Live Updates

16

May 2026
S&P 500 Rally Falters Near 6,200 as Sellers Emerge and Downside Protection Gains Appeal

S&P 500’s rally looks vulnerable as selling increases, signalling fading momentum and risk of deeper pullback.

16

May 2026
Russia’s reserves hit $771bn, buoying rouble and complicating sanctions while lifting oil and hedging demand

Russia’s central bank reserves climbed to $771bn from $757.5bn, marking a $13.5bn increase overall.

16

May 2026
USD/JPY Extends Rally as Higher US Yields and Fed Tightening Bets Keep Yen Under Pressure

USD/JPY nears 158.55 as strong US data lifts yields, rate-hike odds; Japan inflation, intervention cap gains.

16

May 2026
SocGen Sees US Yield Divergence Capping Sterling, Forecasts GBP/USD at 1.32 by End-2026

US-Iran conflict lifts US yields; other countries’ rates rise too, limiting dollar gains; SocGen sees weaker pound.

16

May 2026
KOSPI hits record on tech surge before profit-taking rout as rate-hike fears weigh

KOSPI hit record on tech rally, then reversed sharply as Samsung slumped; US futures fell on inflation.

16

May 2026
India Raises Petrol and Diesel Prices as Crude Surge Adds to Inflation and RBI Rate Risks

India raised petrol and diesel prices by about INR 3 per litre, risking higher inflation pressures nationwide.

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