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12

May 2026
Bundesbank’s Nagel flags two near-term ECB rate rises as euro slips against stronger dollar

Bundesbank’s Nagel signals two ECB rate hikes; euro steady, June decisions data-driven amid inflation expectations watching.

12

May 2026
Wall Street records mask narrow chip-led rally as South Korea AI tax fears hit tech sentiment

US stocks hit record highs, led by semiconductors and energy, while Asia wobbled on Korea tax talk.

12

May 2026
Rupee slides to record low as Hormuz fears lift oil, dollar and spur foreign outflows

Indian rupee hits record low near 95.67 as Hormuz tensions lift dollar, oil risk, FII outflows.

12

May 2026
Italy’s March Industrial Output Surges, Fueling FTSE MIB Bullish Bets and Narrower BTP-Bund Spreads

Italy’s working-day-adjusted industrial output grew 1.5% year on year in March, rising from 0.5% previously.

12

May 2026
EUR/GBP edges up as UK political turmoil weighs on sterling, ECB hawkishness supports euro

EUR/GBP rises near 0.8665 as Pound weakens on UK political turmoil; ECB tightening bets support Euro.

12

May 2026
Dollar steadies as bond yields climb ahead of US CPI and Trump-Xi talks amid oil flare-up

Dollar index rises as markets await US CPI; yields climb on oil, Fed cuts fade; Trump-Xi talks loom.

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