Monthly Archives: May 2026
US Consumer Credit Surges in March, Undermining Summer Fed Cut Bets and Pressuring Tech Shares
Written on May 8, 2026 at 10:28 am, by davin
US consumer credit jumped $24.86bn in March, nearly doubling forecasts of a $12.5bn increase.
Banxico Holds Rates at 6.5%, Keeping Peso Carry Trade in Focus Amid Inflation Watch
Written on May 8, 2026 at 9:59 am, by davin
Banxico held Mexico’s key interest rate at 6.5%, matching expectations and keeping policy unchanged from its previous announcement.
Silver steadies near $79.62 as Hormuz tensions lift oil, capping gains below $81.43
Written on May 8, 2026 at 9:58 am, by davin
Silver eased to $79.62 from $82 highs; Hormuz tensions lifted prices; technicals show resistance $81.43.
Silver pares gains as Hormuz tensions fuel volatility and hawkish rate outlook, while US–Iran talks lift floor
Written on May 8, 2026 at 9:28 am, by davin
Silver eases from $82 on Hormuz tensions; oil-led inflation fears cap gains, while talks and bullish signals persist.
Standard Chartered sees BSP staying hawkish, flags off-cycle 50bp hike as inflation tops 7%
Written on May 8, 2026 at 8:59 am, by davin
Standard Chartered expects BSP to stay hawkish as growth softens, with inflation driving policy and possible off-cycle hike.
Asian stocks surge on Iran ceasefire hopes before oil, dollar and US equities reverse course
Written on May 8, 2026 at 8:58 am, by davin
Asian markets surged on ceasefire hopes; oil dipped below $90, then rebounded as Iran-US tensions resurfaced.
EUR/USD slips as Hormuz jitters lift dollar; investors weigh Fed pivot against ECB caution
Written on May 8, 2026 at 8:28 am, by davin
EUR/USD fell to 1.1748 as Hormuz concerns boosted dollar, oil; Fed, ECB warned prolonged inflation risk.
Bank Indonesia Tightens Dollar Purchase Caps and Boosts Rupiah Support via Bonds and NDF Access
Written on May 8, 2026 at 8:28 am, by davin
Bank Indonesia tightens dollar purchase limits, buys bonds, and enables offshore NDF access to support rupiah.
Oil rebounds after ceasefire talk wobble as OPEC+ cuts and tight inventories underpin prices
Written on May 8, 2026 at 7:58 am, by davin
Oil seesawed as Iran ceasefire response reports surfaced; WTI below $90 then $93, Brent $95-$100.
Sterling Rises as US-Iran Deal Talk Pressures Dollar; Traders Weigh Fed-BoE Policy Divide
Written on May 8, 2026 at 7:58 am, by davin
GBP/USD climbed as US-Iran peace deal hopes pressured dollar; technicals favored upside toward 1.3700.
