Monthly Archives: May 2026
French PMI sinks to 2020 low as oil shock bites, fuelling recession and volatility fears
Written on May 21, 2026 at 1:17 pm, by josephine
French private-sector activity shrank in May; composite PMI hit 43.5 as oil prices, Iran war hammered demand.
Gold dips as hawkish Fed minutes prop up dollar, while US-Iran tensions underpin bullion
Written on May 21, 2026 at 12:47 pm, by josephine
Gold slips slightly as dollar stays strong on hawkish Fed minutes; traders price possible 2026 rate hike.
UK Composite PMI Slumps to 48.5, Fueling Sterling Sell-Off and BoE Rate-Cut Bets
Written on May 21, 2026 at 12:25 pm, by josephine
UK S&P Global Composite PMI fell to 48.5 in May, missing forecasts, signalling contraction in private sector activity.
Dollar index dips as US-Iran deal hopes weigh; Treasury yields steady, traders await May PMI
Written on May 21, 2026 at 12:23 pm, by josephine
DXY slips near 99.10 on US-Iran deal hopes; oil, yields ease; PMI awaited; supports/resistance noted.
Global aluminium output slips in April as Gulf conflict curbs supply and lifts price outlook
Written on May 21, 2026 at 12:20 pm, by josephine
Global primary aluminium output fell in April; China dipped slightly, Gulf output plunged amid Iran conflict disruptions.
Wall Street futures slip as US-Iran tensions and hawkish Fed minutes curb risk appetite
Written on May 21, 2026 at 12:17 pm, by josephine
Dow and S&P futures dip as Fed minutes hint hikes; US-Iran tensions weigh, tech earnings spotlight.
Eurozone Composite PMI Slides to 47.5 as Activity Contracts, Keeping ECB Easing in Focus
Written on May 21, 2026 at 11:19 am, by josephine
Eurozone PMI worsens: composite 47.5, services slump; manufacturing stays expansionary. EUR/USD rebounds; data suggest Q2 contraction.
Eurozone current account surplus rises to €24.1bn, underpinning euro as ECB stays hawkish
Written on May 21, 2026 at 11:17 am, by josephine
Eurozone current account balance rose to €24.1bn in March, up €3.0bn month-on-month from €21.1bn.
Eurozone current account surplus misses forecasts, fuelling euro downside risks and ECB cut bets
Written on May 21, 2026 at 10:19 am, by josephine
Eurozone current account balance fell to €14.9bn in March, missing €25.3bn forecast by €10.4bn.
Eurozone composite PMI miss deepens contraction, bolstering ECB cut bets and pressuring euro assets
Written on May 21, 2026 at 10:17 am, by josephine
HCOB Eurozone Composite PMI fell to 47.5 in May, missing forecasts and signaling continued eurozone business contraction.