Monthly Archives: May 2026
Dollar index slides towards 97.90 as ceasefire hopes lift risk appetite ahead of US CPI
Written on May 9, 2026 at 2:53 am, by josephine
Dollar index dips to 97.90 as risk improves; ceasefire efforts persist; jobs beat, yields fall, key data awaited.
Semiconductor Index Rally Near Elliott Wave Target Zone as Exhaustion Signals Point to Correction
Written on May 9, 2026 at 2:25 am, by josephine
Semiconductor Index surged after 6.7% dip; Elliott Wave targets 12,110–12,300 near-term, then retrace toward 10,000.
Hungary Inflation Stays Sticky as Markets Price Possible Rate Rise and Forint Volatility in 2026
Written on May 9, 2026 at 2:23 am, by josephine
Hungary’s inflation rose in April; CPI hit 2.1% yearly, with steady rates expected through year-end.
IMD sees below-average monsoon as El Niño risk tests agriculture, while RBI set to hold rates
Written on May 9, 2026 at 2:02 am, by josephine
India forecasts 2026 monsoon 8% below average; El Niño, heatwaves threaten crops, prices; RBI likely holds rates.
USD/JPY drifts towards 156.60 as Middle East tensions lift yen and cap dollar rallies
Written on May 9, 2026 at 1:59 am, by josephine
USD/JPY dips near 156.60 as Yen demand rises on Middle East tensions; US data mixed.
Gold edges higher as softer dollar and easing yields offset robust US jobs, Middle East risks in focus
Written on May 9, 2026 at 1:56 am, by josephine
Gold climbed 0.75% near $4,711 as ceasefire hopes, softer dollar and yields offset strong jobs.
Wells Fargo Sees US CPI Firm, Reinforcing Higher-for-Longer Rates as Energy and Services Bite
Written on May 9, 2026 at 1:53 am, by josephine
Wells Fargo sees April CPI firming: headline 3.8%, core 2.9%, with elevated energy and shelter.
Nomura Warns Iran War May Keep UK Inflation High, Complicating Rates as Growth Stalls
Written on May 9, 2026 at 12:56 am, by josephine
Nomura warns Iran war may keep UK inflation elevated until 2027, weakening growth, boosting Reform support.
USD/CHF Holds Near 0.9080 as Fed-SNB Policy Gap Lifts Dollar Ahead of US PPI
Written on May 9, 2026 at 12:53 am, by josephine
USD/CHF neared two-month lows amid broad dollar weakness, Middle East tensions, and mixed US jobs data.
US oil rig count edges up to 410, reinforcing range-bound WTI and subdued crude volatility
Written on May 9, 2026 at 12:25 am, by josephine
Baker Hughes said US oil rigs totaled 410, slightly beating forecasts of 409, signaling marginally stronger drilling activity.
