Monthly Archives: May 2026
RBC’s Abbey Xu says February GDP rose 0.2%, with goods and services recovering as auto disruptions eased
Written on May 1, 2026 at 1:24 am, by davin
Canada’s GDP rose 0.2% in February; Q1 growth slightly above forecasts; Bank of Canada rates steady.
ECB President Christine Lagarde explains unchanged April rates decision and answers journalists, dismissing concerns about second-round effects
Written on May 1, 2026 at 1:23 am, by davin
Lagarde said ECB held rates steady in April, cited lingering energy impacts and no significant wage pressures.
Commerzbank’s Nguyen says expanded output and weak demand widened copper surplus to 300,000 tonnes, limiting gains
Written on May 1, 2026 at 12:54 am, by davin
Commerzbank says copper surplus hit 300,000 tons as output rose, demand lagged; high prices may cap gains.
With ECB rates unchanged, EUR/USD rises to 1.1690, as mixed US data pressures the Dollar, after 1.1655 low
Written on May 1, 2026 at 12:53 am, by davin
EUR/USD rose to 1.1690 after weak US GDP; Fed uncertainty persists as ECB holds rates, stresses risks.
Lagarde outlines ECB’s decision to keep rates unchanged, addressing journalists’ questions on future policy direction
Written on May 1, 2026 at 12:24 am, by davin
ECB held rates; Lagarde warned uncertainty, energy inflation risks, weaker growth, and data-dependent policy amid turbulence.
ECB President Christine Lagarde defended holding rates steady, answering press questions and emphasising interest rates as key tool
Written on May 1, 2026 at 12:23 am, by davin
Lagarde said ECB held rates steady, rejecting “stagflation” label; reiterated 2% symmetric target, June scenarios update.
