Live Updates

8

May 2026
US Consumer Credit Surges in March, Undermining Summer Fed Cut Bets and Pressuring Tech Shares

US consumer credit jumped $24.86bn in March, nearly doubling forecasts of a $12.5bn increase.

8

May 2026
Banxico Holds Rates at 6.5%, Keeping Peso Carry Trade in Focus Amid Inflation Watch

Banxico held Mexico’s key interest rate at 6.5%, matching expectations and keeping policy unchanged from its previous announcement.

8

May 2026
Silver steadies near $79.62 as Hormuz tensions lift oil, capping gains below $81.43

Silver eased to $79.62 from $82 highs; Hormuz tensions lifted prices; technicals show resistance $81.43.

8

May 2026
Silver pares gains as Hormuz tensions fuel volatility and hawkish rate outlook, while US–Iran talks lift floor

Silver eases from $82 on Hormuz tensions; oil-led inflation fears cap gains, while talks and bullish signals persist.

8

May 2026
Standard Chartered sees BSP staying hawkish, flags off-cycle 50bp hike as inflation tops 7%

Standard Chartered expects BSP to stay hawkish as growth softens, with inflation driving policy and possible off-cycle hike.

8

May 2026
Asian stocks surge on Iran ceasefire hopes before oil, dollar and US equities reverse course

Asian markets surged on ceasefire hopes; oil dipped below $90, then rebounded as Iran-US tensions resurfaced.

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