Live Updates

9

May 2026
IMD sees below-average monsoon as El Niño risk tests agriculture, while RBI set to hold rates

India forecasts 2026 monsoon 8% below average; El Niño, heatwaves threaten crops, prices; RBI likely holds rates.

9

May 2026
USD/JPY drifts towards 156.60 as Middle East tensions lift yen and cap dollar rallies

USD/JPY dips near 156.60 as Yen demand rises on Middle East tensions; US data mixed.

9

May 2026
Gold edges higher as softer dollar and easing yields offset robust US jobs, Middle East risks in focus

Gold climbed 0.75% near $4,711 as ceasefire hopes, softer dollar and yields offset strong jobs.

9

May 2026
Wells Fargo Sees US CPI Firm, Reinforcing Higher-for-Longer Rates as Energy and Services Bite

Wells Fargo sees April CPI firming: headline 3.8%, core 2.9%, with elevated energy and shelter.

9

May 2026
Nomura Warns Iran War May Keep UK Inflation High, Complicating Rates as Growth Stalls

Nomura warns Iran war may keep UK inflation elevated until 2027, weakening growth, boosting Reform support.

9

May 2026
USD/CHF Holds Near 0.9080 as Fed-SNB Policy Gap Lifts Dollar Ahead of US PPI

USD/CHF neared two-month lows amid broad dollar weakness, Middle East tensions, and mixed US jobs data.

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