Live Updates

14

May 2026
US Core PPI Surges to 5.2% in April, Driving Markets to Price Higher Fed Rates

U.S. core Producer Price Index climbed 5.2% year-on-year in April, beating expectations of 4.3% forecast.

14

May 2026
US PPI jumps 1.4% in April, reigniting higher-for-longer rate fears and market volatility

US producer prices jumped 1.4% in April, far above the 0.5% forecast, overshooting estimates by 0.9 points.

14

May 2026
Euro steadies above 1.1700 as US inflation bolsters dollar; traders await Trump–Xi talks

EUR/USD rose above 1.1700 as strong US CPI boosted dollar; traders awaited PPI and Trump–Xi talks.

14

May 2026
Rising US inflation and Hormuz disruption cast doubt on Warsh’s early Fed cuts, lifting dollar

Rising inflation and energy prices complicate early Fed rate cuts, supporting dollar as Hormuz risks persist.

13

May 2026
Commerzbank warns hotter US inflation and Hormuz-linked energy costs may delay Kevin Warsh rate cuts

Commerzbank warns stubborn inflation, higher energy prices may delay Warsh’s Fed rate cuts, supporting a stronger dollar.

13

May 2026
Sterling slides towards 1.3500 as US inflation lifts Fed hike bets, UK GDP awaited

GBP/USD slid near 1.3500 as firm dollar, hotter US CPI and Fed hike odds weighed; UK GDP awaited.

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