Live Updates

12

May 2026
US ADP four-week average slips to 33K, reinforcing expectations of deeper Fed rate cuts

US ADP employment change 4-week average fell to 33K on April 18, down from 39.25K.

12

May 2026
Sterling slips as Starmer resignation chatter fuels political risk premium and fiscal credibility fears in UK assets

Sterling weakened as resignation calls grew for Starmer; political uncertainty, fiscal-rule doubts, and leadership speculation pressured GBP.

12

May 2026
Brazil inflation undershoots forecasts, fuelling bets on BCB rate cut and weaker real

Brazil’s April IPCA inflation eased to 0.67%, undershooting forecasts of 0.7% by 0.03 percentage points.

12

May 2026
Mexico Industrial Output Fall Eases in March, Supporting Peso and Banxico’s Cautious Rate Path

Mexico’s industrial output dropped 1.3% year on year in March, a smaller decline than the forecast 1.5%.

12

May 2026
India mulls emergency steps to defend forex reserves as oil nears $95 and rupee weakens

India considers emergency measures to protect forex reserves as oil prices surge, widening deficit and pressuring rupee.

12

May 2026
USD/CHF lifts on Middle East tensions as markets await US CPI and weigh Fed, SNB shifts

USD/CHF rose to 0.7815 as Middle East tensions boosted dollar demand; markets await US CPI; Swiss inflation stays subdued.

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