Monthly Archives: May 2026
Oil slips despite Hormuz flare-up as traders focus on demand risks and rising option volatility
Written on May 8, 2026 at 4:53 pm, by josephine
US, Iranian media report activity near Hormuz; alleged US airstrikes, explosion in Sirik; oil falls.
Gold steadies below two-week high as mixed US payrolls and oil risks shape outlook
Written on May 8, 2026 at 4:31 pm, by josephine
Gold slipped to $4,726 after mixed US jobs; weaker dollar supported, but higher rates capped momentum.
PBoC extends 18-month gold buying streak with April top-up as central bank demand stays firm
Written on May 8, 2026 at 4:28 pm, by josephine
PBoC boosted gold reserves in April, adding 8.1 tonnes and extending its buying streak to 18 months.
GBP/JPY edges higher as weak yen, high oil and yield gap support carry trade
Written on May 8, 2026 at 4:25 pm, by josephine
GBP/JPY climbed to 213.31 as weak Yen, high oil prices, and rate gaps supported gains.
TD Securities Sees April US CPI Accelerating, While Markets Brace for Higher-for-Longer Fed Rates
Written on May 8, 2026 at 4:23 pm, by josephine
TD Securities forecasts April US CPI rising: core 0.38% m/m (2.8% y/y); headline 0.56% (3.7%).
US jobs cool as inflation stays sticky, leaving Federal Reserve outlook uncertain and volatility trades favoured
Written on May 8, 2026 at 3:26 pm, by josephine
April US payrolls beat forecasts at 115K; unemployment stayed 4.3%, participation dipped, wages rose 3.6%. Dollar fell.
Canada jobless rate climbs to 6.9% as employment falls, weighing on the Canadian Dollar
Written on May 8, 2026 at 3:23 pm, by josephine
Canada’s unemployment rose to 6.9% in April; jobs fell 17.7K, wages cooled; USD/CAD stayed firm.
Sterling Rallies as Risk Appetite Holds, Markets Eye US Payrolls and Bank of England Signals
Written on May 8, 2026 at 2:27 pm, by josephine
Sterling gained in Europe as risk appetite improved on US–Iran ceasefire hopes, ahead of key US jobs data.
Trade Deficit Drive Weighs on Dollar as Steady Jobs Data Keeps Currency Range-Bound
Written on May 8, 2026 at 2:23 pm, by josephine
Narrowing US trade deficit may reduce dollar recycling into securities, weighing on USD; jobs and sentiment awaited.
Gold edges up as China extends central bank buying streak amid Middle East tensions
Written on May 8, 2026 at 2:02 pm, by josephine
Gold edges higher on safe-haven demand; China’s central bank logs 18th straight month of purchases.
