Monthly Archives: May 2026
Commerzbank says oil boosts CAD briefly, but weak economy and USMCA talks limit USD/CAD falls till Q4
Written on May 4, 2026 at 10:24 pm, by
Oil boosts Canadian Dollar temporarily; lasting strength needs economic improvement, clearer BoC hikes, and resolved USMCA talks.
EUR/JPY hovers near 184.00, dipping 0.04%, reflecting Eurozone resilience versus intervention-backed Yen demand
Written on May 4, 2026 at 10:23 pm, by
EUR/JPY near 184.00 as upbeat Eurozone data and ECB stance offset safe-haven Yen demand.
HSBC Asset Management says US equities hit highs, keep valuation premium, with 2026 profit growth forecast 15%
Written on May 4, 2026 at 9:54 pm, by
Global valuations look fuller: US stays pricey but justified, Taiwan most expensive; Korea discounted; Brazil rerated.
Societe Generale expects Bank Rate to stay at 3.75% until 2026, after 8–1 MPC vote, unless US-Iran conflict drives hikes
Written on May 4, 2026 at 9:53 pm, by
BoE holds 3.75% rate; economists see stability through 2026, but conflict-driven energy spikes could prompt rises.
UOB strategists expect the ECB to maintain policy, delivering one 25-basis-point rate rise in June
Written on May 4, 2026 at 9:24 pm, by
UOB sees ECB mostly steady, one June hike; inflation peaks 2026, energy risks, conflict modest growth hit.
Risk-averse mood strengthens the US Dollar, pushing AUD/USD below 0.7227, near 0.7200 in Europe
Written on May 4, 2026 at 9:23 pm, by
AUD/USD eased near 0.7200 as safe-haven USD rose; markets await RBA decision amid inflation and Hormuz tensions.
May saw Eurozone investor morale improve slightly, as Sentix Investor Confidence rose to -16.4 from -19.2
Written on May 4, 2026 at 8:54 pm, by
Eurozone Sentix confidence improved in May, but Germany weakened; EUR/USD stayed near 1.1720, unchanged.
OCBC strategists say gold consolidates after rebounding from 4510, as elevated oil prices cloud Fed-inflation outlook
Written on May 4, 2026 at 8:53 pm, by
Gold consolidates after rebounding from 4510; oil-driven inflation and Fed expectations steer momentum between key support/resistance.
Morgan Stanley and Goldman Sachs foresee $1.1 trillion AI spending by 2027, intensifying competition across markets
Written on May 4, 2026 at 8:24 pm, by
AI infrastructure spending could hit $1.1T by 2027 as hyperscalers’ capex surges, boosting chips, debt markets.
During Asian hours, USD/INR trades near 95.00 for a second day as the Dollar strengthens
Written on May 4, 2026 at 8:23 pm, by
USD/INR near 95.00 as dollar rebounds; Iran-Hormuz tensions, $100 oil, outflows support upside; key levels monitored.
