currency Range-Bound

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

Narrowing US trade deficit may reduce dollar recycling into securities, weighing on USD; jobs and sentiment awaited.

Gold edges up as China extends central bank buying streak amid Middle East tensions

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

Gold edges higher on safe-haven demand; China’s central bank logs 18th straight month of purchases.

Iran’s Araghchi condemns US tanker actions as markets shrug off Strait of Hormuz risk

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

Iran condemns U.S. Navy actions against two tankers, rejects missile claims, and warns Tehran won’t yield.

TD Securities job forecast upended as US payrolls surge, fuelling hawkish Fed repricing and hedging strategies

Written on May 8, 2026 at 8:59 pm, by

TD Securities predicts 80k April payroll gain, driven by healthcare; unemployment 4.3%, earnings +0.2% m/m, 3.7% y/y.

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