Monthly Archives: May 2026
Trump stated he will raise tariffs on EU-imported cars and trucks, announcing the plan via Truth Social
Written on May 2, 2026 at 7:23 am, by davin
Trump said US will impose 25% tariffs on EU cars and trucks next week, citing deal noncompliance.
WTI crude retreats, paring weekly gains, as Iran’s proposal boosts optimism for renewed US-Iran diplomatic talks
Written on May 2, 2026 at 6:54 am, by davin
WTI slid near $99 as new Iran proposal raised talk hopes; Hormuz risks persist; uptrend held.
Silver trades near $76, rising 3.05%, as renewed demand counters tight Fed policy and inflation fears
Written on May 2, 2026 at 6:53 am, by davin
Silver neared $76, up 3%, as safe-haven and inflation demand offset higher-rate headwinds, hawkish Fed.
Iran tensions and earnings shifts keep traders focused, putting S&P 7,300 firmly back into contention
Written on May 2, 2026 at 6:24 am, by davin
Iran-US talks proposal lifts sentiment; SOX/SPX nears resistance, S&P 500 targets 7,300, possibly 7,700 later.
USD/JPY levels off, after Japanese intervention curbs yen weakness, holding near 156.67 following 155.48 low
Written on May 2, 2026 at 6:23 am, by davin
USD/JPY steadied near 156.67 after Japan’s intervention-backed yen rebound; focus shifts to US data and risks.
Geopolitical developments in the US-Iran war weaken the Dollar, boosting EUR/USD towards week-highs near 1.1768
Written on May 2, 2026 at 5:54 am, by davin
EUR/USD climbed near 1.1768 as US-Iran tensions weakened the Dollar; mixed data kept ECB, Fed steady.
Near recent highs, NZD/USD edges up to 0.5915 as mixed US data caps Dollar gains
Written on May 2, 2026 at 5:53 am, by davin
NZD/USD rose to 0.5915 as softer dollar, easing Middle East fears, mixed US data supported pair.
Sterling-dollar rises above 1.3600, near ten-week peak, as suspected Japanese yen support weakens dollar
Written on May 2, 2026 at 5:24 am, by davin
GBP/USD climbed near 1.3650 on Dollar weakness, while geopolitical risks and Fed/BoE guidance influenced rate expectations.
Following first-quarter results, Twilio shares surged 21%, as markets assessed its strongest three-year revenue growth
Written on May 2, 2026 at 5:23 am, by davin
Twilio shares surged 21% on strong Q1 earnings, upbeat guidance, and analysts raised targets; stock hit $179.48.
Australia’s S&P Global Manufacturing PMI rises from 51 to 51.3, indicating stronger factory activity
Written on May 2, 2026 at 4:56 am, by davin
Australia’s S&P Global Manufacturing PMI climbed to 51.3 in April, signaling continued growth above the 50 mark.
