Monthly Archives: May 2026
Bhargava says Philippine inflation hit a three-year high, fuelled by food and fuel, risking BSP hikes, 2Q averaging above 8%
Written on May 6, 2026 at 8:58 am, by davin
Philippine inflation surged to 7.2% in April; food and fuel pressures may force faster BSP tightening.
Silver rebounds to $73.22, staying under $75, as bearish momentum persists and risk appetite improves
Written on May 6, 2026 at 8:57 am, by davin
Silver rises 0.69% to $73.22 but stays under $75; bearish RSI, key supports near $70.
Gold climbs 1% after US-Iran ceasefire boosts risk appetite, rebounding from $4,500 lows to $4,560
Written on May 6, 2026 at 8:28 am, by davin
Gold gains near $4,560 as yields slip; US–Iran tensions persist, Fed pause outlook supports bullion.
Radhika Rao of DBS reviews BJP’s West Bengal gains, Assam re-election, plus political changes in Tamil Nadu, Kerala
Written on May 6, 2026 at 8:27 am, by davin
State elections shift political landscape; rising welfare spending widens deficits, pressuring markets and spotlighting infrastructure-linked sectors.
With oil easing, USD/CAD hovers near 1.3620, staying below 1.3700 as bears dominate trading
Written on May 6, 2026 at 7:58 am, by davin
USD/CAD held rangebound as oil dipped and dollar firmed; traders await jobs data, technicals remain bearish.
OCBC strategists say Asian currencies weakened as rising oil prices sparked by Middle East tensions rattled markets
Written on May 6, 2026 at 7:57 am, by davin
Asian currencies fell as Middle East tensions lifted oil prices, boosting inflation risks and strengthening US dollar.
EUR/USD strengthens as softer US data and lower gas costs reduce Treasury yields, pressuring the dollar
Written on May 6, 2026 at 7:28 am, by davin
Euro rises near 1.1700 as oil dips drag US yields; Middle East risks, ECB/Fed rate outlooks watched.
US equities rise above 49,000 as easing oil and upbeat Q1 results suggest profits lead market gains
Written on May 6, 2026 at 7:28 am, by davin
US stocks climbed as oil slid; earnings beat forecasts, Intel surged, jobs data mixed ahead of payrolls.
New Zealand’s GDT Price Index rose 1.5%, reversing the prior decline of 2.7%
Written on May 6, 2026 at 6:58 am, by davin
New Zealand’s GDT Price Index rose 1.5% in latest auction, reversing a 2.7% decline previously.
AUD/USD climbs towards 0.7190 as post-RBA rate hike momentum grows, while US Dollar weakens
Written on May 6, 2026 at 6:57 am, by davin
AUD/USD nears 0.7190 as RBA hikes to 4.35%; markets weigh data-dependent outlook and softer US indicators.
