Monthly Archives: May 2026
EIA crude stocks fall 3.3m barrels, missing forecasts as OPEC+ decision looms
Written on May 29, 2026 at 12:00 am, by josephine
EIA data showed crude stocks fell 3.327 million barrels, undershooting forecasts, hinting weaker demand amid OPEC+ uncertainty.
Gold rebounds as dollar retreats and US-Iran truce talks offset yields and firm Fed stance
Written on May 28, 2026 at 11:57 pm, by josephine
Gold rebounded as the dollar eased on softer inflation and US-Iran truce extension hopes; upside limited.
US four-week bill yield edges up to 3.63% as markets pare back Fed cut expectations
Written on May 28, 2026 at 11:54 pm, by josephine
Treasury four-week bill yield rose to 3.63%, signaling firmer front-end rates, fewer Fed cuts, boosting dollar.
Sterling edges higher as US-Iran ceasefire talks buoy risk mood, dollar pressured by soft data
Written on May 28, 2026 at 10:57 pm, by josephine
Sterling rebounded as US-Iran ceasefire talks weakened dollar; mixed US data and UK politics capped gains.
UOB Sees Thai Helps Thai Plus Buffering 2H2026 Growth, Keeps 2026 GDP View at 1.5%
Written on May 28, 2026 at 10:54 pm, by josephine
UOB sees Thai Helps Thai Plus cushioning 2H2026 growth, but keeps 2026 GDP forecast unchanged at 1.5%.
Iran–US conflict and Hormuz export closures buoy oil as underinvestment tightens longer-term supply
Written on May 28, 2026 at 10:27 pm, by josephine
Iran–US tensions and low inventories lift oil; Hormuz closures tighten supply as underinvestment signals longer-term constraints.
EIA Reports Slower US Gas Storage Build as Output Caps Henry Hub Below $3.00/MMBtu
Written on May 28, 2026 at 10:24 pm, by josephine
EIA reports 92 Bcf gas storage build; inventories 22% above average, capping prices despite rising LNG, heat.
ABN AMRO Sees One Last BoE ‘Insurance’ Hike, Then Extended Hold with Cuts from 2026
Written on May 28, 2026 at 9:57 pm, by josephine
ABN AMRO sees one final BoE “insurance” hike, then prolonged pause; rate cuts likely delayed until late-2026.
Dollar Slides, Stocks Rebound as US-Iran Ceasefire Extension and Nuclear Talks Plan Emerges
Written on May 28, 2026 at 9:54 pm, by josephine
Report: US-Iran 60-day ceasefire extension MOU sparks USD drop; oil bearish, volatility lower; equities bullish.
Musalem warns inflation still elevated, questions AI productivity offset as markets reprice for higher rates
Written on May 28, 2026 at 9:27 pm, by josephine
Musalem warns inflation stays elevated; AI productivity uncertain; Fed higher-for-longer as markets reprice rates, volatility.