Monthly Archives: May 2026
Euro jumps on US-Iran de-escalation hopes as ECB cut bets cap longer-term upside
Written on May 6, 2026 at 3:26 pm, by josephine
Euro gained 0.8% near 1.1800 as Iran tensions eased; Eurozone prices rose; services PMI weak.
OCBC sees fragile US–Iran ceasefire driving divergent Asian FX, pressuring oil importers, supporting tech currencies
Written on May 6, 2026 at 3:23 pm, by josephine
OCBC sees mixed Asian FX: oil-linked currencies pressured; tech-linked TWD, KRW resilient amid fragile US–Iran truce.
AMD leads mixed AI earnings as investors watch whether Nasdaq-100 holds early gap-up gains
Written on May 6, 2026 at 2:56 pm, by josephine
AMD led AI earnings; SMCI missed revenue but guided higher; Navitas grew, as Nasdaq-100 gap-up risks fade.
WTI slumps towards $91 as US-Iran deal hopes curb Hormuz risk premium
Written on May 6, 2026 at 2:53 pm, by josephine
WTI slid nearly 9% to $91 as US-Iran talks eased Hormuz risk, despite inventory draws.
Copper rebounds above $13,000 as ceasefire calm offsets high LME stocks and supply risks
Written on May 6, 2026 at 2:26 pm, by josephine
Copper rebounded above $13,000 as ceasefire eased risk; high inventories capped gains; stronger demand needed.
US-Iran Deal Talks Lift Risk Appetite, Pressure Oil and Volatility as Hormuz Restrictions Ease
Written on May 6, 2026 at 2:23 pm, by josephine
US, Iran near deal easing Hormuz transit; enrichment moratorium, sanctions relief, funds release; markets risk-on, gold surges.
Silver jumps 5.4% to $76.78 as Gold/Silver ratio slides, industrial demand and dollar weakness underpin rally
Written on May 6, 2026 at 1:56 pm, by josephine
Silver climbs to $76.78, up 5.42% day-over-day; year-to-date gains 8%; gold/silver ratio dips.
RBA’s 4.35% Hold Keeps Aussie Dollar Top G10 Carry as Fed Cuts Widen Yield Gap
Written on May 6, 2026 at 1:53 pm, by josephine
RBA hiked 25 bps to 4.35%, likely pausing; Australian dollar’s high carry may support performance.
Rabobank sees BoE hike bets overdone as UK growth slows, labour slack lifts EUR/GBP
Written on May 6, 2026 at 1:26 pm, by josephine
Rabobank says markets overprice BoE hikes; expects one move as UK growth weakens, labour loosens.
Eurozone PPI Upside Bolsters Hawkish ECB Bets, Lifts Bund Yields and Supports the Euro
Written on May 6, 2026 at 1:23 pm, by josephine
Eurozone March producer prices rose 3.4% month-on-month, slightly above the 3.3% forecast, indicating faster inflation.
