Live Updates

15

May 2026
Dollar rally after Trump–Xi summit fades as inflation and Fed politics keep markets range-bound

Trump–Xi summit lifted dollar; seen as correction. Oil shock may fade. Yields rose; Fed hikes eyed.

15

May 2026
EUR/USD Breaks 1.170 as Rate Gap Widens; Sterling Hit by UK Leadership Jitters

EUR/USD slipped below 1.170, eyeing 1.160 as equities and widening rate spreads pressured the euro.

15

May 2026
South Korea’s KOSPI rally tests 10,000 as AI boom meets labour and redistribution risks

KOSPI surges on AI, sparking debate over inequality, housing, taxes, strikes, and 10,000 target hopes.

15

May 2026
Turkey’s Budget Deficit Widens in April, Pressuring Lira and Raising Rate-Hike Risks

Turkey’s budget deficit widened in April, with the balance falling to -338.7B from -229.9B previously.

15

May 2026
Italy inflation undershoots forecasts, bolstering ECB cut bets and weighing on the euro

Italy’s CPI rose 2.7% year-on-year in April, slightly below the 2.8% forecast, easing inflation.

15

May 2026
Italy’s softer April CPI strengthens case for ECB summer cut, boosting BTPs and pressuring euro

Italy’s EU-harmonised CPI rose 1.6% month-on-month in April, slightly below expectations of 1.7%.

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