Live Updates

16

May 2026
ING sees Bank Indonesia poised for rate rise as rupiah weakness fuels currency stability focus

ING expects Bank Indonesia to raise rates 25 bps, prioritising rupiah stability amid widening US-Indonesia rate gap.

16

May 2026
EUR/GBP nears one-month high as UK political jitters and gilt yields unsettle Sterling

EUR/GBP neared one-month highs as UK political and borrowing worries hit Sterling; markets await inflation, jobs data.

16

May 2026
US oil rig count rises to 415 as higher crude prices spur supply response, curve flattens

Baker Hughes reported US oil rig count rose to 415, up from 410 in the previous count.

16

May 2026
Sterling slides as UK political strains and firmer US data drag GBP/USD to April lows

GBP/USD slid to 1.3343, fourth daily drop; UK political turmoil, risk-off mood and rising yields pressured.

16

May 2026
WTI tops $100 as Trump–Xi oil talk stokes Hormuz supply fears amid softer demand outlook

WTI surged above $100 amid Trump-Xi remarks; Hormuz reopening uncertainty fuels supply-risk fears, analysts warn disruptions.

16

May 2026
Russia April CPI Miss Spurs Rate-Cut Bets, Pressuring Rouble and Lifting OFZs

Russia’s April CPI rose 0.14% month-on-month, undershooting forecasts of 0.3% and signalling slower inflation.

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