Live Updates

5

May 2026
US factory orders rose 1.5% month-on-month in March, exceeding forecasts of a 0.5% increase

US factory orders climbed 1.5% in March, beating forecasts of a 0.5% month-on-month increase.

5

May 2026
Silver begins the week lower near $73.50, falling 2.41% as dollar strength and yields rise

Silver fell near $73.50 as dollar and yields rose; Hormuz tensions and Fed tightening expectations pressured metals.

5

May 2026
TD Securities expect US labour metrics to normalise, forecasting 80k payrolls, 4.3% joblessness and modest wages

TD Securities sees 80k payroll gains, 4.3% unemployment, modest wage growth, softer services, Fed patience.

5

May 2026
Commerzbank’s Pfister sees EUR/CHF climbing soon as euro strengthens and SNB hike expectations diminish, via rhetoric

Pfister sees EUR/CHF rising as ECB hikes and SNB stays steady, then franc regains strength later.

5

May 2026
Bessent told Fox News the US controls and is reopening the Strait of Hormuz, Reuters reports

Bessent claims US has absolute control of Strait of Hormuz, urges pressure on Iran, expects gas prices fall.

5

May 2026
BNY’s Bob Savage notes RBNZ’s Prasanna Gai rejects automatic rate rises after Strait of Hormuz shocks

RBNZ’s Gai says Hormuz supply shock doesn’t warrant automatic hikes; favors look-through approach; neutral rate up.

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