Monthly Archives: May 2026
KOSPI hits record on tech surge before profit-taking rout as rate-hike fears weigh
Written on May 15, 2026 at 4:55 pm, by josephine
KOSPI hit record on tech rally, then reversed sharply as Samsung slumped; US futures fell on inflation.
India Raises Petrol and Diesel Prices as Crude Surge Adds to Inflation and RBI Rate Risks
Written on May 15, 2026 at 4:53 pm, by josephine
India raised petrol and diesel prices by about INR 3 per litre, risking higher inflation pressures nationwide.
Foreign Inflows to Canadian Securities Miss Forecast, Raising Loonie and TSX Hedging Questions
Written on May 15, 2026 at 4:31 pm, by josephine
Canada’s foreign portfolio investment hit $4.62bn in March, missing the $11.4bn forecast amid weaker buying.
Canadian overseas securities buying slumps to $3.9bn in March, lifting loonie outlook
Written on May 15, 2026 at 4:29 pm, by josephine
Canadian portfolio purchases of foreign securities plunged to $3.9bn in March from $25.36bn previously.
Empire State manufacturing index beats forecasts, complicating Fed rate-cut outlook and lifting dollar bids
Written on May 15, 2026 at 4:26 pm, by josephine
New York’s Empire State Manufacturing Index surged to 19.6 in May, easily beating forecasts of 7.5.
TD Securities sees Fed holding rates through 2026, June projections turn hawkish amid oil-led inflation
Written on May 15, 2026 at 4:23 pm, by josephine
TD Securities now sees no Fed cuts in 2026; June turns hawkish, easing bias removed, dollar soft.
Dollar Index steadies near 105 as higher yields and options markets price policy uncertainty
Written on May 15, 2026 at 3:31 pm, by josephine
Dollar Index climbed as Treasury yields hit new highs; retail sales steady; GDPNow upgraded; Brent oil rose.
USD/CAD hits monthly highs as Fed hike bets lift dollar, BoC cut prospects weigh on loonie
Written on May 15, 2026 at 3:28 pm, by josephine
USD/CAD hit monthly highs above 1.3750 as risk-off sentiment, rising yields, and Fed hike odds lifted dollar.
Copper hits LME record as US tariff deadline nears, stockpiling tightens global supply
Written on May 15, 2026 at 3:26 pm, by josephine
Copper hits record above $14,000/tonne as energy transition demand, looming US tariffs and tight supply support prices.
Europe’s ‘global euro moment’ still unearned as fractured markets and savings drag on currency
Written on May 15, 2026 at 3:23 pm, by josephine
Europe nears “global euro moment,” but fragmented capital markets and unused savings still constrain the euro’s role.