Monthly Archives: May 2026
Banxico Holds Rates at 6.5%, Keeping Peso Carry Trade in Focus Amid Inflation Watch
Written on May 8, 2026 at 2:25 am, by josephine
Banxico held Mexico’s key interest rate at 6.5%, matching expectations and keeping policy unchanged from its previous announcement.
Silver steadies near $79.62 as Hormuz tensions lift oil, capping gains below $81.43
Written on May 8, 2026 at 2:23 am, by josephine
Silver eased to $79.62 from $82 highs; Hormuz tensions lifted prices; technicals show resistance $81.43.
Silver pares gains as Hormuz tensions fuel volatility and hawkish rate outlook, while US–Iran talks lift floor
Written on May 8, 2026 at 1:53 am, by josephine
Silver eases from $82 on Hormuz tensions; oil-led inflation fears cap gains, while talks and bullish signals persist.
Standard Chartered sees BSP staying hawkish, flags off-cycle 50bp hike as inflation tops 7%
Written on May 8, 2026 at 1:26 am, by josephine
Standard Chartered expects BSP to stay hawkish as growth softens, with inflation driving policy and possible off-cycle hike.
Asian stocks surge on Iran ceasefire hopes before oil, dollar and US equities reverse course
Written on May 8, 2026 at 1:23 am, by josephine
Asian markets surged on ceasefire hopes; oil dipped below $90, then rebounded as Iran-US tensions resurfaced.
EUR/USD slips as Hormuz jitters lift dollar; investors weigh Fed pivot against ECB caution
Written on May 8, 2026 at 12:55 am, by josephine
EUR/USD fell to 1.1748 as Hormuz concerns boosted dollar, oil; Fed, ECB warned prolonged inflation risk.
Bank Indonesia Tightens Dollar Purchase Caps and Boosts Rupiah Support via Bonds and NDF Access
Written on May 8, 2026 at 12:53 am, by josephine
Bank Indonesia tightens dollar purchase limits, buys bonds, and enables offshore NDF access to support rupiah.
Oil rebounds after ceasefire talk wobble as OPEC+ cuts and tight inventories underpin prices
Written on May 8, 2026 at 12:26 am, by josephine
Oil seesawed as Iran ceasefire response reports surfaced; WTI below $90 then $93, Brent $95-$100.
Sterling Rises as US-Iran Deal Talk Pressures Dollar; Traders Weigh Fed-BoE Policy Divide
Written on May 8, 2026 at 12:23 am, by josephine
GBP/USD climbed as US-Iran peace deal hopes pressured dollar; technicals favored upside toward 1.3700.
Daly sees steady inflation expectations as Fed holds rates and markets reprice easing bets
Written on May 7, 2026 at 11:55 pm, by josephine
Daly says inflation expectations stable, wage gains align with 2% goal; Fed holds rates, watches Iran conflict.
