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5

May 2026
Commerzbank says the RBA raised rates to 4.35%, prioritising inflation risks, but the Australian dollar stayed weak

RBA lifts rates to 4.35%, prioritizing inflation risks; forecasts higher inflation, lower growth, threatening AUD weakness.

5

May 2026
Deutsche Bank analysts say the S&P 500 retreated from record highs as oil and Treasury yields rose

S&P 500 slipped 0.41% from highs as oil and yields rose; energy gained, most sectors fell.

5

May 2026
At a press conference, RBA Governor Michele Bullock explains lifting rates 25 bps to 4.35% after May meeting

RBA lifted cash rate 25bp to 4.35%, citing inflation risks, oil shock, and monitoring evolving data.

5

May 2026
MUFG’s Michael Wan says China invoked its 2021 Blocking Statute, countering US sanctions on five refineries

China invokes 2021 Blocking Statute, barring compliance with US refinery sanctions, raising legal risks for third parties.

4

May 2026
Societe Generale warns Starmer faces mounting local election risk; poor results may prompt delayed leadership challenge in September

Societe Generale warns rising political risk as Starmer faces elections, leadership challenge rumors, reshuffle speculation, no successor.

4

May 2026
TD Securities expect US labour metrics to normalise, forecasting 80k payrolls, 4.3% joblessness and modest wages

TD Securities sees 80k payroll gains, 4.3% unemployment, modest wage growth, softer services, Fed patience.

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