Monthly Archives: May 2026
South Africa Manufacturing Output Returns to Growth as Rand Firms and Rate-Cut Bets Fade
Written on May 12, 2026 at 9:18 pm, by
South Africa’s manufacturing production index rose 0.9% year-on-year in March, reversing February’s 2.8% contraction.
Rupee hits record low as Hormuz risk lifts oil and spurs dollar demand
Written on May 12, 2026 at 8:49 pm, by
Rupee hits record low as US-Iran tensions, high oil prices, and FII outflows pressure India.
Treasury yields rise as Middle East tensions and supply loom, markets await April US CPI
Written on May 12, 2026 at 8:48 pm, by
Treasury yields rose as Middle East tensions and supply loomed; markets await April CPI impact on dollar.
Spain’s 9-month Letras yield rises to 2.514% as inflation revives ECB tightening expectations
Written on May 12, 2026 at 8:18 pm, by
Spain’s latest 9-month Letras auction saw average yields rise to 2.514%, up from 2.461%.
Spain 3-month Letras yield edges higher, reinforcing hawkish ECB outlook and firmer euro rates
Written on May 12, 2026 at 8:18 pm, by
Spain’s Treasury sold 3-month Letras at auction, with average yield rising to 2.154% from 2.111%.
Spain’s three-month bill yield edges higher as ECB caution lifts short-term borrowing costs
Written on May 12, 2026 at 7:48 pm, by
Spain’s 3-month Letras yield rose to 2.154% from 2.111%, slightly increasing short-term borrowing costs.
EUR/USD Holds Firm as Gulf Tensions Cloud Outlook; ZEW Surveys Watched for German Sentiment Shift
Written on May 12, 2026 at 7:18 pm, by
EUR/USD holds firm on risk appetite; Gulf tensions, weak ZEW outlook keep bias bearish, targeting 1.170.
Bundesbank’s Nagel flags two near-term ECB rate rises as euro slips against stronger dollar
Written on May 12, 2026 at 7:18 pm, by
Bundesbank’s Nagel signals two ECB rate hikes; euro steady, June decisions data-driven amid inflation expectations watching.
Wall Street records mask narrow chip-led rally as South Korea AI tax fears hit tech sentiment
Written on May 12, 2026 at 5:49 pm, by
US stocks hit record highs, led by semiconductors and energy, while Asia wobbled on Korea tax talk.
Rupee slides to record low as Hormuz fears lift oil, dollar and spur foreign outflows
Written on May 12, 2026 at 5:48 pm, by
Indian rupee hits record low near 95.67 as Hormuz tensions lift dollar, oil risk, FII outflows.
