Monthly Archives: May 2026
Japan posts ¥301.9bn April trade surplus, stoking yen bets and Bank of Japan tightening expectations
Written on May 21, 2026 at 11:49 am, by davin
Japan posted a ¥301.9B merchandise trade surplus in April, far above the expected ¥-29.7B deficit.
Japan’s April export surge fuels Nikkei optimism and bolsters bets on a firmer yen
Written on May 21, 2026 at 11:48 am, by davin
Japan’s April exports grew 14.8% year on year, surpassing the 9.3% forecast and beating expectations.
Gold steadies near $4,540 as Iran tensions and Fed rate risks keep traders on edge
Written on May 21, 2026 at 11:19 am, by davin
Gold steady near $4,540 as US-Iran tensions, Hormuz risks and US PMI data keep markets cautious.
Australia’s manufacturing PMI slips to 50.2, raising risks for AUD and ASX-linked cyclicals
Written on May 21, 2026 at 10:51 am, by davin
Australia’s S&P Global Manufacturing PMI fell to 50.2 in May from 51.3, signaling near-stagnant conditions.
Australia PMI slips as services contract, yet Aussie dollar rises on softer US inflation
Written on May 21, 2026 at 10:51 am, by davin
Australia’s May PMIs weakened: manufacturing 50.3, services 47.7, composite 47.8; AUD/USD rose to 0.7150.
Sterling Holds Near 1.3450 as US Dollar Softness Offsets Cooling UK Inflation and Dovish BoE
Written on May 21, 2026 at 10:19 am, by davin
UK inflation slowed, yet sterling rose near 1.3450 on dollar weakness; PMIs and retail sales awaited.
New Zealand Export Surge Boosts NZ Dollar Outlook as Markets Price Higher-for-Longer RBNZ Rates
Written on May 21, 2026 at 10:19 am, by davin
New Zealand exports rose to $8.62b in April from $7.94b, increasing by $0.68b overall.
New Zealand April Imports Slide to $6.7bn, Adding Pressure for RBNZ Dovish Pivot
Written on May 21, 2026 at 9:49 am, by davin
New Zealand’s imports fell to $6.7b in April, down $0.55b from $7.25b previously.
Yen edges higher on broad dollar pullback as USD/JPY holds near 159 and eyes 160
Written on May 21, 2026 at 9:49 am, by davin
Yen ended slightly firmer as dollar softened; USD/JPY held near 159, with 158 support and inflation awaited.
Silver’s bullish harami eyes $80 break as industrial demand and subdued dollar underpin prices
Written on May 21, 2026 at 9:19 am, by davin
Silver rose over 3%, forming bullish harami; confirmation above $78.88 targets $80-$81, downside $73-$70.
