Live Updates

5

May 2026
Mercan says Turkey’s April CPI hit 32.4%, exceeding expectations and the central bank’s 16% target amid energy shocks

Turkey’s April inflation hit 4.1%, lifting annual CPI to 32.4%, driven by food, housing, transport.

5

May 2026
Amid Hormuz tensions and Iran threats, the US Dollar strengthens, pushing GBP/USD down to 1.3531

GBP/USD slid to 1.3531 as Hormuz tensions and higher oil boosted the dollar; markets await US data.

5

May 2026
Ahead of the RBA policy decision, AUD/USD hovers around 0.7190, with Middle East tensions capping gains

AUD/USD hovers near 0.7190 pre-RBA decision; expected 25bp hike, fragile risk sentiment, key levels monitored.

5

May 2026
Following suspected Japanese intervention, USD/JPY hovers near 157.00, recovering from an Asian-session dip to 155.71

USD/JPY near 157 after dip; intervention chatter grows as Japan signals readiness amid dollar-supporting risks.

5

May 2026
Societe Generale’s Kunal Kundu says India’s March IIP rose 4.1%, easing, as core sectors fell, power softened

India’s March IIP grew 4.1%, core sector contracted; manufacturing rose, while disruptions may hit MSMEs later.

5

May 2026
TD Securities economists expect the Federal Reserve to hold rates until September, tracking Iran conflict, inflation

TD Securities expects Fed holds until September; Iran conflict, energy inflation, FOMC divisions may delay cuts.

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