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Monthly Archives: May 2026

France’s April HCOB Composite PMI Holds at 47.6, Reinforcing Contraction and ECB Cut Bets

Written on May 6, 2026 at 11:25 am, by

France’s HCOB Composite PMI matched forecasts at 47.6 in April, signalling continued contraction in private-sector activity.

France Services PMI Holds at 46.5, Reinforcing Contraction and Bolstering ECB Cut Expectations

Written on May 6, 2026 at 10:58 am, by

France’s HCOB Services PMI held at 46.5 in April, meeting forecasts and signalling continued sector contraction.

RBA Hits 4.35% Peak as Oil Shock Fades, Markets Price Multiple Rate Cuts in 2026

Written on May 6, 2026 at 10:55 am, by

RBA raises cash rate to 4.35%, calling policy restrictive; may pause to assess Iran war impacts.

Tech-led rally lifts S&P 500 and Nasdaq to record highs as chipmakers power gains

Written on May 6, 2026 at 10:28 am, by

Tech-led rally lifts S&P 500 and Nasdaq to records; semiconductors surge; AMD jumps 16% after-hours.

Spain Services PMI Slumps to 47.9 in April, Raising Pressure on IBEX, Euro and Bonds

Written on May 6, 2026 at 10:25 am, by

Spain’s HCOB services PMI fell to 47.9 in April, missing forecasts and signaling contraction in activity.

EUR/PLN Holds Range as NBP Set to Stand Pat, with CPI Surprise Shaping Rate Expectations

Written on May 6, 2026 at 9:58 am, by

EUR/PLN rebounds near 4.2100; range 4.2100–4.2600 as NBP holds 3.75% amid inflation concerns.

NZD/USD hits eight-week high as Iran tensions ease and rate outlook backs Kiwi

Written on May 6, 2026 at 9:55 am, by

NZD/USD hits eight-week high as US-Iran war-ending hopes lift Kiwi; key resistance near 0.5965.

S&P 500 Climbs on AI and Iran Peace Hopes

Written on May 6, 2026 at 9:52 am, by

SP500 rises as Iran peace hopes, AMD guidance and AI demand lift risk appetite.

Gold climbs past $4,680 as softer dollar and Iran talks lift bullion sentiment

Written on May 6, 2026 at 9:28 am, by

Gold hits over one-week high above $4,680 as dollar weakens; oil falls; traders await key US jobs data.

US tech and semiconductors drive global equity gains as Europe lags, widening transatlantic gap

Written on May 6, 2026 at 9:25 am, by

Global equities rose, led by US tech and semiconductors; Asia advanced, Europe lagged, cyclicals gained too.

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