Live Updates

21

May 2026
US housing starts beat forecasts, bolstering higher-for-longer rate bets and supporting equities and homebuilders

U.S. housing starts climbed to 1.465 million in April, beating the 1.41 million forecast, month-over-month.

21

May 2026
US jobless claims average slips to 202,500, clouding Fed rate-cut expectations amid low volatility

US four-week average initial jobless claims fell to 202.5K in week ending May 15, down 1.25K.

21

May 2026
Sterling and gilts rally as fiscal fears fade and softer inflation delays Bank Rate rise

Pound and gilts rebounded as inflation worries eased; Burnham backs fiscal rules; BoE hike expectations delayed. Risks remain.

21

May 2026
Australian dollar slides on risk-off Iran shift and weak jobs data, fuelling AUD/USD downside hedges

Australian Dollar slips to 0.7130 as risk-off sentiment and weak April jobs data pressure markets.

21

May 2026
Gold steadies as Iran talks weigh on dollar, while Fed outlook keeps bullion range-bound

Gold trades flat within weekly range; dollar eases on Iran talks. PMI data, technical levels guide XAU/USD.

21

May 2026
Rupee rebounds as RBI steps in and oil slips; dollar strength keeps USD/INR elevated

Rupee strengthens as RBI support and lower oil prices push USD/INR down; yields ease, FIIs sell.

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