Monthly Archives: May 2026
French factory sentiment beats forecasts, lifting CAC 40 and euro while weighing on OATs

Written on May 22, 2026 at 5:28 pm, by davin
France’s manufacturing climate hit 102 in May, beating expectations, lifting stocks and euro, pressuring bonds.
Euro Slides to 11-Day Low Against Sterling as UK-ECB Rate Divergence Widens

Written on May 22, 2026 at 5:22 pm, by davin
Euro hits 11-day low versus sterling as UK resilience and BoE-ECB divergence favor pound; sell EUR/GBP rallies.
USD/TRY hits record high as Turkish political turmoil and hawkish Fed shift weigh on lira

Written on May 22, 2026 at 5:13 pm, by davin
USD/TRY hit record 45.7778 as Turkish political uncertainty and hawkish Fed expectations weakened the lira.
Dollar edges higher as US–Iran draft ceasefire and Fed rate outlook keep DXY supported

Written on May 22, 2026 at 5:08 pm, by davin
Dollar edges higher as ceasefire draft emerges; Fed steady outlook and ongoing tensions support stronger DXY.
EURUSD Weakens As Eurozone PMIs Contract

Written on May 22, 2026 at 5:04 pm, by casandra
EUR/USD trades near $1.16 as weak PMIs, ECB hike bets, German data and Iran talks steer euro sentiment.
Dollar edges higher as US-Iran draft deal reported, while markets await Fed rate guidance

Written on May 22, 2026 at 4:45 pm, by davin
Dollar edges higher near 99.25 amid US–Iran draft deal reports; Fed steady, technical resistance 99.52.
SpaceX Launch Momentum Puts The Space Economy Back in Focus

Written on May 22, 2026 at 4:36 pm, by casandra
A SpaceX launch is no longer just a rocket story. It has become a read on the future of satellite broadband, defence demand, reusable launch economics, space logistics, and investor appetite for the commercial space economy.
Sterling Slides as Weak UK Sales Renew BoE Rate Doubts, Traders Eye US Sentiment Data

Written on May 22, 2026 at 4:19 pm, by davin
GBP/USD slid near 1.3420 as weak UK retail sales pressured sterling; traders await Michigan sentiment data.
Germany’s Q1 GDP Beats Forecast, Lifting DAX Put-Selling Appeal and Tempering ECB Cut Bets

Written on May 22, 2026 at 4:19 pm, by davin
Germany’s first-quarter GDP rose 0.4% year-on-year, beating expectations and surpassing the 0.3% forecast.
Germany’s GfK June consumer confidence beats forecasts, bolstering euro and challenging ECB easing expectations

Written on May 22, 2026 at 3:49 pm, by davin
Germany’s GfK consumer confidence for June improved to -29.8, beating forecasts of -34 and signaling rising sentiment.