About: davin
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BoJ Liquidity Withdrawal Surprises as Monetary Base Shrinks, Rekindling Yen Strength and Nikkei Risks

Japan’s monetary base fell 11.3% year-on-year in April, missing forecasts for a 10.5% decline.
Written on May 7, 2026 at 11:28 am
Categories: Live Updates
Tags: Yen
WTI slides as Iran weighs US proposal to reopen Hormuz and ease port blockade
Iran weighs US peace proposal; Strait of Hormuz reopening and port blockade easing discussed, with nuclear talks pending.
Written on May 7, 2026 at 11:28 am
Categories: Live Updates
Tags: Oil
RBNZ’s Breman flags elevated inflation as NZD gains, reinforcing outlook for higher OCR

RBNZ Governor Breman expects slightly higher near-term inflation, slower growth, flat house prices, resilient banks; NZD rises.
Written on May 7, 2026 at 10:58 am
Categories: Live Updates
Tags: Kiwi
Gold steadies near $5,150 as Middle East tensions and Fed hawkishness drive volatility bids

Gold hits one-week high near $4,700 as US-Iran peace hopes ease inflation; markets await US jobs report.
Written on May 7, 2026 at 10:58 am
Categories: Live Updates
Tags: Gold
Sterling rises on firmer UK PMIs as traders weigh US jobs strength and shifting geopolitics

GBP/USD gained 0.4% to 1.3595 as UK PMIs beat forecasts; geopolitics and US jobs data awaited.
Written on May 7, 2026 at 10:29 am
Categories: Live Updates
Tags: Pound
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