Live Updates

21

May 2026
Gold climbs as Fed minutes tilt hawkish, but softer yields and geopolitics underpin demand

Gold rose 1% as Fed minutes signaled possible hikes, while weaker dollar, yields, and geopolitics supported.

21

May 2026
Argentina’s April 2025 trade surplus shock revives peso jitters as reserves thin and CDS widen

Argentina’s April trade balance hit $2m, far below expectations of $1,760m, indicating a smaller surplus.

21

May 2026
Fed minutes show officials ready to drop easing bias as energy risks keep rate-cut hopes in check

Fed minutes signal dropping easing bias; inflation risks persist, rate unchanged, cuts possible if disinflation resumes.

21

May 2026
US crude stocks hit near-year low as record exports drain inventories amid Middle East turmoil

US crude stockpiles hit near-year lows as record exports surged amid Middle East conflict and Hormuz closure.

21

May 2026
Russia’s April PPI surge fuels rouble support and stokes commodity-led global inflation fears

Russia’s producer price index jumped 6.1% month-on-month in April, accelerating sharply from March’s 2% increase.

21

May 2026
Russia PPI swings into inflation, fuelling rate hike bets and volatility across rouble, bonds and stocks

Russia’s Producer Price Index rose 5.5% in April, reversing March’s 7.8% decline, a 13.3-point swing.

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