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Monthly Archives: May 2026

UK RICS House Price Balance Slides to -34%, Raising BoE Cut Bets and Pressuring Sterling

Written on May 14, 2026 at 5:55 am, by

UK RICS house price balance fell to -34% in April, missing forecasts of -25%, FXStreet Team reported.

GBP/JPY Holds Above 50-Day Average as BoE Easing Bets and BoJ Tightening Support Yen

Written on May 14, 2026 at 5:53 am, by

GBP/JPY holds above 50-day SMA near 213.50; neutral RSI. Break 214 targets 216.60; below 213 risks 210.76.

Sterling Steadies Near 1.35 as UK Political Strains Meet Hot US PPI and Rate Divergence

Written on May 14, 2026 at 5:26 am, by

GBP/USD ended flat after volatile swing; UK political pressure and strong US PPI shaped cautious outlook.

Wall Street hits record highs as Trump–Xi summit focus lifts AI leaders and options activity

Written on May 14, 2026 at 5:23 am, by

Stocks hit record highs as investors focused on Trump–Xi summit; NVIDIA led AI gains, options boosted momentum.

USD/SGD Holds Range as Singapore Dollar Lower Beta Curbs Upside, ‘Sell Rallies’ Favoured

Written on May 14, 2026 at 4:55 am, by

USD/SGD rises mildly amid broader USD strength; momentum eases, signaling range trade; key resistance/support levels guide sell-rallies.

Silver Extends Six-Day Rally as Inflation Keeps Rate Outlook Firm and $90 Beckons

Written on May 14, 2026 at 4:53 am, by

Silver extends six-day rally above $87 as inflation boosts higher-for-longer rate expectations; eyes $89.50 breakout.

Malaysia Fuel Subsidy Cap Hinges on USD 100 Oil, Leaving Ringgit as Key Stress Gauge

Written on May 14, 2026 at 4:25 am, by

Malaysia holds RON95 fuel prices steady, keeping subsidies near 0.2% GDP if oil stays under $100.

Dollar hits late-April high after strong PPI, dragging euro, sterling and gold lower

Written on May 14, 2026 at 4:23 am, by

Dollar index hits 98.50 after strong PPI; majors slide, oil near $101, gold dips, key data ahead.

Oracle Rises as AI Backlog Defends Capex

Written on May 14, 2026 at 4:17 am, by

Oracle gains as Wedbush backs AI capex, with cloud backlog, chip momentum and Fed risk in focus.

Lane Signals Faster ECB Response as Iran-Driven Energy Shock Lifts Eurozone Inflation Risks

Written on May 14, 2026 at 3:56 am, by

Philip Lane warns Iran-driven energy shock may lift prices; overshoot size and persistence will determine policy response.

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