Live Updates

16

May 2026
Russia’s reserves hit $771bn, buoying rouble and complicating sanctions while lifting oil and hedging demand

Russia’s central bank reserves climbed to $771bn from $757.5bn, marking a $13.5bn increase overall.

16

May 2026
USD/JPY Extends Rally as Higher US Yields and Fed Tightening Bets Keep Yen Under Pressure

USD/JPY nears 158.55 as strong US data lifts yields, rate-hike odds; Japan inflation, intervention cap gains.

16

May 2026
SocGen Sees US Yield Divergence Capping Sterling, Forecasts GBP/USD at 1.32 by End-2026

US-Iran conflict lifts US yields; other countries’ rates rise too, limiting dollar gains; SocGen sees weaker pound.

16

May 2026
KOSPI hits record on tech surge before profit-taking rout as rate-hike fears weigh

KOSPI hit record on tech rally, then reversed sharply as Samsung slumped; US futures fell on inflation.

16

May 2026
India Raises Petrol and Diesel Prices as Crude Surge Adds to Inflation and RBI Rate Risks

India raised petrol and diesel prices by about INR 3 per litre, risking higher inflation pressures nationwide.

16

May 2026
Foreign Inflows to Canadian Securities Miss Forecast, Raising Loonie and TSX Hedging Questions

Canada’s foreign portfolio investment hit $4.62bn in March, missing the $11.4bn forecast amid weaker buying.

16

May 2026
Canadian overseas securities buying slumps to $3.9bn in March, lifting loonie outlook

Canadian portfolio purchases of foreign securities plunged to $3.9bn in March from $25.36bn previously.

15

May 2026
Empire State manufacturing index beats forecasts, complicating Fed rate-cut outlook and lifting dollar bids

New York’s Empire State Manufacturing Index surged to 19.6 in May, easily beating forecasts of 7.5.

15

May 2026
TD Securities sees Fed holding rates through 2026, June projections turn hawkish amid oil-led inflation

TD Securities now sees no Fed cuts in 2026; June turns hawkish, easing bias removed, dollar soft.

15

May 2026
Dollar Index steadies near 105 as higher yields and options markets price policy uncertainty

Dollar Index climbed as Treasury yields hit new highs; retail sales steady; GDPNow upgraded; Brent oil rose.

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