Monthly Archives: May 2026
Silver jumps above $80 as dollar slips, with payrolls data and Middle East tensions in focus
Written on May 8, 2026 at 1:53 pm, by josephine
Silver jumped to $80.85 as dollar weakened; traders awaited US NFP data amid Hormuz tensions, ceasefire.
Labour’s local election losses stoke Starmer resignation talk, raising EUR/GBP upside risks
Written on May 8, 2026 at 12:56 pm, by josephine
Labour suffers major UK local election losses; pending results pressure Starmer, weaken GBP, raising EUR/GBP and borrowing fears.
Gold rallies past $4,891 after weak US jobs report revives Fed cut bets, dollar slides
Written on May 8, 2026 at 12:53 pm, by josephine
Gold steadied below two-week highs as traders awaited NFP; Hormuz tensions and softer oil supported prices.
Brent crude whipsawed by Washington war signals as thin liquidity fuels $7bn suspicious trading surge
Written on May 8, 2026 at 12:26 pm, by josephine
Brent crude whipsawed on shifting US-Iran signals and thin liquidity, amid suspicious pre-announcement trading activity.
WTI slides as US-Iran ceasefire holds, strong dollar and rising inventories weigh on crude
Written on May 8, 2026 at 12:23 pm, by josephine
WTI drops 2.5% to $92.20 as US-Iran ceasefire holds; markets await NFP, key technical levels.
Dollar steadies against yen as Japan flags intervention readiness, with US payrolls in focus
Written on May 8, 2026 at 11:56 am, by josephine
Dollar dips versus yen; USD/JPY below 157 after suspected Japan intervention; markets await US nonfarm payrolls data.
US index futures rise as Middle East tensions ease; investors await weak US jobs report
Written on May 8, 2026 at 11:53 am, by josephine
US futures edged up as Middle East tensions eased; Dow, S&P, Nasdaq rose ahead jobs report.
Sterling Rises as Risk Appetite Improves, with Markets Eyeing US Payrolls and Rate Divergence
Written on May 8, 2026 at 11:31 am, by josephine
GBP/USD climbs as risk sentiment improves; Trump cites Iran ceasefire intact; investors await April US payrolls data.
Austria’s March output rise bolsters European recovery, complicating ECB cuts and lifting equity options appeal
Written on May 8, 2026 at 11:28 am, by josephine
Austria’s industrial production increased 1.7% year-on-year in March, accelerating from February’s 1.1% rise.
Dollar Steadies Ahead of US Jobs Data as Hormuz Tensions Revive Hedging Demand
Written on May 8, 2026 at 11:25 am, by josephine
Hormuz clashes lift geopolitical risk as traders await US jobs data; dollar steady, gold higher, majors mixed.