Monthly Archives: May 2026
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 davin
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 davin
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 davin
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 davin
Tech-led rally lifts S&P 500 and Nasdaq to records; semiconductors surge; AMD jumps 16% after-hours.
Spain Services PMI Slumps to 47.9 in April, Raising Pressure on IBEX, Euro and Bonds

Written on May 6, 2026 at 5:58 pm, by davin
Spain’s HCOB services PMI fell to 47.9 in April, missing forecasts and signaling contraction in activity.
S&P 500 Climbs on AI and Iran Peace Hopes

Written on May 6, 2026 at 5:52 pm, by casandra
SP500 rises as Iran peace hopes, AMD guidance and AI demand lift risk appetite.
EUR/PLN Holds Range as NBP Set to Stand Pat, with CPI Surprise Shaping Rate Expectations

Written on May 6, 2026 at 5:29 pm, by davin
EUR/PLN rebounds near 4.2100; range 4.2100–4.2600 as NBP holds 3.75% amid inflation concerns.
NZD/USD hits eight-week high as Iran tensions ease and rate outlook backs Kiwi

Written on May 6, 2026 at 5:28 pm, by davin
NZD/USD hits eight-week high as US-Iran war-ending hopes lift Kiwi; key resistance near 0.5965.
High Oil And Strong Jobs Keep Fed Rate Cut Bets Under Pressure

Written on May 6, 2026 at 5:21 pm, by casandra
Oil prices and US labour data are pulling markets into a tighter Fed pricing debate, with clear implications for the US dollar, gold, equities, and energy-linked assets.
Gold climbs past $4,680 as softer dollar and Iran talks lift bullion sentiment

Written on May 6, 2026 at 4:59 pm, by davin
Gold hits over one-week high above $4,680 as dollar weakens; oil falls; traders await key US jobs data.