Inflation

28 May 2026
Saudi gold prices slip as traders weigh Fed signals, inflation data and central bank demand

Saudi gold prices slipped Thursday; dip seen as correction amid strong fundamentals, central-bank buying, volatility signals.

28 May 2026
UAE gold prices ease as Fed pause bets and central bank demand underpin outlook

UAE gold fell Thursday: AED 516.18/gram, tola AED 6,020.59, amid Fed pause hopes and risks.

28 May 2026
Goolsbee warns productivity hype and oil shocks could force higher rates as dollar firms

Goolsbee warns supply and oil shocks, plus AI productivity hype, may fuel inflation, forcing higher rates.

28 May 2026
Sterling slips as US-Iran tensions lift dollar, softer UK data dims Bank of England outlook

Sterling nears 1.3400 as US-Iran tensions lift dollar; BoE hike bets fade; PCE inflation awaited.

28 May 2026
Australia Capital Spending Beats Forecasts, Bolstering RBA Higher-for-Longer Rate Outlook

Australia capex beats forecasts: +0.5% quarterly, +6.5% yearly, boosting AUD, equities; rates likely higher longer.

28 May 2026
Trump says Hormuz to stay open as US-Iran talks continue amid rising Gulf tensions

Trump signals no rush on Iran deal; Strait of Hormuz stays open; traders hedge with oil calls, S&P puts.

28 May 2026
Gold steady near $4,455 as US–Iran talks and core PCE data steer rate outlook

Gold steadied near $4,455 as US-Iran talks and PCE inflation data drive cautious, volatility-focused positioning.

28 May 2026
Dollar-yen nears 160 again as Japan’s intervention fades and yield gap sustains carry trade

Despite $60bn Japan intervention, USD/JPY rebounds near 159.5 as yield gap persists; 160 breakout risks response.

28 May 2026
Fed’s Cook backs steady rates, flags inflation upside risks and AI-led labour market uncertainty

Fed’s Cook urges steady rates; inflation risks persist; hikes possible, cuts if jobs weaken; volatility trades favored.

28 May 2026
Banxico trims 2026 growth view, holds rates steady as USD/MXN rebounds towards 17.50

Banxico slashed 2026 growth outlook, held rates, lifting USD/MXN; investors eye calls, carry, rising volatility.

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