Monthly Archives: May 2026
Societe Generale expects Bank Rate to stay at 3.75% until 2026, after 8–1 MPC vote, unless US-Iran conflict drives hikes
Written on May 4, 2026 at 2:27 pm, by josephine
BoE holds 3.75% rate; economists see stability through 2026, but conflict-driven energy spikes could prompt rises.
UOB strategists expect the ECB to maintain policy, delivering one 25-basis-point rate rise in June
Written on May 4, 2026 at 2:23 pm, by josephine
UOB sees ECB mostly steady, one June hike; inflation peaks 2026, energy risks, conflict modest growth hit.
Risk-averse mood strengthens the US Dollar, pushing AUD/USD below 0.7227, near 0.7200 in Europe
Written on May 4, 2026 at 1:25 pm, by josephine
AUD/USD eased near 0.7200 as safe-haven USD rose; markets await RBA decision amid inflation and Hormuz tensions.
May saw Eurozone investor morale improve slightly, as Sentix Investor Confidence rose to -16.4 from -19.2
Written on May 4, 2026 at 1:23 pm, by josephine
Eurozone Sentix confidence improved in May, but Germany weakened; EUR/USD stayed near 1.1720, unchanged.
OCBC strategists say gold consolidates after rebounding from 4510, as elevated oil prices cloud Fed-inflation outlook
Written on May 4, 2026 at 12:59 pm, by josephine
Gold consolidates after rebounding from 4510; oil-driven inflation and Fed expectations steer momentum between key support/resistance.
Morgan Stanley and Goldman Sachs foresee $1.1 trillion AI spending by 2027, intensifying competition across markets
Written on May 4, 2026 at 12:56 pm, by josephine
AI infrastructure spending could hit $1.1T by 2027 as hyperscalers’ capex surges, boosting chips, debt markets.
During Asian hours, USD/INR trades near 95.00 for a second day as the Dollar strengthens
Written on May 4, 2026 at 12:53 pm, by josephine
USD/INR near 95.00 as dollar rebounds; Iran-Hormuz tensions, $100 oil, outflows support upside; key levels monitored.
Rising inflation fears leave gold exposed, slipping in Europe towards $4,580, nearing Friday’s swing low again
Written on May 4, 2026 at 12:23 pm, by josephine
Gold slips near $4,580 as Iran tensions and inflation fears support dollar, rates, hurting non-yielding demand.
Commerzbank’s Michael Pfister says the SNB lacks sustainable options to weaken CHF against USD and peers
Written on May 4, 2026 at 11:56 am, by josephine
Commerzbank argues SNB lacks durable tools to weaken franc; only massive interventions risk reserves and US backlash.
Bearish sentiment drags XAG/USD towards $74.00, with support potentially tested near the four-month low at $61.01
Written on May 4, 2026 at 11:53 am, by josephine
Silver dips to $74.30; descending channel, bearish bias persists below key EMAs; support $61, $47; resistance $79.
