Monthly Archives: May 2026
Amid Middle East tensions, safe-haven demand keeps the US Dollar steady near 98.40 ahead RBA, US data
Written on May 5, 2026 at 3:23 am, by josephine
Dollar index holds near 98.40 on Middle East tensions; major FX pairs dip; oil, gold rise.
Rising US Dollar amid US-Iran tensions drives silver down 3%, bearish engulfing forms, $70 watched
Written on May 5, 2026 at 2:56 am, by josephine
Silver fell over 3% as safe-haven USD surged on US-Iran tensions; technicals signal further downside risk.
UOB analysts say April inflation eased to 2.42% annually, within BI’s target, despite oil risks
Written on May 5, 2026 at 2:53 am, by josephine
Indonesia’s April inflation eased to 2.42%, below forecasts, within target; Bank Indonesia likely holds 4.75%.
Following an earnings beat, Tyson Foods’ shares tested prior resistance again, with EPS and revenue exceeding forecasts
Written on May 5, 2026 at 2:26 am, by josephine
Tyson beat earnings, shares rose near $66.25 resistance; breakout targets $72.83–$83.33, downside support $60.36-$53.85.
Nagel said an improving inflation outlook may justify June’s rate rise as Middle East conflict prolongs inflation risks
Written on May 5, 2026 at 2:23 am, by josephine
Bundesbank’s Nagel warned prolonged Middle East conflict could keep inflation high, backing possible June ECB rate hike.
DBS economist Ma Tieying lifts Taiwan’s 2026 GDP forecast to 9.4%, as AI exports bolster ICT demand
Written on May 5, 2026 at 1:56 am, by josephine
DBS raises Taiwan 2026 GDP forecast to 9.4% on AI exports; growth peaks early, risks persist.
New York Fed President John Williams expects 3% inflation this year, uncertain about Iran war economic effects
Written on May 5, 2026 at 1:53 am, by josephine
John Williams said Iran war impacts unclear; Fed well positioned. Inflation seen 3% in 2026, easing.
Renewed Middle East attacks and rising Federal Reserve hike expectations push the dollar higher, pressuring EUR/USD
Written on May 5, 2026 at 1:26 am, by josephine
Euro slips to 1.1690 as Middle East attacks lift dollar; oil risk premium keeps central banks hawkish.
Standard Chartered expects strong exports to boost April industry, despite softer services; oil raises PPI, energy CPI
Written on May 5, 2026 at 1:23 am, by josephine
China’s April PMI signals weakening domestic demand, housing softness; exports and AI-driven output support modest growth.
WTI oil jumps over 3% as Iran hits UAE, stoking Hormuz disruption fears and retaliatory expectations
Written on May 5, 2026 at 12:56 am, by josephine
WTI jumped 3% above $102 as Middle East tensions flared, Fujairah attacked, Hormuz shipping risks rose.
