Monthly Archives: May 2026
Sterling Edges Higher on Strong UK GDP as Political Risk Caps Gains Against Euro
Written on May 15, 2026 at 2:20 am, by davin
EUR/GBP stayed choppy near 0.8659; strong UK GDP buoyed Sterling despite political risks and energy-driven inflation.
ICE shares consolidate in triangle, with Elliott Wave correction eyeing 133 support before renewed uptrend
Written on May 15, 2026 at 2:19 am, by davin
ICE remains bullish long-term; wave ((4)) A-B-C with triangle in (B) implies further (C) drop toward 133.36.
NOK/SEK extends rally as Norges Bank stays hawkish while Riksbank cuts, Rabobank targets 1.06
Written on May 15, 2026 at 1:49 am, by davin
NOK/SEK up 11% YTD as hawkish Norges Bank and energy exports boost krone; Rabobank targets 1.02.
Russia March trade surplus beats forecasts, bolstering rouble outlook amid firmer oil export revenues
Written on May 15, 2026 at 1:49 am, by davin
Russia’s March foreign trade balance hit $13.966bn, beating the $11.8bn forecast by $2.166bn overall.
Sterling’s post-Iran conflict gains fade as UK political risk dents BoE rate-hike hopes
Written on May 15, 2026 at 1:20 am, by davin
Sterling outperformed EUR and CHF post–Operation Epic Fury, but May dips reflect UK politics and BoE expectations.
US jobless claims rise to 211,000 as labour market cools, keeping Fed cut bets alive
Written on May 15, 2026 at 1:19 am, by davin
US jobless claims rose to 211K; continuing claims hit 1.782M as DXY edged higher amid uncertainty.
US retail sales rise 0.5% in April, bolstering higher-for-longer Fed outlook and supporting dollar
Written on May 15, 2026 at 12:50 am, by davin
US retail sales rose 0.5% in April to $757.1B; annual growth 4.9%, dollar index edged higher.
US import inflation jumps to 4.2%, denting September rate-cut bets and bolstering dollar outlook
Written on May 15, 2026 at 12:49 am, by davin
US Import Price Index climbed to 4.2% year-on-year in April, accelerating from 2.1% previously.
US retail sales growth accelerates in April, curbing expectations for near-term Federal Reserve rate cuts
Written on May 15, 2026 at 12:19 am, by davin
US retail sales grew 4.9% year-on-year in April, accelerating from March’s 4%, with no sector breakdown provided.
US retail sales control group growth cools, bolstering bets on Fed hold and year-end cut
Written on May 15, 2026 at 12:19 am, by davin
US retail sales control group rose 0.5% in April, easing from March’s 0.7% gain.
