Monthly Archives: May 2026
Commerzbank’s Lambrecht says oil-driven inflation fears and China demand steer gold, now below $4,550
Written on May 5, 2026 at 9:53 pm, by josephine
Gold slid to one-month low as rising oil and strong US data fueled higher rate expectations.
GBP/JPY climbs as oil weakens the yen, while BoE-BoJ rate divergence sustains bullish momentum
Written on May 5, 2026 at 9:26 pm, by josephine
GBP/JPY climbed as yen weakness persisted; oil and Middle East tensions revived, widening BoE-BoJ rate divergence.
Rabobank’s Jane Foley says DXY hovers by key moving averages, as traders hesitate increasing long USD amid tensions
Written on May 5, 2026 at 9:23 pm, by josephine
Rabobank’s Foley says DXY faces moving-average resistance; Fed cuts may weaken dollar, limiting euro gains.
BLS reported US job vacancies fell to 6.866 million in March, from 6.922 million in February
Written on May 5, 2026 at 9:11 pm, by josephine
US job openings fell to 6.866 million in March; hires rose, separations steady, and dollar dipped.
France’s budget balance worsened to €-42.9B from €-32.12B, reflecting a larger deficit in March
Written on May 5, 2026 at 9:09 pm, by josephine
France’s budget deficit widened in March, with the balance falling to €-42.9bn from €-32.12bn previously.
AUD slipped as the RBA raised rates to 4.35% but suggested a data-led pause, limiting gains
Written on May 5, 2026 at 9:06 pm, by josephine
RBA hiked cash rate to 4.35%, signaled data-dependent pause; inflation risks elevated, growth downgraded, AUD slipped.
Scotiabank strategists observe USD/CAD remains bearish under resistance as softer USD supports a firmer CAD
Written on May 5, 2026 at 9:03 pm, by josephine
USD/CAD held range; CAD steadied as softer USD, bearish technicals point to 1.35 support.
US RealClearMarkets/TIPP monthly economic optimism beats forecasts, reaching 42.6 against expectations of 42 in May
Written on May 5, 2026 at 9:00 pm, by josephine
RealClearMarkets/TIPP Economic Optimism Index rose to 42.6 in May, staying below 50 and pessimistic.
In April, the US ISM Services PMI slipped to 53.6, undershooting forecasts amid softer services momentum
Written on May 5, 2026 at 8:58 pm, by josephine
US services PMI slipped to 53.6 in April; prices steady, jobs improved, new orders weakened; DXY muted.
US March new home sales exceeded expectations, reaching 0.682M against the forecast 0.668M on month-on-month basis
Written on May 5, 2026 at 8:56 pm, by josephine
US new home sales increased to 0.682 million in March, beating forecasts by 0.014 million month-on-month.
