Live Updates

7

May 2026
South Korea’s FX reserves rise to $427.88bn, bolstering won defence and easing volatility

South Korea’s foreign exchange reserves rose to $427.88bn in April, up $4.22bn from March’s $423.66bn.

7

May 2026
Societe Generale flags weakening Indonesian fiscal outlook, keeping bearish rupiah view amid external deficit pressures

SocGen warns Indonesia’s early-2026 front-loaded spending weakens fiscal balance, raising funding needs; remains bearish rupiah.

7

May 2026
Dollar Index drifts towards 98 as US-Iran deal hopes curb oil fears, jobs data limits losses

Dollar index nears 98; strong ADP limits losses as US-Iran deal hopes lift risk, pressure oil, boost gold.

7

May 2026
Philippines inflation spike revives BSP tightening bets as Middle East supply risks loom over peso

Philippines faces Middle East supply shocks, driving inflation and peso risks; BSP may hike despite weak growth.

7

May 2026
Gold jumps towards $4,700 as dollar and yields retreat while Fed stays hawkish amid tensions

Gold jumps 3% as dollar, yields fall; Iran-US talks ease oil, Fed holds rates, key levels.

7

May 2026
BNY iFlow Carry indicator dips as investors trim high-yield EM currencies amid rate-cut hints

BNY’s iFlow Carry briefly turned negative as high-yield currencies sold broadly, sparking emerging-market carry profit-taking fears.

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