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18

May 2026
UK gilt yields top nominal GDP as Hormuz blockade lifts oil, stoking bond rout and pound risk

Global bond selloff lifts yields above GDP growth; Hormuz risks, shrinking oil buffers pressure UK, pound.

18

May 2026
Standard Chartered Warns Hormuz-Driven Oil Shock Could Hit AI Demand and Semiconductor Supplies

Standard Chartered warns Hormuz closure and energy shock may disrupt semiconductors and curb AI spending, demand.

18

May 2026
US homebuilder sentiment edges up in May, adding complication to Fed rate-cut expectations

May’s NAHB Housing Market Index rose to 37, beating the 35 forecast, indicating improved homebuilder sentiment.

18

May 2026
Europe’s Defence Spending Surge Lifts Growth but Risks Stoking Inflation and Higher Rates

Europe’s defence spending surge boosts short-term growth but risks inflation, deficits, and long-term industrial shifts.

18

May 2026
TD Securities sticks to 4.60% RBA peak call as markets reprice odds of a final hike

TD Securities sees RBA cash rate peaking at 4.60%, with next hike likely in August.

18

May 2026
China’s April slowdown drags on commodities and yuan as policymakers hold back stimulus

China’s April recovery slowed: industrial output and investment weakened, retail sales stalled, youth joblessness rose, policymakers waited.

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