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4

May 2026
BNP Paribas economists see UK inflation sustaining BoE tightening, while growth halves by 2026 as quarterly gains fade

BNP Paribas forecasts UK growth slowing in 2026, inflation rising, tighter policy, elevated gilts, steady yen/sterling.

4

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.

4

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.

4

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.

4

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.

4

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.

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