Live Updates

1

May 2026
Makhlouf says he will monitor indirect impacts of rising energy costs across production, transport and services

ECB’s Makhlouf to watch energy-driven cost-push inflation, wage second-round effects, and expectations as euro barely reacts.

1

May 2026
With the dollar weakening, the euro trades near weekly peaks around 1.1755, hovering at 1.1742

EUR/USD climbed to 1.1742 as dollar slid amid intervention fears; Euro inflation, ECB signals, and oil remained key.

1

May 2026
Rabobank says the Bank of England held rates, maintaining cautious alertness, while June risks persist amid softer jobs

Bank of England holds rates, “active hold” stance; RaboResearch sees possible June tightening amid Gulf-driven inflation risks.

1

May 2026
MUFG’s Derek Halpenny says Japan likely intervened near 160, buying time amid Middle East and cost pressures

USD/JPY plunged near 160 on suspected Japan intervention as officials weighed Middle East risks, inflation, holiday liquidity.

1

May 2026
During European trading, NYMEX WTI hovers near $102.25, pausing after a fortnight’s rally peaked $107.35 near three-year high

WTI holds near $102 as Hormuz closure supports prices; central-bank hawkishness raises demand worries; key levels $95-$113.

1

May 2026
XAG/USD holds within the low $73s in Europe, after earlier $75 support rejection keeps prices subdued

Silver slips to low $73s, extending weekly losses as hawkish Fed boosts dollar; key support/resistance outlined.

1

May 2026
UK M4 money supply grew 4.3% year-on-year in March, accelerating from the prior 3.6%

UK M4 money supply rose 4.3% year-on-year in March, up from 3.6% previously.

1

May 2026
UK individuals borrowed £8B month-on-month, surpassing forecasts of £5.9B, in March figures

UK net lending to individuals climbed to £8bn in March, beating forecasts of £5.9bn by £2.1bn.

1

May 2026
UK M4 money supply increased 0.8% month-on-month, exceeding the 0.5% forecast, according to released data

UK M4 money supply climbed 0.8% in March, beating the 0.5% forecast by 0.3 percentage points.

1

May 2026
In March, UK mortgage approvals reached 63.53K, surpassing forecasts of 60K from analysts and expectations

UK mortgage approvals rose to 63.53K in March, beating the 60K forecast and signalling stronger lending activity.

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