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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
Sterling and gilts rally as fiscal fears fade and softer inflation delays Bank Rate rise

Pound and gilts rebounded as inflation worries eased; Burnham backs fiscal rules; BoE hike expectations delayed. Risks remain.

21

May 2026
UK Composite PMI Slumps to 48.5, Fueling Sterling Sell-Off and BoE Rate-Cut Bets

UK S&P Global Composite PMI fell to 48.5 in May, missing forecasts, signalling contraction in private sector activity.

21

May 2026
Australia jobless rate climbs to 4.5% as employment falls, pressuring Aussie dollar and rate outlook

Australia’s unemployment rose to 4.5% as employment fell 18.6K; participation dipped and AUD/USD slipped.

21

May 2026
Japan’s April export surge fuels Nikkei optimism and bolsters bets on a firmer yen

Japan’s April exports grew 14.8% year on year, surpassing the 9.3% forecast and beating expectations.

21

May 2026
New Zealand Export Surge Boosts NZ Dollar Outlook as Markets Price Higher-for-Longer RBNZ Rates

New Zealand exports rose to $8.62b in April from $7.94b, increasing by $0.68b overall.

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