Monthly Archives: May 2026
US PPI jumps 1.4% in April, reigniting higher-for-longer rate fears and market volatility
Written on May 13, 2026 at 4:53 pm, by josephine
US producer prices jumped 1.4% in April, far above the 0.5% forecast, overshooting estimates by 0.9 points.
Euro steadies above 1.1700 as US inflation bolsters dollar; traders await Trump–Xi talks
Written on May 13, 2026 at 4:26 pm, by josephine
EUR/USD rose above 1.1700 as strong US CPI boosted dollar; traders awaited PPI and Trump–Xi talks.
Rising US inflation and Hormuz disruption cast doubt on Warsh’s early Fed cuts, lifting dollar
Written on May 13, 2026 at 4:23 pm, by josephine
Rising inflation and energy prices complicate early Fed rate cuts, supporting dollar as Hormuz risks persist.
Commerzbank warns hotter US inflation and Hormuz-linked energy costs may delay Kevin Warsh rate cuts
Written on May 13, 2026 at 3:53 pm, by josephine
Commerzbank warns stubborn inflation, higher energy prices may delay Warsh’s Fed rate cuts, supporting a stronger dollar.
Sterling slides towards 1.3500 as US inflation lifts Fed hike bets, UK GDP awaited
Written on May 13, 2026 at 3:26 pm, by josephine
GBP/USD slid near 1.3500 as firm dollar, hotter US CPI and Fed hike odds weighed; UK GDP awaited.
India hikes gold and silver import tariffs to 15% to rein in deficit and support rupee
Written on May 13, 2026 at 3:23 pm, by josephine
India raised gold and silver import tariffs to 15% from May 13, 2026, to curb imports.
Reuters poll shows economists eye June ECB rate rise, with further 2026 hikes increasingly priced
Written on May 13, 2026 at 2:01 pm, by josephine
Reuters poll: most economists expect ECB to raise deposit rate 25 bps to 2.25% in June.
Euro slips below 0.8650 versus sterling as soft Eurozone data weighs, outlook turns supportive
Written on May 13, 2026 at 1:58 pm, by josephine
Euro weakens versus sterling near 0.8650 after soft Eurozone GDP, production; UK politics tense, GDP awaited.
Rupee holds near record low as India hikes gold duties and oil, US inflation support dollar
Written on May 13, 2026 at 1:56 pm, by josephine
Rupee stays flat near record 95.70 as India hikes gold duties; oil, inflation strengthen dollar.
Silver eases after year-to-date surge as solar demand and Fed rate-cut bets support prices
Written on May 13, 2026 at 1:53 pm, by josephine
Silver slips to $86.28/oz; up 21% YTD as Gold/Silver ratio edges lower amid demand factors.
