Monthly Archives: May 2026
OCBC strategists say Asian currencies weakened as rising oil prices sparked by Middle East tensions rattled markets
Written on May 6, 2026 at 12:23 am, by josephine
Asian currencies fell as Middle East tensions lifted oil prices, boosting inflation risks and strengthening US dollar.
EUR/USD strengthens as softer US data and lower gas costs reduce Treasury yields, pressuring the dollar
Written on May 5, 2026 at 11:56 pm, by josephine
Euro rises near 1.1700 as oil dips drag US yields; Middle East risks, ECB/Fed rate outlooks watched.
US equities rise above 49,000 as easing oil and upbeat Q1 results suggest profits lead market gains
Written on May 5, 2026 at 11:53 pm, by josephine
US stocks climbed as oil slid; earnings beat forecasts, Intel surged, jobs data mixed ahead of payrolls.
New Zealand’s GDT Price Index rose 1.5%, reversing the prior decline of 2.7%
Written on May 5, 2026 at 11:25 pm, by josephine
New Zealand’s GDT Price Index rose 1.5% in latest auction, reversing a 2.7% decline previously.
AUD/USD climbs towards 0.7190 as post-RBA rate hike momentum grows, while US Dollar weakens
Written on May 5, 2026 at 11:23 pm, by josephine
AUD/USD nears 0.7190 as RBA hikes to 4.35%; markets weigh data-dependent outlook and softer US indicators.
Sterling climbs 0.20% versus dollar as tenuous US-Iran truce boosts risk-taking, lowers oil and USD
Written on May 5, 2026 at 11:01 pm, by josephine
GBP/USD climbs to 1.3560 as ceasefire boosts risk sentiment, easing dollar; UK yields surge, rate expectations shift.
Standard Chartered says RBA held at 4.35%; Bullock softened hawkishness, yet H2 hike risk persists if growth stays strong
Written on May 5, 2026 at 10:59 pm, by josephine
Standard Chartered says RBA raised cash rate to 4.35%, flagged inflation upside risks; hikes possible later.
Amid Persian Gulf tensions, they say Europe’s TTF gas benchmark rose to its highest since April, underpricing risk
Written on May 5, 2026 at 10:56 pm, by josephine
TTF gas jumped on Persian Gulf tensions; April EU LNG imports eased, storage rose, markets underpricing disruptions.
Scotiabank strategists say EUR stays level against USD, as EUR/USD ranges amid inflation fears and hawkish ECB stance
Written on May 5, 2026 at 10:53 pm, by josephine
EUR/USD stayed range-bound as ECB hawkishness offset mixed sentiment, with technicals neutral and downside risks rebuilding.
Amid Middle East escalation, gold rises modestly, though persistent high-rate expectations restrain further gains and inflation fears
Written on May 5, 2026 at 9:55 pm, by josephine
Gold rebounds to $4,580, but higher rate expectations amid Middle East tensions cap gains; key levels hold.
