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.

5

May 2026
Commerzbank’s Nguyen says suspected intervention lifted yen, yet markets doubt BoJ inflation resolve and durability of gains

Unconfirmed intervention lifted yen, but durability depends on Iran war, energy risks, and Bank of Japan policy.

5

May 2026
BNY’s Bob Savage says oil prices fluctuate as US Hormuz escorts ease fears, yet attacks resurge

Oil prices swing on Hormuz attacks, US escorts, and OPEC+ plans to raise June 2026 output.

5

May 2026
Societe Generale warns Starmer faces mounting local election risk; poor results may prompt delayed leadership challenge in September

Societe Generale warns rising political risk as Starmer faces elections, leadership challenge rumors, reshuffle speculation, no successor.

5

May 2026
USD/CAD climbs to 1.3617, gaining 0.22%, as Strait of Hormuz tensions bolster the US dollar

USD/CAD climbed to 1.3617 as Hormuz tensions boosted the dollar; oil rose, jobs reports awaited Friday.

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