Policy

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
PBoC sets firmer USD/CNY fixing, signalling tolerance for softer yuan as economic headwinds weigh

PBoC fixed USD/CNY firmer yet weaker than estimates, signaling tolerance for softer yuan; traders hedge volatility.

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
US five-year Treasury auction yield jumps to 4.182%, fuelling higher-for-longer rate outlook

Treasury 5-year auction yield jumps to 4.182%, signaling higher borrowing costs, inflation concerns, reduced Fed cut expectations.

28 May 2026
Canada’s rising jobless rate masks retirement-driven labour squeeze, complicating Bank of Canada rate-cut bets

Canada’s rising unemployment masks looming labor shortages from retirements and fewer young workers, pressuring wages, inflation.

28 May 2026
Dollar steadies near 99 as Middle East tensions and PCE data steer Fed rate outlook

Dollar steady near 99 as Middle East tensions and Fed hike bets focus attention on PCE data.

28 May 2026
Russia’s April industrial output beats forecasts, underpinning rouble carry appeal and steady commodity supply

Russia’s April industrial output rose 1.9%, beating forecasts, supporting ruble strength, steady commodities, and subdued equity volatility.

28 May 2026
Richmond Fed Factory Gauge Surges in May, Complicating Summer Rate-Cut Bets

Richmond Fed manufacturing index jumped to 13 in May, beating forecasts, challenging rate-cut hopes and shifting positioning.

28 May 2026
US Redbook hits 9% as consumer spending strengthens, keeping Federal Reserve wary on rate cuts

Redbook jumps to 9%, signaling resilient consumers, keeping Fed hawkish; consider retail calls, Treasury puts, VIX hedges.

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