Monthly Archives: May 2026
Markets were shaken as USD/JPY reversed sharply, tumbling 2.25% and shedding roughly 500 pips within hours
Written on May 1, 2026 at 4:25 am, by josephine
USD/JPY tumbled 2.25% after a sharp 500-pip reversal, fueling suspected Japanese yen-buying intervention and volatility.
UOB’s Ho Woei Chen sees robust Taiwanese growth, export-led, domestic demand rising, with 2026 above 9%
Written on May 1, 2026 at 4:22 am, by josephine
Taiwan’s 1Q26 GDP surged 13.69%; 2026 growth seen above 9%, inflation 2%, rates steady.
AUD/USD climbs above 0.7200 as Japanese intervention weakens the dollar despite strong US data
Written on May 1, 2026 at 3:55 am, by josephine
AUD/USD tops 0.7200 as dollar slides on Japan intervention; US growth slows, Australia CPI fuels RBA hike bets.
Following an earnings beat, Apple shares dipped slightly as executives cited iPhone sales constrained by advanced-chip shortages
Written on May 1, 2026 at 3:52 am, by josephine
Apple beat forecasts; shares dipped after hours as chip shortages constrained iPhone sales; China strong; dividend, buyback.
In March, Mexico’s fiscal balance deteriorated to -110.1B pesos, down from -50.733B previously
Written on May 1, 2026 at 3:30 am, by josephine
Mexico’s March fiscal balance posted a 110.1 billion peso deficit, widening by 59.367 billion versus prior.
After Japanese yen intervention and softer first-quarter US growth, the US Dollar Index slid sharply near 98.10
Written on May 1, 2026 at 3:27 am, by josephine
DXY slid to 98.10 as weak US GDP and Japan intervention drove yen higher, lifting majors.
DBS economist Chua Han Teng expects Thailand’s central bank to hold 1.00% rates until 2026 amid stagflation shocks
Written on May 1, 2026 at 3:25 am, by josephine
DBS expects Thailand’s policy rate held at 1.00% through 2026 amid stagflation risks, inflation rising.
UOB economist says China’s manufacturing looks upbeat on AI exports, while domestic demand and services weaken
Written on May 1, 2026 at 3:22 am, by josephine
April PMI: manufacturing expanded on AI-driven exports, domestic demand softened; non-manufacturing contracted, price pressures contained overall.
GBP/USD rises 0.78% as traders anticipate BoE tightening, with bullish engulfing targeting 1.3600
Written on May 1, 2026 at 2:24 am, by josephine
GBP/USD gained 0.78% as markets anticipated more BoE tightening; bullish engulfing formed, eyeing 1.3600.
Standard Chartered analysts warn Romania’s political turmoil may weaken fiscal consolidation efforts and postpone essential reforms
Written on May 1, 2026 at 2:22 am, by josephine
Romania’s coalition collapse fuels uncertainty, risking delayed EU reforms, weaker fiscal consolidation, and rising Eurosceptic political pressure.
