Live Updates

22

May 2026
Eurozone PMI slump and energy-driven inflation keep ECB on course for June rate rise amid Gulf risks

Eurozone PMI drops signal weak Q2 growth, but rising input costs strain ECB; June hike likely, energy risks.

22

May 2026
Sterling consolidates near 1.3440 as weak PMIs and UK swap repricing fears weigh on outlook

GBP/USD steadies near 1.3440 as weak UK PMI dents sterling and traders trim BoE hike expectations.

22

May 2026
USD/JPY hovers near 159 as intervention fears cap gains and traders eye options hedges

USD/JPY hovers near 159 amid intervention fears; falling yields and oil bolster yen, trade surplus lifts BOJ hopes.

22

May 2026
US jobless claims dip to 209,000, bolstering dollar and reinforcing higher-for-longer Fed stance

US initial jobless claims fell to 209K, below forecasts; dollar firmer as labor data guides Fed policy.

22

May 2026
US continuing jobless claims undershoot forecasts, reinforcing Fed higher-for-longer rate outlook

US continuing jobless claims fell to 1.782 million in week ending 8 May, beating 1.79 million forecast.

21

May 2026
US Building Permits Beat Forecast in April, Strengthening Housing Outlook and Clouding Fed Rate-Cut Path

US building permits rose to 1.442M in April, beating the 1.39M forecast by 0.052M month-on-month.

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