Monthly Archives: May 2026
China’s central bank set the USD/CNY daily fixing at 6.8628, up from 6.8608 previously
Written on May 1, 2026 at 1:53 pm, by davin
PBOC set USD/CNY fixing at 6.8628; manages exchange-rate stability via policy tools amid state oversight and reforms.
In April, Tokyo’s year-on-year Consumer Price Index in Japan edged up from 1.4% to 1.5%
Written on May 1, 2026 at 1:24 pm, by davin
Tokyo’s consumer inflation rose to 1.5% year-on-year in April, up slightly from 1.4% previously reported.
In April, Japan’s Tokyo CPI excluding fresh food rose 1.5% year-on-year, missing the 1.8% forecast
Written on May 1, 2026 at 1:23 pm, by davin
Tokyo CPI excluding fresh food rose 1.5% year-on-year in April, undershooting market expectations of 1.8%.
In April, Tokyo’s year-on-year CPI excluding food and energy in Japan fell from 1.7% to 1.5%
Written on May 1, 2026 at 12:54 pm, by davin
Tokyo’s core CPI excluding food and energy rose 1.5% in April, easing from 1.7% previously.
During the Asian session, gold trades near $4,630 as Middle East tensions drive safe-haven demand
Written on May 1, 2026 at 12:53 pm, by davin
Gold jumps to $4,630 as Middle East tensions fuel safe-haven demand; Hormuz blockade stokes inflation and uncertainty.
Following the Bank of England’s hawkish pause, GBP/USD rose nearly 1% to 1.3600 before key data releases
Written on May 1, 2026 at 12:23 pm, by davin
GBP/USD surged to 1.3600 as BoE held rates; softer US GDP offset steady PCE inflation.
In April, New Zealand’s ANZ–Roy Morgan consumer confidence fell to 80.3 from 91.3 previously
Written on May 1, 2026 at 12:23 pm, by davin
New Zealand’s ANZ–Roy Morgan Consumer Confidence sank in April, dropping 11 points to 80.3 from 91.3.
Markets were shaken as USD/JPY reversed sharply, tumbling 2.25% and shedding roughly 500 pips within hours
Written on May 1, 2026 at 11:54 am, by davin
USD/JPY tumbled 2.25% after a sharp 500-pip reversal, fueling suspected Japanese yen-buying intervention and volatility.
UOB’s Ho Woei Chen sees robust Taiwanese growth, export-led, domestic demand rising, with 2026 above 9%
Written on May 1, 2026 at 11:53 am, by davin
Taiwan’s 1Q26 GDP surged 13.69%; 2026 growth seen above 9%, inflation 2%, rates steady.
AUD/USD climbs above 0.7200 as Japanese intervention weakens the dollar despite strong US data
Written on May 1, 2026 at 11:24 am, by davin
AUD/USD tops 0.7200 as dollar slides on Japan intervention; US growth slows, Australia CPI fuels RBA hike bets.
