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13

May 2026
GBP/JPY slips as UK leadership turmoil hits Sterling, while oil and rate outlook cap Yen gains

GBP/JPY slips near 213.08 as UK political turmoil pressures Pound; yen weak, BoE hikes expected, charts bearish.

13

May 2026
USD/JPY nears 158 as Bessent warns on volatility, with intervention risk and option costs in focus

USD/JPY rebounds near 157.80 as volatility concerns ease; 158.00 key, with support at 157.00.

13

May 2026
EU ETS reforms tighten free carbon allowances, raising costs and pressuring European aluminium producers

EU ETS I reforms cut fallback benchmarks 34%, raising costs for EU aluminium recyclers, threatening margins and competitiveness.

13

May 2026
DBS lifts Taiwan rate-call as GDP and inflation forecasts rise; 12.5bp hike seen in Q3

DBS expects Taiwan to hold rates in June, then hike 12.5bps in Q3 amid inflation pressures.

12

May 2026
US inflation surprise in April 2025 lifts dollar; cooler 2026 CPI shifts focus to Fed cuts

US inflation hit 3.8% in April as core rose; markets priced higher Fed rates, lifting dollar.

12

May 2026
Rupee slides to record low as Hormuz fears lift oil, dollar and spur foreign outflows

Indian rupee hits record low near 95.67 as Hormuz tensions lift dollar, oil risk, FII outflows.

9

May 2026
Speculators’ yen shorts shrink as BoJ normalisation talk and softer US data lift JPY outlook

CFTC data show Japan’s JPY non-commercial net positions improved to -61.7K, still indicating net short yen holdings.

9

May 2026
Guinea’s bauxite export cap tightens supply, underpinning LME aluminium as Hormuz relief seen as fleeting

Guinea plans bauxite export cap, tightening supply; aluminium relief from Hormuz reopening seen brief, prices rising.

9

May 2026
Dollar index dips towards 97.90 as risk appetite improves; focus turns to US inflation data

DXY slipped near 97.90 as risk improved, yields fell, oil eased; markets await key May data.

9

May 2026
Semiconductor Index Rally Near Elliott Wave Target Zone as Exhaustion Signals Point to Correction

Semiconductor Index surged after 6.7% dip; Elliott Wave targets 12,110–12,300 near-term, then retrace toward 10,000.

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