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
PBOC sets weaker yuan fix, widening gap to estimates as traders position for depreciation

PBOC set USD/CNY central rate at 6.8415, slightly above prior fix, diverging from Reuters estimate.

15

May 2026
USD/JPY climbs above 158 as yield gap widens, reviving Japan intervention risk

USD/JPY climbs above 158.00, clears 20-day SMA; eyes 158.75 and 159-160 intervention zone, momentum strengthens.

14

May 2026
NOK/SEK extends rally as Norges Bank stays hawkish while Riksbank cuts, Rabobank targets 1.06

NOK/SEK up 11% YTD as hawkish Norges Bank and energy exports boost krone; Rabobank targets 1.02.

14

May 2026
China’s M2 Growth Tops Forecast, Reinforcing Liquidity Support and Lifting China Risk Assets

China’s M2 money supply grew 8.6% year-on-year in April, slightly above the 8.5% market forecast.

14

May 2026
Gold slips below $4,700 as PPI jump lifts Treasury yields and dollar, capping haven demand

Gold slips to $4,699 as US PPI surges, yields and dollar rise, Fed seen holding rates.

13

May 2026
GBP/JPY slips towards 213 as UK political turmoil weighs on sterling, oil keeps yen subdued

GBP/JPY slid again as UK political turmoil weakened sterling, while yen softness from oil tensions limited losses.

13

May 2026
TD Securities sees looser Australian Budget lifting deficit outlook, raising risk of further RBA tightening

TD Securities sees Australia’s 2026/27 Budget mildly stimulatory; upbeat Treasury forecasts may force further RBA tightening.

13

May 2026
Reuters poll shows economists eye June ECB rate rise, with further 2026 hikes increasingly priced

Reuters poll: most economists expect ECB to raise deposit rate 25 bps to 2.25% in June.

13

May 2026
IEA Sees 2026 Oil Supply Deficit as Hormuz Disruption Deepens, Despite Softer Demand Outlook

IEA warns 2026 oil supply could drop 3.9 million bpd as Hormuz disruptions tighten markets globally.

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