Live Updates

16

May 2026
US-China thaw lifts China growth outlook, supports yuan and steeper bond curve trades

US-China talks stayed cordial but separate; markets await trade deal clarity on tariffs, chips, rare earths.

16

May 2026
Gold slides as oil fears lift US yields and dollar, keeping Fed easing expectations on hold

Gold slid 2.3% as yields and dollar rose; Iran tensions lifted oil, dimming Fed easing hopes.

16

May 2026
Dollar Index hits five-week high as yields, firm inflation and geopolitics bolster Fed hike bets

Dollar Index hits five-week high near 99.20, buoyed by yields, inflation data, and geopolitical tensions.

16

May 2026
ING sees Bank Indonesia poised for rate rise as rupiah weakness fuels currency stability focus

ING expects Bank Indonesia to raise rates 25 bps, prioritising rupiah stability amid widening US-Indonesia rate gap.

16

May 2026
EUR/GBP nears one-month high as UK political jitters and gilt yields unsettle Sterling

EUR/GBP neared one-month highs as UK political and borrowing worries hit Sterling; markets await inflation, jobs data.

16

May 2026
US oil rig count rises to 415 as higher crude prices spur supply response, curve flattens

Baker Hughes reported US oil rig count rose to 415, up from 410 in the previous count.

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