Monthly Archives: May 2026
Euro steadies above 1.1600 as Iran tensions lift oil and underpin dollar demand
Written on May 28, 2026 at 12:24 pm, by josephine
EUR/USD rebounded above 1.1600, but geopolitical tensions lifted oil, boosted dollar demand, and kept euro constrained.
Stournaras Signals Likely June ECB Rate Rise as Euro Holds Steady Amid Inflation Concerns
Written on May 28, 2026 at 11:28 am, by josephine
Stournaras signals likely June ECB rate hike to curb inflation; euro steady, volatility rising, traders adjust.
Gold rebounds from two-month low as stronger dollar and hawkish Fed expectations cap gains
Written on May 28, 2026 at 11:24 am, by josephine
Gold rebounds slightly, but strong dollar and hawkish Fed keep bullion pressured; traders eye volatility.
Global equities retreat as US strikes and Iran sanctions spur risk-off mood, lifting oil and yields
Written on May 28, 2026 at 10:57 am, by josephine
Global stocks fell after US strikes and sanctions on Iran, dragging futures, Asia, oil higher, yields.
Italy Business Confidence Beats Forecast, Lifting FTSE MIB Outlook and Narrowing BTP-Bund Spread
Written on May 28, 2026 at 10:54 am, by josephine
Italy’s business confidence beats forecasts, lifting equities and euro outlook while tightening BTP-Bund spreads expectations.
Italy business confidence rises to 87.9 in May, topping forecasts and backing tactical risk-on trades
Written on May 28, 2026 at 10:24 am, by josephine
Italy business confidence beat forecasts in May, boosting FTSE MIB, euro optimism, while risks remain.
USD/JPY climbs for a second day as rate differential supports cautious push towards 160
Written on May 28, 2026 at 9:57 am, by josephine
USD/JPY extends gains to 159.51; upside toward 159.70 possible, 159.95 doubtful; support 159.35/159.00; intervention risk near 160.
Spain’s April retail sales growth slows sharply, fuelling concerns over consumer demand and ECB cuts
Written on May 28, 2026 at 9:54 am, by josephine
Spain’s retail sales growth slowed sharply in April, signaling weakening demand, rising risks, and bearish market positioning.
NZD/USD slides as US-Iran strikes boost dollar; RBNZ hold keeps rate-hike outlook in focus
Written on May 28, 2026 at 9:28 am, by josephine
NZD/USD fell to 0.5885 as US-Iran strikes sparked risk-off, despite RBNZ hold and hawkish hikes outlook.
Global equities set to slip as oil and yields rise on renewed US-Iran tensions
Written on May 28, 2026 at 9:24 am, by josephine
Global equities dip as US-Iran tensions lift oil and yields, sparking profit-taking in momentum tech stocks.