Live Updates

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May 2026
OCBC strategists say Asian currencies weakened as surging Brent, inflation concerns and hawkish Fed repricing dampened sentiment

Asian currencies mostly weakened as Brent neared $120, stoking inflation and hawkish Fed expectations amid Iran tensions.

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May 2026
Commerzbank expects India’s growth near 6.5%, aided by demand, GST 2.0 reforms, pro-investment budgets, risks rising

Commerzbank forecasts India’s FY2026–27 GDP growth at 6.5%, driven by domestic demand, reforms, and investment; risks persist.

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May 2026
EUR/USD inches up as dollar weakens after Tokyo action, while bulls hold 200-day SMA below Fibonacci level

EUR/USD rose to 1.1726 as dollar weakened; ECB held rates; eurozone inflation jumped; key resistance 1.1747.

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May 2026
Markets lift GBP/USD 0.78% as investors anticipate Bank of England tightening, targeting 1.3600 amid bullish engulfing pattern

GBP/USD gained 0.78% as BoE held rates; bullish momentum builds above 1.3565, eyes 1.3711.

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May 2026
Standard Chartered warns UK local elections may pressure Starmer, spark Labour challenge, while gilts remain central focus

May 7 elections across UK councils and devolved parliaments could pressure Starmer, risking Labour leadership challenge.

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May 2026
WTI oil retreats to near $101.45, yet holds above $100 as Hormuz tensions sustain supply concerns

WTI slips 3.7% near $101.45; Hormuz tensions persist as US seeks pressure on Iran, supply risks.

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