Monthly Archives: May 2026
Ahead of the RBA policy decision, AUD/USD hovers around 0.7190, with Middle East tensions capping gains
Written on May 4, 2026 at 10:23 pm, by josephine
AUD/USD hovers near 0.7190 pre-RBA decision; expected 25bp hike, fragile risk sentiment, key levels monitored.
Following suspected Japanese intervention, USD/JPY hovers near 157.00, recovering from an Asian-session dip to 155.71
Written on May 4, 2026 at 9:55 pm, by josephine
USD/JPY near 157 after dip; intervention chatter grows as Japan signals readiness amid dollar-supporting risks.
Societe Generale’s Kunal Kundu says India’s March IIP rose 4.1%, easing, as core sectors fell, power softened
Written on May 4, 2026 at 9:53 pm, by josephine
India’s March IIP grew 4.1%, core sector contracted; manufacturing rose, while disruptions may hit MSMEs later.
TD Securities economists expect the Federal Reserve to hold rates until September, tracking Iran conflict, inflation
Written on May 4, 2026 at 9:26 pm, by josephine
TD Securities expects Fed holds until September; Iran conflict, energy inflation, FOMC divisions may delay cuts.
Commerzbank’s Nguyen says suspected intervention lifted yen, yet markets doubt BoJ inflation resolve and durability of gains
Written on May 4, 2026 at 9:23 pm, by josephine
Unconfirmed intervention lifted yen, but durability depends on Iran war, energy risks, and Bank of Japan policy.
BNY’s Bob Savage says oil prices fluctuate as US Hormuz escorts ease fears, yet attacks resurge
Written on May 4, 2026 at 8:56 pm, by josephine
Oil prices swing on Hormuz attacks, US escorts, and OPEC+ plans to raise June 2026 output.
Societe Generale warns Starmer faces mounting local election risk; poor results may prompt delayed leadership challenge in September
Written on May 4, 2026 at 8:53 pm, by josephine
Societe Generale warns rising political risk as Starmer faces elections, leadership challenge rumors, reshuffle speculation, no successor.
USD/CAD climbs to 1.3617, gaining 0.22%, as Strait of Hormuz tensions bolster the US dollar
Written on May 4, 2026 at 8:26 pm, by josephine
USD/CAD climbed to 1.3617 as Hormuz tensions boosted the dollar; oil rose, jobs reports awaited Friday.
BNP Paribas economists see UK inflation sustaining BoE tightening, while growth halves by 2026 as quarterly gains fade
Written on May 4, 2026 at 8:23 pm, by josephine
BNP Paribas forecasts UK growth slowing in 2026, inflation rising, tighter policy, elevated gilts, steady yen/sterling.
US factory orders rose 1.5% month-on-month in March, exceeding forecasts of a 0.5% increase
Written on May 4, 2026 at 7:56 pm, by josephine
US factory orders climbed 1.5% in March, beating forecasts of a 0.5% month-on-month increase.
