Live Updates

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.

21

May 2026
Gold climbs as Fed minutes tilt hawkish, but softer yields and geopolitics underpin demand

Gold rose 1% as Fed minutes signaled possible hikes, while weaker dollar, yields, and geopolitics supported.

20

May 2026
VIX Rises as Bond Yields Test Equities, Fueling Nasdaq-S&P Divergence and Options Demand

Nasdaq rose premarket and intraday; S&P 500 gains came from shorts. Volatility looms; yields rise, consolidation ahead.

20

May 2026
EIA crude draw beats forecasts as refinery runs rise, supporting near-term WTI upside

EIA reported a 7.864 million-barrel crude stock draw, nearly 5 million more than the expected 2.9 million.

20

May 2026
Euro slips versus Pound as UK inflation cools and ECB tightening bets firm up

Euro slipped versus Pound as UK inflation cooled, Eurozone rose, shifting rate expectations and boosting Sterling.

20

May 2026
NZD/USD Steadies Near 0.5850 as Geopolitical Risk and Fed Outlook Drive Dollar Support

NZD/USD rises to 0.5850, but safe-haven USD demand, Iran tensions, Fed bets, and China rates cap gains.

20

May 2026
Bank Indonesia’s surprise 50bp rate hike and tighter FX measures bolster rupiah amid global turmoil

Bank Indonesia hiked rates 50bp to 5.25%, tightening FX measures to stabilise rupiah amid volatility.

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