Monthly Archives: May 2026
WTI crude approaches $100 as Trump promises to safeguard Hormuz shipping, lifting prices by around $3
Written on May 4, 2026 at 10:23 am, by josephine
WTI nears $100 as Trump pledges naval help; Iran keeps Hormuz shut, despite OPEC+ output hike.
Germany’s HCOB Manufacturing PMI reached 51.4 in April, slightly exceeding forecasts of 51.2
Written on May 4, 2026 at 10:04 am, by josephine
Germany’s April HCOB Manufacturing PMI rose to 51.4, slightly beating forecasts of 51.2.
Turkey’s April monthly Consumer Price Index rose 4.18%, exceeding forecasts of 3.28% by economists
Written on May 4, 2026 at 10:02 am, by josephine
Turkey’s consumer price index rose 4.18% month-on-month in April, exceeding the 3.28% forecast by 0.90 points.
MUFG’s Wan says Japan likely intervened, spending ¥5–6 trillion, pushing USD/JPY from 160 towards 157
Written on May 4, 2026 at 9:59 am, by josephine
USD/JPY slid below 157 on suspected Japan intervention; ¥5–6tn spent; outlook hinges on Fed, BoJ hikes.
Ahead of Europe’s open, USD/JPY recovers near 156.80 after an abrupt fall to 155.70 on possible yen intervention
Written on May 4, 2026 at 9:56 am, by josephine
Dollar rebounds versus yen after sudden, triggerless dip; intervention speculation grows as markets eye Middle East and US data.
UOB strategists say Brent suffered its steepest monthly fall since December 2025, despite Hormuz worries lifting prices above $126/bbl
Written on May 4, 2026 at 9:53 am, by josephine
Brent crude logged its biggest monthly drop since December 2025, despite Hormuz fears boosting prices briefly.
Oil Holds Above $102 As Hormuz Risk Deepens
Written on May 4, 2026 at 9:20 am, by josephine
WTI holds above $102 as Project Freedom, Iran warnings and tanker risk keep supply fears alive. | VT Markets
In April, Sweden’s manufacturing PMI increased to 57.2, up from 56.3 previously
Written on May 4, 2026 at 8:56 am, by josephine
Sweden’s manufacturing PMI rose to 57.2 in April, up from 56.3 in March’s reading.
Danske reports last week’s equities rose on tech earnings, despite Iran tensions, dearer oil, and higher yields
Written on May 4, 2026 at 8:53 am, by josephine
Equities rose on strong earnings despite Middle East tensions, while bond yields climbed, reviving equities-bonds negative correlation.
FXStreet data indicates gold prices in Pakistan declined, with gold falling according to compiled market figures
Written on May 4, 2026 at 8:23 am, by josephine
Gold prices in Pakistan slipped Monday: per gram and tola rates fell, following global cues and currency conversion.
