Monthly Archives: May 2026
Gold rises above $4,550 after rebounding from a month-low, though hawkish bets and firm USD cap gains
Written on May 5, 2026 at 7:58 pm, by
Gold rebounded above $4,550 as Gulf tensions simmered, but strong dollar and rate-hike expectations limited gains.
TD Securities expects USD/JPY to consolidate near 157.00 in Q2 2026 after Japan’s MoF intervention sparked 3% fall
Written on May 5, 2026 at 7:28 pm, by
USD/JPY slid 3% after Japan intervention; TD expects consolidation near 157.00, with 160.00 limiting gains.
Deutsche Bank analysts say the S&P 500 retreated from record highs as oil and Treasury yields rose
Written on May 5, 2026 at 7:28 pm, by
S&P 500 slipped 0.41% from highs as oil and yields rose; energy gained, most sectors fell.
ING analysts Warren Patterson and Ewa Manthey say tensions in the Persian Gulf lift ICE Brent prices on supply fears
Written on May 5, 2026 at 6:59 pm, by
Brent surged above $114 as US-Iran ceasefire frayed, attacks escalated, and Strait of Hormuz risks grew.
OCBC strategists say Middle East tensions and higher oil prices worsen sentiment, increasing silver’s downside risk
Written on May 5, 2026 at 6:58 pm, by
Silver slipped after two gain sessions as Middle East tensions and higher oil weighed on sentiment.
Spain’s April unemployment fell by 62.668K, far exceeding forecasts of an 18.6K decline
Written on May 5, 2026 at 6:28 pm, by
Spain’s registered unemployment fell 62,668 in April, far exceeding forecasts of an 18.6K decline.
MUFG’s Michael Wan says capital outflows left the rupee exposed; RBI may lure dollar inflows via swaps, tax tweaks
Written on May 5, 2026 at 6:27 pm, by
India’s rupee faces heavy outflows; RBI weighs dollar inflow measures as MUFG sees USD/INR 95–96.
Switzerland’s annual consumer inflation rose to 0.6% in April, up from 0.3% previously
Written on May 5, 2026 at 5:58 pm, by
Switzerland’s CPI rose 0.6% year-on-year in April, accelerating from 0.3% previously, official data show.
Commerzbank says Japan likely intervened near 157, as energy-driven inflation rose while core CPI weakened
Written on May 5, 2026 at 5:57 pm, by
Commerzbank sees Japan intervening to cap USD/JPY near 157; softer core inflation may weaken yen.
At a press conference, RBA Governor Michele Bullock explains lifting rates 25 bps to 4.35% after May meeting
Written on May 5, 2026 at 5:29 pm, by
RBA lifted cash rate 25bp to 4.35%, citing inflation risks, oil shock, and monitoring evolving data.
