Monthly Archives: May 2026
During the Asian session, gold trades near $4,630 as Middle East tensions drive safe-haven demand
Written on May 1, 2026 at 12:53 pm, by
Gold jumps to $4,630 as Middle East tensions fuel safe-haven demand; Hormuz blockade stokes inflation and uncertainty.
Following the Bank of England’s hawkish pause, GBP/USD rose nearly 1% to 1.3600 before key data releases
Written on May 1, 2026 at 12:23 pm, by
GBP/USD surged to 1.3600 as BoE held rates; softer US GDP offset steady PCE inflation.
In April, New Zealand’s ANZ–Roy Morgan consumer confidence fell to 80.3 from 91.3 previously
Written on May 1, 2026 at 12:23 pm, by
New Zealand’s ANZ–Roy Morgan Consumer Confidence sank in April, dropping 11 points to 80.3 from 91.3.
Markets were shaken as USD/JPY reversed sharply, tumbling 2.25% and shedding roughly 500 pips within hours
Written on May 1, 2026 at 11:54 am, by
USD/JPY tumbled 2.25% after a sharp 500-pip reversal, fueling suspected Japanese yen-buying intervention and volatility.
UOB’s Ho Woei Chen sees robust Taiwanese growth, export-led, domestic demand rising, with 2026 above 9%
Written on May 1, 2026 at 11:53 am, by
Taiwan’s 1Q26 GDP surged 13.69%; 2026 growth seen above 9%, inflation 2%, rates steady.
AUD/USD climbs above 0.7200 as Japanese intervention weakens the dollar despite strong US data
Written on May 1, 2026 at 11:24 am, by
AUD/USD tops 0.7200 as dollar slides on Japan intervention; US growth slows, Australia CPI fuels RBA hike bets.
Following an earnings beat, Apple shares dipped slightly as executives cited iPhone sales constrained by advanced-chip shortages
Written on May 1, 2026 at 11:23 am, by
Apple beat forecasts; shares dipped after hours as chip shortages constrained iPhone sales; China strong; dividend, buyback.
In March, Mexico’s fiscal balance deteriorated to -110.1B pesos, down from -50.733B previously
Written on May 1, 2026 at 10:54 am, by
Mexico’s March fiscal balance posted a 110.1 billion peso deficit, widening by 59.367 billion versus prior.
After Japanese yen intervention and softer first-quarter US growth, the US Dollar Index slid sharply near 98.10
Written on May 1, 2026 at 10:53 am, by
DXY slid to 98.10 as weak US GDP and Japan intervention drove yen higher, lifting majors.
DBS economist Chua Han Teng expects Thailand’s central bank to hold 1.00% rates until 2026 amid stagflation shocks
Written on May 1, 2026 at 10:24 am, by
DBS expects Thailand’s policy rate held at 1.00% through 2026 amid stagflation risks, inflation rising.
