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Live Updates

15

May 2026
Empire State manufacturing index beats forecasts, complicating Fed rate-cut outlook and lifting dollar bids

New York’s Empire State Manufacturing Index surged to 19.6 in May, easily beating forecasts of 7.5.

15

May 2026
TD Securities sees Fed holding rates through 2026, June projections turn hawkish amid oil-led inflation

TD Securities now sees no Fed cuts in 2026; June turns hawkish, easing bias removed, dollar soft.

15

May 2026
Dollar Index steadies near 105 as higher yields and options markets price policy uncertainty

Dollar Index climbed as Treasury yields hit new highs; retail sales steady; GDPNow upgraded; Brent oil rose.

15

May 2026
USD/CAD hits monthly highs as Fed hike bets lift dollar, BoC cut prospects weigh on loonie

USD/CAD hit monthly highs above 1.3750 as risk-off sentiment, rising yields, and Fed hike odds lifted dollar.

15

May 2026
Copper hits LME record as US tariff deadline nears, stockpiling tightens global supply

Copper hits record above $14,000/tonne as energy transition demand, looming US tariffs and tight supply support prices.

15

May 2026
Europe’s ‘global euro moment’ still unearned as fractured markets and savings drag on currency

Europe nears “global euro moment,” but fragmented capital markets and unused savings still constrain the euro’s role.

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