Monthly Archives: May 2026
Sterling-dollar rises above 1.3600, near ten-week peak, as suspected Japanese yen support weakens dollar
Written on May 1, 2026 at 9:56 pm, by josephine
GBP/USD climbed near 1.3650 on Dollar weakness, while geopolitical risks and Fed/BoE guidance influenced rate expectations.
Following first-quarter results, Twilio shares surged 21%, as markets assessed its strongest three-year revenue growth
Written on May 1, 2026 at 9:53 pm, by josephine
Twilio shares surged 21% on strong Q1 earnings, upbeat guidance, and analysts raised targets; stock hit $179.48.
Australia’s S&P Global Manufacturing PMI rises from 51 to 51.3, indicating stronger factory activity
Written on May 1, 2026 at 9:25 pm, by josephine
Australia’s S&P Global Manufacturing PMI climbed to 51.3 in April, signaling continued growth above the 50 mark.
Middle East war updates lift gold from monthly lows, though prolonged higher interest rates limit upside gains
Written on May 1, 2026 at 9:23 pm, by josephine
Gold rebounds near $4,655 on Middle East headlines; higher oil lifts inflation fears, delaying Fed cuts.
Dallas Fed President Lorie Logan says guidance shouldn’t imply easing; the next move might be cut or hike
Written on May 1, 2026 at 8:53 pm, by josephine
Dallas Fed’s Lorie Logan urged no easing guidance, citing uncertainty; next rate move could be hike or cut.
In April, ISM reported US manufacturing PMI unchanged at 52.7, marginally under forecasts of 53.0
Written on May 1, 2026 at 8:26 pm, by josephine
April ISM manufacturing PMI held at 52.7; prices paid jumped, employment fell, new orders rose, DXY slid.
April saw the US ISM manufacturing new orders index rise from 53.5 to 54.1
Written on May 1, 2026 at 8:23 pm, by josephine
U.S. ISM Manufacturing New Orders Index increased to 54.1 in April, up from 53.5 previously.
In April, US ISM manufacturing PMI hit 52.7, coming in slightly below the 53 forecast
Written on May 1, 2026 at 7:59 pm, by josephine
ISM Manufacturing PMI hit 52.7 in April, below 53 forecast, signaling expansion continues but at slower pace.
BNY’s Bob Savage says suspected intervention strengthened yen; officials target 155–158, eyeing crude to curb weakness
Written on May 1, 2026 at 7:56 pm, by josephine
Suspected Japanese intervention spent $34.5bn, strengthening yen; focus shifts to USD/JPY 155–158 amid further action fears.
April saw the US S&P Global Manufacturing PMI reach 54.5, beating forecasts of 54
Written on May 1, 2026 at 7:53 pm, by josephine
U.S. S&P Global Manufacturing PMI rose to 54.5 in April, beating 54 forecast, signaling continued factory expansion.
