Monthly Archives: May 2026

Gold climbs above $4,680 as weaker dollar and lower oil offset rate-hike risks

Written on May 6, 2026 at 8:28 pm, by

Gold climbs above $4,680 as dollar and oil fall; Iran deal hopes calm markets, limiting gains.

Riksbank Seen Holding at 1.75% as Iran War Risks Cloud Growth and Challenge Krona Expectations

Written on May 6, 2026 at 7:58 pm, by

Riksbank likely holds 1.75% rate, keeps hike option amid Iran-driven energy shock and weakening confidence.

Italy Retail Sales Beat Forecasts, Fuelling Optimism on FTSE MIB, Bunds and Euro Outlook

Written on May 6, 2026 at 7:58 pm, by

Italy’s March retail sales beat forecasts, rising 0.8% monthly versus an expected 0.4% decline.

Italy Retail Sales Growth Accelerates to 3.7% in March, Supporting Equities and the Euro

Written on May 6, 2026 at 7:28 pm, by

Italy’s non-seasonally adjusted retail sales rose 3.7% year-on-year in March, accelerating from 1.6% previously.

Eurozone services PMI edges up to 47.6, easing contraction and tempering euro gains

Written on May 6, 2026 at 7:28 pm, by

Eurozone HCOB Services PMI rose to 47.6 in April, beating forecasts but still signalling contraction.

German April HCOB Composite PMI beats forecasts as contraction eases, bolstering DAX and euro options case

Written on May 6, 2026 at 6:58 pm, by

Germany’s HCOB Composite PMI rose to 48.4 in April, slightly above forecasts, still indicating contraction.

France’s April HCOB Composite PMI Holds at 47.6, Reinforcing Contraction and ECB Cut Bets

Written on May 6, 2026 at 6:58 pm, by

France’s HCOB Composite PMI matched forecasts at 47.6 in April, signalling continued contraction in private-sector activity.

France Services PMI Holds at 46.5, Reinforcing Contraction and Bolstering ECB Cut Expectations

Written on May 6, 2026 at 6:28 pm, by

France’s HCOB Services PMI held at 46.5 in April, meeting forecasts and signalling continued sector contraction.

RBA Hits 4.35% Peak as Oil Shock Fades, Markets Price Multiple Rate Cuts in 2026

Written on May 6, 2026 at 6:28 pm, by

RBA raises cash rate to 4.35%, calling policy restrictive; may pause to assess Iran war impacts.

Tech-led rally lifts S&P 500 and Nasdaq to record highs as chipmakers power gains

Written on May 6, 2026 at 5:58 pm, by

Tech-led rally lifts S&P 500 and Nasdaq to records; semiconductors surge; AMD jumps 16% after-hours.

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