Monthly Archives: May 2026
Commerzbank says the RBA raised rates to 4.35%, prioritising inflation risks, but the Australian dollar stayed weak
Written on May 5, 2026 at 8:30 pm, by davin
RBA lifts rates to 4.35%, prioritizing inflation risks; forecasts higher inflation, lower growth, threatening AUD weakness.
Brazil’s Fipe IPC inflation eased to 0.4% in April, down from the prior 0.59% reading
Written on May 5, 2026 at 8:28 pm, by davin
Brazil’s FIPE IPC inflation eased to 0.4% in April, down from 0.59% in the prior period.
DBS’s Radhika Rao says portfolio outflows and oil prices weaken INR, pushing USD/INR towards 95.00 handle
Written on May 5, 2026 at 7:58 pm, by davin
Rupee weakened toward 95 on foreign outflows and risk-off mood; high oil, El Nino fueled inflation concerns.
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 davin
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 davin
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 davin
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 davin
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 davin
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 davin
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 davin
India’s rupee faces heavy outflows; RBI weighs dollar inflow measures as MUFG sees USD/INR 95–96.
