Monthly Archives: May 2026
Circular AI Economy: Lessons from Cerebras’ IPO

Written on May 15, 2026 at 8:42 pm, by jessica
Cerebras’ IPO is the first major US AI hardware test. Its pricing and early trading reflect where suppliers, customers, and capital intertwine, shaping 2026’s US and global IPO appetites.
EUR/USD Breaks 1.170 as Rate Gap Widens; Sterling Hit by UK Leadership Jitters

Written on May 15, 2026 at 8:20 pm, by davin
EUR/USD slipped below 1.170, eyeing 1.160 as equities and widening rate spreads pressured the euro.
South Korea’s KOSPI rally tests 10,000 as AI boom meets labour and redistribution risks

Written on May 15, 2026 at 8:19 pm, by davin
KOSPI surges on AI, sparking debate over inequality, housing, taxes, strikes, and 10,000 target hopes.
Turkey’s Budget Deficit Widens in April, Pressuring Lira and Raising Rate-Hike Risks
Written on May 15, 2026 at 7:49 pm, by davin
Turkey’s budget deficit widened in April, with the balance falling to -338.7B from -229.9B previously.
Italy inflation undershoots forecasts, bolstering ECB cut bets and weighing on the euro

Written on May 15, 2026 at 7:49 pm, by davin
Italy’s CPI rose 2.7% year-on-year in April, slightly below the 2.8% forecast, easing inflation.
Italy’s softer April CPI strengthens case for ECB summer cut, boosting BTPs and pressuring euro

Written on May 15, 2026 at 7:19 pm, by davin
Italy’s EU-harmonised CPI rose 1.6% month-on-month in April, slightly below expectations of 1.7%.
GBP/JPY Slips on UK Politics, Bearish Signals, as Options Traders Eye Range-Bound Trade

Written on May 15, 2026 at 7:19 pm, by davin
GBP/JPY hits 1.5-week low on UK political turmoil; technicals bearish, oversold RSI; supports 210.79, 209.23.
US stock futures slip as Middle East tensions, rising yields and Fed leadership shift weigh on sentiment

Written on May 15, 2026 at 6:50 pm, by davin
U.S. stock futures fell in Europe; Middle East tensions, inflation fears, Fed changes, and higher yields weighed.
Halpenny flags oil, rising yields and Middle East risks driving yen lower despite Japan interventions

Written on May 15, 2026 at 6:49 pm, by davin
Halpenny says yen weakness reflects higher oil, rising yields, and tensions, offsetting MoF action as BoJ holds.
Sterling Extends Losing Streak as UK Political Turmoil Weighs and Dollar Stays Firm

Written on May 15, 2026 at 6:19 pm, by davin
Pound fell to 1.3337 amid UK cabinet turmoil and fiscal fears, as resilient US data boosted Dollar.