Monthly Archives: May 2026
China Aluminium Output Tops Caps as Gulf Disruptions Drain Stocks and Fuel Price Volatility
Written on May 15, 2026 at 6:25 pm, by josephine
China’s aluminium output exceeded caps amid strong prices; inventories may tighten, risking deficits, bottlenecks, and volatility.
S&P 500 Rally Falters Near 6,200 as Sellers Emerge and Downside Protection Gains Appeal
Written on May 15, 2026 at 5:58 pm, by josephine
S&P 500’s rally looks vulnerable as selling increases, signalling fading momentum and risk of deeper pullback.
Russia’s reserves hit $771bn, buoying rouble and complicating sanctions while lifting oil and hedging demand
Written on May 15, 2026 at 5:55 pm, by josephine
Russia’s central bank reserves climbed to $771bn from $757.5bn, marking a $13.5bn increase overall.
USD/JPY Extends Rally as Higher US Yields and Fed Tightening Bets Keep Yen Under Pressure
Written on May 15, 2026 at 5:28 pm, by josephine
USD/JPY nears 158.55 as strong US data lifts yields, rate-hike odds; Japan inflation, intervention cap gains.
SocGen Sees US Yield Divergence Capping Sterling, Forecasts GBP/USD at 1.32 by End-2026
Written on May 15, 2026 at 5:25 pm, by josephine
US-Iran conflict lifts US yields; other countries’ rates rise too, limiting dollar gains; SocGen sees weaker pound.
KOSPI hits record on tech surge before profit-taking rout as rate-hike fears weigh
Written on May 15, 2026 at 4:57 pm, by josephine
KOSPI hit record on tech rally, then reversed sharply as Samsung slumped; US futures fell on inflation.
India Raises Petrol and Diesel Prices as Crude Surge Adds to Inflation and RBI Rate Risks
Written on May 15, 2026 at 4:55 pm, by josephine
India raised petrol and diesel prices by about INR 3 per litre, risking higher inflation pressures nationwide.
Foreign Inflows to Canadian Securities Miss Forecast, Raising Loonie and TSX Hedging Questions
Written on May 15, 2026 at 4:33 pm, by josephine
Canada’s foreign portfolio investment hit $4.62bn in March, missing the $11.4bn forecast amid weaker buying.
Canadian overseas securities buying slumps to $3.9bn in March, lifting loonie outlook
Written on May 15, 2026 at 4:31 pm, by josephine
Canadian portfolio purchases of foreign securities plunged to $3.9bn in March from $25.36bn previously.
Empire State manufacturing index beats forecasts, complicating Fed rate-cut outlook and lifting dollar bids
Written on May 15, 2026 at 4:29 pm, by josephine
New York’s Empire State Manufacturing Index surged to 19.6 in May, easily beating forecasts of 7.5.