Monthly Archives: May 2026
AUD slipped as the RBA raised rates to 4.35% but suggested a data-led pause, limiting gains
Written on May 6, 2026 at 3:58 am, by davin
RBA hiked cash rate to 4.35%, signaled data-dependent pause; inflation risks elevated, growth downgraded, AUD slipped.
Scotiabank strategists observe USD/CAD remains bearish under resistance as softer USD supports a firmer CAD
Written on May 6, 2026 at 3:57 am, by davin
USD/CAD held range; CAD steadied as softer USD, bearish technicals point to 1.35 support.
US RealClearMarkets/TIPP monthly economic optimism beats forecasts, reaching 42.6 against expectations of 42 in May
Written on May 6, 2026 at 3:28 am, by davin
RealClearMarkets/TIPP Economic Optimism Index rose to 42.6 in May, staying below 50 and pessimistic.
In April, the US ISM Services PMI slipped to 53.6, undershooting forecasts amid softer services momentum
Written on May 6, 2026 at 3:27 am, by davin
US services PMI slipped to 53.6 in April; prices steady, jobs improved, new orders weakened; DXY muted.
US March new home sales exceeded expectations, reaching 0.682M against the forecast 0.668M on month-on-month basis
Written on May 6, 2026 at 2:58 am, by davin
US new home sales increased to 0.682 million in March, beating forecasts by 0.014 million month-on-month.
March saw US new home sales reach 0.628M month-on-month, undershooting forecasts of 0.668M
Written on May 6, 2026 at 2:57 am, by davin
US March new home sales hit 0.628M, missing forecasts of 0.668M by 0.040M, signaling weaker demand.
US new home sales climbed month-on-month, rising from 0.587 million to 0.635 million in February without reversal
Written on May 6, 2026 at 2:28 am, by davin
US February new home sales climbed to 0.635 million, rising 0.048 million from January’s 0.587 million.
Elliott Wave analysis suggests Walt Disney is nearing a crucial turning point, potentially preparing to surge higher
Written on May 6, 2026 at 2:28 am, by davin
Elliott Wave charts suggest Disney nears end of Wave (II) correction, starting new uptrend above $78.85.
In March, US new home sales reached 682M month-on-month, beating forecasts of 0.668M
Written on May 6, 2026 at 1:58 am, by davin
US new home sales climbed to 682,000 in March, beating forecasts of 668,000 month-on-month.
In March, US JOLTS job openings reached 6.866 million, surpassing forecasts of 6.83 million
Written on May 6, 2026 at 1:57 am, by davin
US JOLTS job openings rose to 6.866 million in March, slightly above forecasts of 6.83 million.
