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28

May 2026
Korean won pares losses as hawkish Bank of Korea steadies rates, USD/KRW slips from 1,510

USD/KRW eased toward 1,500 as BoK held rates, turned hawkish, boosting growth and inflation forecasts.

28

May 2026
US Q1 GDP revised down to 1.6%, weighing on dollar and reinforcing Fed rate-cut expectations

BEA revised Q1 US GDP growth down to 1.6%, weakening dollar and boosting gold, bonds expectations.

28

May 2026
South Africa’s Reserve Bank Holds Rates at 7% as Inflation Persists and Growth Falters

SARB held benchmark rate at 7%, balancing stubborn inflation, weak growth, and external risks; rand volatility expected ease.

28

May 2026
Russia’s central bank reserves fall $15.1bn to $753.8bn, raising rouble volatility and rate-hike bets

Russia’s reserves fell $15.1bn to $753.8bn, raising ruble volatility fears and rate-hike expectations, pressuring equities.

28

May 2026
Koruna Under Pressure as Central European Rate-Hike Bets Fade; Focus Shifts to Polish Inflation

Softer CEE rate outlook weakens koruna; Hungary reprices easing, Poland inflation rises; favor EUR/CZK up and PLN outperformance.

28

May 2026
US PCE inflation rises to 3.8% as April data fuels higher-for-longer Fed outlook

April PCE inflation re-accelerated to 3.8% y/y, boosting “higher-for-longer” fears, volatility, and dollar-supporting rate-hike odds.

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