Live Updates

8

May 2026
PBoC extends 18-month gold buying streak with April top-up as central bank demand stays firm

PBoC boosted gold reserves in April, adding 8.1 tonnes and extending its buying streak to 18 months.

8

May 2026
GBP/JPY edges higher as weak yen, high oil and yield gap support carry trade

GBP/JPY climbed to 213.31 as weak Yen, high oil prices, and rate gaps supported gains.

8

May 2026
TD Securities Sees April US CPI Accelerating, While Markets Brace for Higher-for-Longer Fed Rates

TD Securities forecasts April US CPI rising: core 0.38% m/m (2.8% y/y); headline 0.56% (3.7%).

8

May 2026
US jobs cool as inflation stays sticky, leaving Federal Reserve outlook uncertain and volatility trades favoured

April US payrolls beat forecasts at 115K; unemployment stayed 4.3%, participation dipped, wages rose 3.6%. Dollar fell.

8

May 2026
Canada jobless rate climbs to 6.9% as employment falls, weighing on the Canadian Dollar

Canada’s unemployment rose to 6.9% in April; jobs fell 17.7K, wages cooled; USD/CAD stayed firm.

8

May 2026
Sterling Rallies as Risk Appetite Holds, Markets Eye US Payrolls and Bank of England Signals

Sterling gained in Europe as risk appetite improved on US–Iran ceasefire hopes, ahead of key US jobs data.

8

May 2026
Trade Deficit Drive Weighs on Dollar as Steady Jobs Data Keeps Currency Range-Bound

Narrowing US trade deficit may reduce dollar recycling into securities, weighing on USD; jobs and sentiment awaited.

8

May 2026
Gold edges up as China extends central bank buying streak amid Middle East tensions

Gold edges higher on safe-haven demand; China’s central bank logs 18th straight month of purchases.

8

May 2026
Iran’s Araghchi condemns US tanker actions as markets shrug off Strait of Hormuz risk

Iran condemns U.S. Navy actions against two tankers, rejects missile claims, and warns Tehran won’t yield.

8

May 2026
TD Securities job forecast upended as US payrolls surge, fuelling hawkish Fed repricing and hedging strategies

TD Securities predicts 80k April payroll gain, driven by healthcare; unemployment 4.3%, earnings +0.2% m/m, 3.7% y/y.

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