Policy

20 May 2026
Philadelphia Fed’s Paulson favours steady rates, flags elevated inflation risks and potential hikes

Paulson favors holding rates; cuts require sustained inflation progress, stable jobs. Hikes possible if growth strengthens.

20 May 2026
USD/CHF eyes 0.7900 as bullish engulfing emerges; policy divergence lifts franc and options demand

USD/CHF surged 0.58%, reclaiming 50-day SMA; bulls target 0.7900, 200-day, 0.8000 as RSI strengthens.

20 May 2026
US Treasury yields climb as oil-led inflation fears lift term premia and challenge Fed cut outlook

Treasury yields surged as oil-driven inflation fears and deficit worries lift term premiums, delaying Fed cut expectations.

20 May 2026
China aluminium output hits record as inventories swell, boosting downside risks for prices

China’s aluminium output hits records, yet weak demand swells inventories; supply growth outpaces consumption despite higher exports.

20 May 2026
US Pending Home Sales Return to Growth as Lower Mortgage Rates Lift Housing Demand

US pending home sales increased 3.2% year-on-year in April, reversing March’s decline as signed contracts rose.

19 May 2026
Canada CPI undershoots forecast, fuelling June Bank of Canada rate-cut bets and weighing loonie

Canada’s Consumer Price Index rose 0.4% in April, missing forecasts of 0.6% and signalling slower inflation.

19 May 2026
Trump set to swear in Warsh as Fed chair as markets price late-year rate rise

Trump to swear in Kevin Warsh as Fed chair after Senate approval amid rising inflation concerns.

19 May 2026
US homebuilder sentiment edges up in May, adding complication to Fed rate-cut expectations

May’s NAHB Housing Market Index rose to 37, beating the 35 forecast, indicating improved homebuilder sentiment.

19 May 2026
USD/CHF holds near highs as Iran talks ease dollar demand and Fed-SNB gap supports upside

USD/CHF consolidates near two-week highs as risk sentiment improves; bullish wedge breakout holds, with resistance 0.7930.

18 May 2026
Lagarde strikes vigilant tone at G7 as bond sell-off and oil risks cloud euro outlook

Lagarde addressed global bond sell-off at G7; Dombrovskis urged Strait of Hormuz reopening; ECB policy recap.

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