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Live Updates

28

May 2026
Dollar-yen nears 160 again as Japan’s intervention fades and yield gap sustains carry trade

Despite $60bn Japan intervention, USD/JPY rebounds near 159.5 as yield gap persists; 160 breakout risks response.

28

May 2026
API crude draw narrows to 2.8m barrels, tempering WTI momentum ahead of OPEC+ meeting

API reports US crude stock draw slowed to 2.8 million barrels, signaling easing tightness, capping prices ahead.

28

May 2026
Fed’s Cook backs steady rates, flags inflation upside risks and AI-led labour market uncertainty

Fed’s Cook urges steady rates; inflation risks persist; hikes possible, cuts if jobs weaken; volatility trades favored.

28

May 2026
Banxico trims 2026 growth view, holds rates steady as USD/MXN rebounds towards 17.50

Banxico slashed 2026 growth outlook, held rates, lifting USD/MXN; investors eye calls, carry, rising volatility.

28

May 2026
Brent slides to $93 as Iran deal rumour sways oil despite White House denial

Crude slid on Iran MOU rumor despite White House denial, as tight inventories and Hormuz risks persist.

28

May 2026
Russell 2000 futures hit record high as Fed easing bets bolster small-cap bull cycle

RTY hits record high; wave (2) correction ends at 2728.3, confirming wave (3) bullish cycle begins.

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