Monthly Archives: May 2026
XRP Holds Near $1.40 As Sentiment Shifts
Written on May 5, 2026 at 7:24 am, by
XRP steadies near $1.40 as Bitcoin Conference buzz, Ripple visibility and regulation lift sentiment. | VT Markets
MUFG’s Michael Wan says China invoked its 2021 Blocking Statute, countering US sanctions on five refineries
Written on May 5, 2026 at 3:57 am, by josephine
China invokes 2021 Blocking Statute, barring compliance with US refinery sanctions, raising legal risks for third parties.
Gold Holds Its Ground Near $4,540
Written on May 5, 2026 at 3:19 am, by
Gold steadies near $4,540 as Fed easing hopes face oil-led inflation risk and a firmer dollar. | VT Markets
Societe Generale warns Starmer faces mounting local election risk; poor results may prompt delayed leadership challenge in September
Written on May 4, 2026 at 8:56 pm, by josephine
Societe Generale warns rising political risk as Starmer faces elections, leadership challenge rumors, reshuffle speculation, no successor.
TD Securities expect US labour metrics to normalise, forecasting 80k payrolls, 4.3% joblessness and modest wages
Written on May 4, 2026 at 7:34 pm, by josephine
TD Securities sees 80k payroll gains, 4.3% unemployment, modest wage growth, softer services, Fed patience.
BNY’s Bob Savage notes RBNZ’s Prasanna Gai rejects automatic rate rises after Strait of Hormuz shocks
Written on May 4, 2026 at 7:26 pm, by josephine
RBNZ’s Gai says Hormuz supply shock doesn’t warrant automatic hikes; favors look-through approach; neutral rate up.
May saw Eurozone investor morale improve slightly, as Sentix Investor Confidence rose to -16.4 from -19.2
Written on May 4, 2026 at 1:25 pm, by josephine
Eurozone Sentix confidence improved in May, but Germany weakened; EUR/USD stayed near 1.1720, unchanged.
Morgan Stanley and Goldman Sachs foresee $1.1 trillion AI spending by 2027, intensifying competition across markets
Written on May 4, 2026 at 12:59 pm, by josephine
AI infrastructure spending could hit $1.1T by 2027 as hyperscalers’ capex surges, boosting chips, debt markets.
During Asian hours, USD/INR trades near 95.00 for a second day as the Dollar strengthens
Written on May 4, 2026 at 12:56 pm, by josephine
USD/INR near 95.00 as dollar rebounds; Iran-Hormuz tensions, $100 oil, outflows support upside; key levels monitored.
Eurozone inflation is forecast at 2.7% in 2026, easing to 2.1% in 2027, 2% in 2028
Written on May 4, 2026 at 11:28 am, by josephine
ECB forecasters see Eurozone inflation averaging 2.7% in 2026, easing to 2% by 2028; EUR/USD slips.
