Monthly Archives: May 2026
Indian Gold ETFs Extend Inflow Streak as April Adds $297m, Underpinning Prices Near $4,400
Written on May 9, 2026 at 4:26 am, by josephine
Indian Gold ETFs saw 11th straight monthly inflow in April, jumping 68% to $297.2 million.
WTI slides on US-Iran deal hopes as Hormuz risks and rig count data steer sentiment
Written on May 9, 2026 at 4:23 am, by josephine
WTI slid to $92.47 amid Iran-US tensions, Hormuz focus, rising rigs, mixed jobs data, key support.
Guinea’s bauxite export cap tightens supply, underpinning LME aluminium as Hormuz relief seen as fleeting
Written on May 9, 2026 at 3:26 am, by josephine
Guinea plans bauxite export cap, tightening supply; aluminium relief from Hormuz reopening seen brief, prices rising.
Dollar index dips towards 97.90 as risk appetite improves; focus turns to US inflation data
Written on May 9, 2026 at 3:23 am, by josephine
DXY slipped near 97.90 as risk improved, yields fell, oil eased; markets await key May data.
Dollar index slides towards 97.90 as ceasefire hopes lift risk appetite ahead of US CPI
Written on May 9, 2026 at 2:53 am, by josephine
Dollar index dips to 97.90 as risk improves; ceasefire efforts persist; jobs beat, yields fall, key data awaited.
Semiconductor Index Rally Near Elliott Wave Target Zone as Exhaustion Signals Point to Correction
Written on May 9, 2026 at 2:25 am, by josephine
Semiconductor Index surged after 6.7% dip; Elliott Wave targets 12,110–12,300 near-term, then retrace toward 10,000.
Hungary Inflation Stays Sticky as Markets Price Possible Rate Rise and Forint Volatility in 2026
Written on May 9, 2026 at 2:23 am, by josephine
Hungary’s inflation rose in April; CPI hit 2.1% yearly, with steady rates expected through year-end.
IMD sees below-average monsoon as El Niño risk tests agriculture, while RBI set to hold rates
Written on May 9, 2026 at 2:02 am, by josephine
India forecasts 2026 monsoon 8% below average; El Niño, heatwaves threaten crops, prices; RBI likely holds rates.
USD/JPY drifts towards 156.60 as Middle East tensions lift yen and cap dollar rallies
Written on May 9, 2026 at 1:59 am, by josephine
USD/JPY dips near 156.60 as Yen demand rises on Middle East tensions; US data mixed.
Gold edges higher as softer dollar and easing yields offset robust US jobs, Middle East risks in focus
Written on May 9, 2026 at 1:56 am, by josephine
Gold climbed 0.75% near $4,711 as ceasefire hopes, softer dollar and yields offset strong jobs.