Live Updates

7

May 2026
Eurozone PMI Slump and Sticky Inflation Put ECB in Bind, Raising Downside Risks for Euro

Eurozone April PMI slumped into contraction; services hit multiyear low as costs and prices rose, pressuring euro.

7

May 2026
Canada’s Ivey PMI surge challenges BoC cut bets, supporting Canadian dollar and TSX upside

Canada’s April Ivey PMI surged to 57.7, beating the 49.9 forecast and signaling economic expansion.

7

May 2026
USD/CAD Holds Steady as Softer Oil Offsets Risk Mood; BoC Briefing and 1.35 Support in Focus

USD/CAD steady as oil slips, risk appetite improves; BoC testimony looms, technicals keep bearish bias.

7

May 2026
Societe Generale sees yen undervalued, warns crowded carry trades as Japan eyes USD/JPY pullback

Societe Generale says yen is undervalued; carry trades persist, but intervention risks could push USD/JPY lower.

7

May 2026
USD/CHF slides as US–Iran détente lifts risk appetite and Swiss inflation strengthens franc

USD/CHF slipped near 0.7790 as risk appetite rose on US–Iran progress and higher Swiss inflation.

7

May 2026
UK gilts sell off as election uncertainty lifts yields and keeps sterling volatility elevated

UK gilt yields jumped 10–12bp, driven by political uncertainty and election risks, pressuring sterling.

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