Live Updates

16

May 2026
Canada inflation seen at 3.1% as energy lifts headline, while core stays near 2.1%

Canada’s April inflation seen at 3.1% y/y, 0.6% m/m, driven by energy, base effects.

16

May 2026
Gold slides as stronger dollar and higher Treasury yields revive higher-for-longer rate fears

Gold slid 2.25% to $4,545 as stronger dollar, higher yields boost Fed hike bets; key supports cited.

16

May 2026
USD/CAD breaks into mid-1.37s as Fed-BoC divergence lifts dollar despite fair-value gap

USD/CAD climbs into mid-1.37s, above fair value, breaking resistance; sentiment-driven, eyes 1.3810/20, support 1.3710/20.

16

May 2026
US industrial output jumps 0.7% in April, boosting dollar and testing rate-cut expectations

US industrial production rose 0.7% in April, beating forecasts; manufacturing gained, capacity utilisation edged higher, dollar firm.

16

May 2026
Rabobank Warns Hormuz Disruption Would Lift Oil Prices, With Europe Shortages Only on Prolonged Closure

Rabobank model suggests short Hormuz disruption boosts prices; yearlong closure depletes Europe buffers, forcing demand cuts.

16

May 2026
US capacity utilisation beats forecasts, complicating Fed rate-cut outlook and lifting Treasury yield pressure

U.S. capacity utilization rose to 76.1% in April, topping forecasts of 75.8% and signaling stronger factory activity.

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