Monthly Archives: May 2026
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.
USD/CHF lifts on Middle East tensions as markets await US CPI and weigh Fed, SNB shifts
Written on May 12, 2026 at 1:26 pm, by josephine
USD/CHF rose to 0.7815 as Middle East tensions boosted dollar demand; markets await US CPI; Swiss inflation stays subdued.
South Africa Manufacturing Output Returns to Growth as Rand Firms and Rate-Cut Bets Fade
Written on May 12, 2026 at 1:23 pm, by josephine
South Africa’s manufacturing production index rose 0.9% year-on-year in March, reversing February’s 2.8% contraction.
Rupee hits record low as Hormuz risk lifts oil and spurs dollar demand
Written on May 12, 2026 at 12:56 pm, by josephine
Rupee hits record low as US-Iran tensions, high oil prices, and FII outflows pressure India.
Treasury yields rise as Middle East tensions and supply loom, markets await April US CPI
Written on May 12, 2026 at 12:53 pm, by josephine
Treasury yields rose as Middle East tensions and supply loomed; markets await April CPI impact on dollar.
Spain’s 9-month Letras yield rises to 2.514% as inflation revives ECB tightening expectations
Written on May 12, 2026 at 12:25 pm, by josephine
Spain’s latest 9-month Letras auction saw average yields rise to 2.514%, up from 2.461%.
Spain 3-month Letras yield edges higher, reinforcing hawkish ECB outlook and firmer euro rates
Written on May 12, 2026 at 12:23 pm, by josephine
Spain’s Treasury sold 3-month Letras at auction, with average yield rising to 2.154% from 2.111%.
Spain’s three-month bill yield edges higher as ECB caution lifts short-term borrowing costs
Written on May 12, 2026 at 11:53 am, by josephine
Spain’s 3-month Letras yield rose to 2.154% from 2.111%, slightly increasing short-term borrowing costs.
EUR/USD Holds Firm as Gulf Tensions Cloud Outlook; ZEW Surveys Watched for German Sentiment Shift
Written on May 12, 2026 at 11:26 am, by josephine
EUR/USD holds firm on risk appetite; Gulf tensions, weak ZEW outlook keep bias bearish, targeting 1.170.
