Live Updates

6

May 2026
US weekly API crude oil inventories fell 8.1 million barrels, exceeding forecasts for a 2.8 million drawdown

US weekly API crude inventories fell 8.1 million barrels to May 1, beating forecasts for 2.8 million drop.

6

May 2026
UOB economists say Indonesia’s 1Q26 GDP rose 5.61% annually, underpinned by spending, consumption, investment constraints

Indonesia’s 1Q26 GDP rose 5.61%, beating forecasts, powered by spending; sustaining growth hinges on fiscal limits.

6

May 2026
USD/CHF slips 0.12% in North America, encountering resistance near 0.7842–57 from 20/50/100-day SMAs

USD/CHF slides to 0.7830, rejected at SMA resistance; bearish bias persists, with key support near 0.7800.

6

May 2026
Bhargava says Philippine inflation hit a three-year high, fuelled by food and fuel, risking BSP hikes, 2Q averaging above 8%

Philippine inflation surged to 7.2% in April; food and fuel pressures may force faster BSP tightening.

6

May 2026
Silver rebounds to $73.22, staying under $75, as bearish momentum persists and risk appetite improves

Silver rises 0.69% to $73.22 but stays under $75; bearish RSI, key supports near $70.

6

May 2026
Gold climbs 1% after US-Iran ceasefire boosts risk appetite, rebounding from $4,500 lows to $4,560

Gold gains near $4,560 as yields slip; US–Iran tensions persist, Fed pause outlook supports bullion.

6

May 2026
Radhika Rao of DBS reviews BJP’s West Bengal gains, Assam re-election, plus political changes in Tamil Nadu, Kerala

State elections shift political landscape; rising welfare spending widens deficits, pressuring markets and spotlighting infrastructure-linked sectors.

6

May 2026
With oil easing, USD/CAD hovers near 1.3620, staying below 1.3700 as bears dominate trading

USD/CAD held rangebound as oil dipped and dollar firmed; traders await jobs data, technicals remain bearish.

6

May 2026
OCBC strategists say Asian currencies weakened as rising oil prices sparked by Middle East tensions rattled markets

Asian currencies fell as Middle East tensions lifted oil prices, boosting inflation risks and strengthening US dollar.

6

May 2026
EUR/USD strengthens as softer US data and lower gas costs reduce Treasury yields, pressuring the dollar

Euro rises near 1.1700 as oil dips drag US yields; Middle East risks, ECB/Fed rate outlooks watched.

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