Monthly Archives: May 2026
WTI rebounds above $98 after opening near $96.45; Hormuz concerns counterbalance OPEC+ increased output during Asia session
Written on May 4, 2026 at 11:54 am, by davin
WTI rebounds near $96.45; Hormuz tensions, stalled US-Iran talks offset OPEC+ output hike and stronger dollar.
EUR/USD trades near 1.1720 in Asia amid reports the US will increase tariffs on EU vehicles
Written on May 4, 2026 at 11:53 am, by davin
EUR/USD stayed near 1.1720 as Trump raised EU auto tariffs and Middle East tensions boosted dollar demand.
Australia’s annual building permits rose 9% in March, easing from the prior 14% growth rate
Written on May 4, 2026 at 11:23 am, by davin
Australia’s building permits climbed 9% year-on-year in March, easing from a 14% increase previously.
Week Ahead: Oil Puts Fed Cuts On Ice
Written on May 4, 2026 at 11:21 am, by casandra
Oil above $100 keeps inflation risk alive, complicates the Fed’s rate-cut path, and leaves traders watching USDX, XAUUSD, USOil, SP500 and BTCUSD for sharper cross-asset moves this week. | VT Markets
Australia’s March building permits fell 10.5% month-on-month, undershooting the expected 9.9% decline
Written on May 4, 2026 at 10:53 am, by davin
Australia’s March building permits dropped 10.5% month-on-month, underperforming expectations for a 9.9% decline.
Australia’s TD-MI annual inflation measure remained steady at 4.3% in April, showing no change overall
Written on May 4, 2026 at 10:53 am, by davin
Australia’s TD-MI Inflation Gauge held steady in April, unchanged at 4.3% year-on-year from previous reading.
Amid Iran tensions and suspected yen intervention, USD/JPY holds near 157.00, drawing dip-buyers after falling to 156.60
Written on May 4, 2026 at 10:24 am, by davin
USD/JPY rebounded near 157.00 as Middle East tensions supported dollar; possible Japan intervention capped gains, limiting momentum.
Australia’s TD-MI monthly inflation gauge eased to 0.6%, down from 1.3% previously in April
Written on May 4, 2026 at 10:23 am, by davin
Australia’s TD-MI Inflation Gauge rose 0.6% in April, down from 1.3% in March month-on-month.
Gold trades near $4,605, edging lower as Middle East tensions rise; traders await John Williams’ comments
Written on May 4, 2026 at 9:54 am, by davin
Gold slips near $4,605 as Hormuz tensions and Fed speech loom, while central-bank buying supports prices.
South Korea’s S&P Global Manufacturing PMI climbed to 53.6 in April, up from 52.6 previously
Written on May 4, 2026 at 9:53 am, by davin
South Korea’s manufacturing PMI climbed to 53.6 in April, signaling stronger factory activity and improving conditions.
