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21

May 2026
Bank Indonesia’s 50bp surprise rate rise backs rupiah as USD/IDR momentum fades

Bank Indonesia unexpectedly hiked rates to 5.25% to defend rupiah, curb imported inflation; USD/IDR momentum cools.

21

May 2026
Silver hovers near two-week lows as US-Iran headlines, firmer dollar and yields cap gains

Silver hovers near two-week lows on US-Iran headline swings; stronger dollar and yields cap gains.

21

May 2026
EIA storage build undershoots demand growth, keeping US natural gas prices under pressure

EIA reported a 101B natural gas storage build, exceeding the 96B forecast by 5B.

21

May 2026
Hungarian Forint Faces Depreciation as Government Prioritises Lower Yields Ahead of MNB Decision

Post-election Hungarian positions look stretched; markets await MNB decision as government targets cheaper debt, not forint strength.

21

May 2026
Euro and sterling slip as US yields and energy prices widen transatlantic rate gap

Euro and sterling down 0.9% versus dollar as energy prices, yield gaps, and Fed expectations shift.

21

May 2026
USD/JPY hovers near 159 as PMI weakens and intervention threat caps gains at 160

USD/JPY nears 159 as intervention risk looms; softer PMI contrasts with rising BoJ hike expectations.

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