Monthly Archives: May 2026
New Zealand services PMI rises in April but stays in contraction, complicating RBNZ rate-cut bets
Written on May 17, 2026 at 11:53 pm, by josephine
New Zealand’s services sector improved in April, but PSI stayed below 50, signaling ongoing contraction.
Wall Street narrows to AI-led tech as yields and dollar rise, stoking hedging demand
Written on May 17, 2026 at 10:23 pm, by josephine
S&P 500 slipped late as Nasdaq steadied; tech led amid narrow breadth, rising yields, and softer jobs.
Taiwan export orders seen robust as tech demand and TWD strength bolster growth outlook
Written on May 16, 2026 at 4:25 am, by josephine
Taiwan’s growth stays driven by tech export demand; orders rise strongly, though slowing, amid higher prices overall.
DBS Sees Singapore NODX Up 11.5% in April as AI-Driven Electronics Lift Exports
Written on May 16, 2026 at 4:23 am, by josephine
DBS forecasts Singapore April 2026 NODX up 11.5%, electronics-led AI demand; petrochemicals face Middle East risks.
Japan GDP Miss Deepens BoJ Policy Dilemma as Core Inflation Stays Elevated, Yen Weakness Persists
Written on May 16, 2026 at 3:55 am, by josephine
ING expects Japan’s Q1 GDP to grow 0.3%, while energy shocks raise inflation to 1.8% in April.
Dollar hits multi-week highs as robust US data backs Fed ‘higher for longer’ stance
Written on May 16, 2026 at 3:53 am, by josephine
Dollar index hits multi-week highs on strong US data; majors slip, oil steady, gold softer ahead.
Firm Dollar and higher US yields keep Asian currencies subdued as renminbi outperforms
Written on May 16, 2026 at 3:25 am, by josephine
Asian currencies weakened on firmer dollar and higher yields; renminbi outperformed amid optimistic US-China talks.
CFTC data show S&P 500 speculative net shorts deepen as inflation sticks and hike fears rise
Written on May 16, 2026 at 3:23 am, by josephine
CFTC data showed S&P 500 non-commercial net positions dropped to -143.8K from -103.9K, deepening shorts.
Speculators deepen Yen shorts as rate gap drives bearish bets, with intervention risk clouding outlook
Written on May 16, 2026 at 2:55 am, by josephine
CFTC data shows Japan yen non-commercial net positions fell to -75.1K from -61.7K, down 13.4K.
CFTC data shows gold speculative longs rise as inflation stays firm and dollar eases
Written on May 16, 2026 at 2:53 am, by josephine
CFTC data shows gold non-commercial net positions increased to 171.6K, up 8.3K from 163.3K.
