Monthly Archives: May 2026
OCBC strategists say Middle East tensions and higher oil prices worsen sentiment, increasing silver’s downside risk
Written on May 5, 2026 at 11:23 am, by josephine
Silver slipped after two gain sessions as Middle East tensions and higher oil weighed on sentiment.
Spain’s April unemployment fell by 62.668K, far exceeding forecasts of an 18.6K decline
Written on May 5, 2026 at 10:56 am, by josephine
Spain’s registered unemployment fell 62,668 in April, far exceeding forecasts of an 18.6K decline.
MUFG’s Michael Wan says capital outflows left the rupee exposed; RBI may lure dollar inflows via swaps, tax tweaks
Written on May 5, 2026 at 10:53 am, by josephine
India’s rupee faces heavy outflows; RBI weighs dollar inflow measures as MUFG sees USD/INR 95–96.
Switzerland’s annual consumer inflation rose to 0.6% in April, up from 0.3% previously
Written on May 5, 2026 at 10:26 am, by josephine
Switzerland’s CPI rose 0.6% year-on-year in April, accelerating from 0.3% previously, official data show.
Commerzbank says Japan likely intervened near 157, as energy-driven inflation rose while core CPI weakened
Written on May 5, 2026 at 10:23 am, by josephine
Commerzbank sees Japan intervening to cap USD/JPY near 157; softer core inflation may weaken yen.
At a press conference, RBA Governor Michele Bullock explains lifting rates 25 bps to 4.35% after May meeting
Written on May 5, 2026 at 9:56 am, by josephine
RBA lifted cash rate 25bp to 4.35%, citing inflation risks, oil shock, and monitoring evolving data.
During the early European session, GBP/USD slides near 1.3520, remaining bullish above key moving averages
Written on May 5, 2026 at 9:53 am, by josephine
GBP/USD dips near 1.3520 as Iran tensions boost dollar; BoE holds rates; key supports resilient.
FXStreet-compiled data shows Philippine gold prices increased, with the metal rising according to latest figures available
Written on May 5, 2026 at 9:26 am, by josephine
Philippine gold prices rose Tuesday, with FXStreet citing higher gram and tola rates amid global market drivers.
In March, Singapore’s monthly retail sales rebounded, climbing from -4.1% previously to 3.7%
Written on May 5, 2026 at 9:23 am, by josephine
Singapore retail sales rose 3.7% month-on-month in March, reversing February’s 4.1% decline, signalling improved conditions.
In March, Singapore’s annual retail sales growth slowed markedly, easing to 4.8% from 8.3%
Written on May 5, 2026 at 9:04 am, by josephine
Singapore retail sales growth slowed in March, with year-on-year sales rising 4.8%, down from 8.3% previously.