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Monthly Archives: May 2026

Tech-led rally lifts S&P 500 and Nasdaq to record highs as chipmakers power gains

Written on May 6, 2026 at 10:26 am, by

Tech-led rally lifts S&P 500 and Nasdaq to records; semiconductors surge; AMD jumps 16% after-hours.

Spain Services PMI Slumps to 47.9 in April, Raising Pressure on IBEX, Euro and Bonds

Written on May 6, 2026 at 10:23 am, by

Spain’s HCOB services PMI fell to 47.9 in April, missing forecasts and signaling contraction in activity.

S&P 500 Climbs on AI and Iran Peace Hopes

Written on May 6, 2026 at 10:18 am, by

SP500 rises as Iran peace hopes, AMD guidance and AI demand lift risk appetite.

High Oil And Strong Jobs Keep Fed Rate Cut Bets Under Pressure

Written on May 6, 2026 at 10:17 am, by

Oil prices and US labour data are pulling markets into a tighter Fed pricing debate, with clear implications for the US dollar, gold, equities, and energy-linked assets.

EUR/PLN Holds Range as NBP Set to Stand Pat, with CPI Surprise Shaping Rate Expectations

Written on May 6, 2026 at 9:55 am, by

EUR/PLN rebounds near 4.2100; range 4.2100–4.2600 as NBP holds 3.75% amid inflation concerns.

NZD/USD hits eight-week high as Iran tensions ease and rate outlook backs Kiwi

Written on May 6, 2026 at 9:53 am, by

NZD/USD hits eight-week high as US-Iran war-ending hopes lift Kiwi; key resistance near 0.5965.

Gold climbs past $4,680 as softer dollar and Iran talks lift bullion sentiment

Written on May 6, 2026 at 9:25 am, by

Gold hits over one-week high above $4,680 as dollar weakens; oil falls; traders await key US jobs data.

US tech and semiconductors drive global equity gains as Europe lags, widening transatlantic gap

Written on May 6, 2026 at 9:23 am, by

Global equities rose, led by US tech and semiconductors; Asia advanced, Europe lagged, cyclicals gained too.

Iran conflict keeps EUR/USD range-bound as US jobs data takes back seat, Commerzbank says

Written on May 6, 2026 at 8:56 am, by

Middle East Iran conflict drives EUR/USD range; US jobs data secondary unless surprise payrolls or escalation shifts.

EUR/USD tops 1.1700 as US-Iran détente trims dollar demand and ECB hike bets firm

Written on May 6, 2026 at 8:53 am, by

EUR/USD climbed near 1.1730 as markets awaited US ADP jobs data and watched US-Iran, ECB signals.

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