Monthly Archives: May 2026
UK M4 money supply grew 4.3% year-on-year in March, accelerating from the prior 3.6%
Written on May 1, 2026 at 2:26 pm, by josephine
UK M4 money supply rose 4.3% year-on-year in March, up from 3.6% previously.
UK individuals borrowed £8B month-on-month, surpassing forecasts of £5.9B, in March figures
Written on May 1, 2026 at 2:23 pm, by josephine
UK net lending to individuals climbed to £8bn in March, beating forecasts of £5.9bn by £2.1bn.
UK M4 money supply increased 0.8% month-on-month, exceeding the 0.5% forecast, according to released data
Written on May 1, 2026 at 1:55 pm, by josephine
UK M4 money supply climbed 0.8% in March, beating the 0.5% forecast by 0.3 percentage points.
In March, UK mortgage approvals reached 63.53K, surpassing forecasts of 60K from analysts and expectations
Written on May 1, 2026 at 1:52 pm, by josephine
UK mortgage approvals rose to 63.53K in March, beating the 60K forecast and signalling stronger lending activity.
Amid inflation fears, gold falls below $4,600 in early European trade as hawkish bets grow
Written on May 1, 2026 at 1:25 pm, by josephine
Gold slid below $4,600 as hawkish Fed and Middle East tensions lifted dollar, pressuring prices.
Overnight, Wall Street hits record closes; Dow, S&P and Nasdaq futures edge higher in European trading
Written on May 1, 2026 at 1:22 pm, by josephine
US stock futures edged higher in Europe after record Wall Street closes, with oil, earnings, and US–Iran tensions watched.
On intervention reports, the Japanese Yen rallies as US-Iran tensions stay elevated, traders monitoring developments
Written on May 1, 2026 at 12:55 pm, by josephine
Volatile markets as yen intervention suspected; Hormuz tensions rise; ECB, BoE steady; US PMI awaited; dollar weak.
Bundesbank President Joachim Nagel says ECB’s baseline outlook already implies tighter monetary policy during European trading session
Written on May 1, 2026 at 12:52 pm, by josephine
Bundesbank’s Nagel said tighter ECB policy is baseline; June action possible if outlook doesn’t improve markedly.
During early European hours, EUR/JPY trades near 183.00, extending a second day of losses, bearish bias prevailing
Written on May 1, 2026 at 12:25 pm, by josephine
EUR/JPY slipped near 183.00, staying below key EMAs; RSI signals downside, with support at 181.87.
Müller says the ECB is increasingly likely to require interest-rate rises to curb inflationary pressures across Europe
Written on May 1, 2026 at 12:22 pm, by josephine
ECB’s Madis Müller says rate hikes increasingly likely as high energy prices persist; EUR/USD ticks higher.