Live Updates

4

May 2026
Morgan Stanley and Goldman Sachs foresee $1.1 trillion AI spending by 2027, intensifying competition across markets

AI infrastructure spending could hit $1.1T by 2027 as hyperscalers’ capex surges, boosting chips, debt markets.

4

May 2026
During Asian hours, USD/INR trades near 95.00 for a second day as the Dollar strengthens

USD/INR near 95.00 as dollar rebounds; Iran-Hormuz tensions, $100 oil, outflows support upside; key levels monitored.

4

May 2026
Rising inflation fears leave gold exposed, slipping in Europe towards $4,580, nearing Friday’s swing low again

Gold slips near $4,580 as Iran tensions and inflation fears support dollar, rates, hurting non-yielding demand.

4

May 2026
Commerzbank’s Michael Pfister says the SNB lacks sustainable options to weaken CHF against USD and peers

Commerzbank argues SNB lacks durable tools to weaken franc; only massive interventions risk reserves and US backlash.

4

May 2026
Bearish sentiment drags XAG/USD towards $74.00, with support potentially tested near the four-month low at $61.01

Silver dips to $74.30; descending channel, bearish bias persists below key EMAs; support $61, $47; resistance $79.

4

May 2026
Eurozone inflation is forecast at 2.7% in 2026, easing to 2.1% in 2027, 2% in 2028

ECB forecasters see Eurozone inflation averaging 2.7% in 2026, easing to 2% by 2028; EUR/USD slips.

4

May 2026
Societe Generale economists say eurozone growth barely advanced, worsening risks, as inflation rises and confidence weakens

Euro area GDP barely grew; inflation rose on energy, core eased; ECB eyes expectations, plans June-September hikes.

4

May 2026
Turkey’s April exports rose to $25.4 billion, increasing from the prior $21.9 billion level overall

Turkey’s exports climbed to $25.4bn in April from $21.9bn, marking a $3.5bn increase overall.

4

May 2026
April’s Eurozone HCOB Manufacturing PMI matched expectations, arriving at 52.2, indicating steady factory output levels

HCOB Eurozone Manufacturing PMI came in at 52.2 in April, matching forecasts and signaling steady factory activity.

4

May 2026
Greece’s S&P Global Manufacturing PMI eased to 52.4 in April from 54.5 previously, indicating slower momentum

Greece’s manufacturing PMI fell to 52.4 in April from 54.5, signaling slower growth despite expansion.

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