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4

May 2026
Societe Generale says April confidence slumped, dimming eurozone outlook, with low indices, tightening credit, and demand subdued

Euro area confidence slid to multi-year lows; weak demand persists despite slight GDP growth and mixed outlook.

4

May 2026
In April, South Africa’s total new vehicle sales fell to 47,979 from the prior 58,060 figure

South Africa’s total new vehicle sales dropped to 47,979 in April, down from 58,060 previously.

4

May 2026
Commerzbank’s Volkmar Baur says traders expect another RBA hike as inflation stays elevated, rhetoric hawkish

RBA meets tomorrow; forecasts favour another 25bp hike as inflation stays high and expectations rise.

4

May 2026
An Iranian official said Iran warned a US warship in Hormuz; damage status remained uncertain, Reuters reported

Iran fired warning shot at US warship near Strait of Hormuz; dollar firmed on tensions.

4

May 2026
Heightened US-Iran tensions dampen sentiment as Sterling retraces gains, pushing GBP/USD below 1.3550 from 1.3650 highs

GBP retreats below 1.3550 as Middle East tensions boost safe-haven USD; Iran report lifts oil, risk aversion.

4

May 2026
Bob Savage says the ECB leans towards a June rate cut, unlike the BoE awaiting confirmation

ECB signals possible June rate change, while BoE waits; diverging Nordic outlooks sway European pricing.

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