Live Updates

20

May 2026
China aluminium output hits record as inventories swell, boosting downside risks for prices

China’s aluminium output hits records, yet weak demand swells inventories; supply growth outpaces consumption despite higher exports.

20

May 2026
BoE rate outlook hinges on oil prices as DBS flags autumn hike risk and hedging trades

DBS says BoE outlook hinges on oil; baseline $108/bbl sees CPI 3.7% by end-2026, prompting 1–2 hikes.

20

May 2026
NZD/USD Slides as US-Iran Uncertainty and Fed Hawkishness Support the US Dollar

NZD/USD slips to 0.5835 as Iran uncertainty and higher oil boost USD; NZ PPI beats forecasts.

20

May 2026
Canadian Dollar softens as USD/CAD tests 1.38 amid policy divergence and oil dip

Canadian Dollar weakens as USD/CAD rises; Scotiabank sees pair overvalued, key resistance near 1.38, support 1.3720.

20

May 2026
US Pending Home Sales Return to Growth as Lower Mortgage Rates Lift Housing Demand

US pending home sales increased 3.2% year-on-year in April, reversing March’s decline as signed contracts rose.

20

May 2026
US Pending Home Sales Beat Forecast, Clouding Fed Cut Outlook and Lending Support to Dollar

Pending U.S. home sales rose 1.4% in April, beating the 1.0% forecast and signaling improved demand.

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