Monthly Archives: May 2026
US inflation tops forecasts as core prices firm, fuelling dollar gains and higher-for-longer rate bets
Written on May 12, 2026 at 6:26 pm, by josephine
US April CPI hit 3.8% y/y, topping forecasts; core firm, energy-led rise boosted dollar, hawkish expectations.
US Core CPI Surprise Spurs Rate-Cut Repricing, Lifts Dollar and Fuels Equity Volatility
Written on May 12, 2026 at 6:23 pm, by josephine
US core CPI, excluding food and energy, rose to 335.423 in April from 334.165, up 1.258.
Dollar rebound to near 158 yen revives Japanese intervention fears as oil and yields weigh
Written on May 12, 2026 at 4:26 pm, by josephine
Dollar rises with oil, USD/JPY nears 158; Japan signals possible intervention amid volatility and persistent yen weakness.
US private hiring edges up, keeping Fed on alert and bolstering higher-for-longer rate outlook
Written on May 12, 2026 at 4:23 pm, by josephine
Private-sector hiring edged up late April; employers added 33,000 weekly; job and wage gains influence inflation.
EUR/USD slips under 1.1750 as Iran ceasefire doubts lift dollar, focus turns to US CPI
Written on May 12, 2026 at 3:26 pm, by josephine
EUR/USD slides under 1.1750 as Iran ceasefire fears boost dollar; traders await US CPI, Euro data.
US ADP four-week average slips to 33K, reinforcing expectations of deeper Fed rate cuts
Written on May 12, 2026 at 3:23 pm, by josephine
US ADP employment change 4-week average fell to 33K on April 18, down from 39.25K.
Sterling slips as Starmer resignation chatter fuels political risk premium and fiscal credibility fears in UK assets
Written on May 12, 2026 at 2:56 pm, by josephine
Sterling weakened as resignation calls grew for Starmer; political uncertainty, fiscal-rule doubts, and leadership speculation pressured GBP.
Brazil inflation undershoots forecasts, fuelling bets on BCB rate cut and weaker real
Written on May 12, 2026 at 2:53 pm, by josephine
Brazil’s April IPCA inflation eased to 0.67%, undershooting forecasts of 0.7% by 0.03 percentage points.
Mexico Industrial Output Fall Eases in March, Supporting Peso and Banxico’s Cautious Rate Path
Written on May 12, 2026 at 2:26 pm, by josephine
Mexico’s industrial output dropped 1.3% year on year in March, a smaller decline than the forecast 1.5%.
India mulls emergency steps to defend forex reserves as oil nears $95 and rupee weakens
Written on May 12, 2026 at 2:23 pm, by josephine
India considers emergency measures to protect forex reserves as oil prices surge, widening deficit and pressuring rupee.