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6

May 2026
Italy Retail Sales Growth Accelerates to 3.7% in March, Supporting Equities and the Euro

Italy’s non-seasonally adjusted retail sales rose 3.7% year-on-year in March, accelerating from 1.6% previously.

6

May 2026
Tech-led rally lifts S&P 500 and Nasdaq to record highs as chipmakers power gains

Tech-led rally lifts S&P 500 and Nasdaq to records; semiconductors surge; AMD jumps 16% after-hours.

6

May 2026
First-quarter New Zealand Labour Cost Index rose 2% year-on-year, aligning with market expectations and forecasts

New Zealand’s Labour Cost Index rose 2% year-on-year in Q1, matching market forecasts, signalling steady wage pressures.

6

May 2026
OCBC strategists expect USD/SGD to rebound after a relief dip, amid two-way trading and escalation upside risk

OCBC expects USD/SGD rebound; geopolitics and oil risks may drive volatility, with resistance 1.2850, support 1.2720.

6

May 2026
US weekly API crude oil inventories fell 8.1 million barrels, exceeding forecasts for a 2.8 million drawdown

US weekly API crude inventories fell 8.1 million barrels to May 1, beating forecasts for 2.8 million drop.

5

May 2026
AUD slipped as the RBA raised rates to 4.35% but suggested a data-led pause, limiting gains

RBA hiked cash rate to 4.35%, signaled data-dependent pause; inflation risks elevated, growth downgraded, AUD slipped.

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