Monthly Archives: May 2026
Canada’s tariff edge narrows ahead of USMCA review, raising hedging demand for loonie and equities
Written on May 7, 2026 at 8:23 pm, by josephine
NBC says Canada’s tariff edge is shrinking; manufacturing is vulnerable, and averages hide provincial and industry risks.
Mixed Eurozone data and UK election fallout raise fiscal risk, pressuring bonds and EUR/USD
Written on May 7, 2026 at 6:56 pm, by josephine
Euro area retail slipped; EU rose. Construction PMI hit 41.7. UK election losses raised fiscal risks, impacting bonds, EUR/USD.
EUR/GBP steadies near 0.8640 as UK election risks and Middle East headlines cap the Pound
Written on May 7, 2026 at 6:53 pm, by josephine
EUR/GBP holds near 0.8641 as UK election uncertainty and Middle East headlines shape Sterling and Euro outlook.
Whirlpool shares plunge 20% on earnings miss, guidance cut and dividend suspension amid housing and cost strains
Written on May 7, 2026 at 6:27 pm, by josephine
Whirlpool shares plunged 20% after earnings miss; loss widened, guidance cut, dividend suspended amid geopolitical, housing, inflation pressures.
Hormuz blockade tightens oil supply, Brent near $100 with $150 risk and stagflation fears
Written on May 7, 2026 at 6:23 pm, by josephine
Hormuz disruption cuts 9–10 mbpd; Brent nears $100, could hit $150, fueling inflation, stagflation, gold pressure.
US Unit Labour Costs Slow to 2.3%, Bolstering Dovish Fed Bets and Supporting Equities
Written on May 7, 2026 at 5:26 pm, by josephine
US unit labour costs rose 2.3% annualized in Q1, down from 4.4%, indicating easing labor cost pressures.
US Continuing Jobless Claims Miss Forecast, Underpinning ‘Higher for Longer’ Fed Rate Outlook
Written on May 7, 2026 at 5:23 pm, by josephine
US continuing jobless claims fell to 1.766 million, under 1.8 million forecast, indicating fewer recipients than expected.
US four-week jobless claims average falls, reinforcing higher-for-longer Fed stance and delaying cuts
Written on May 7, 2026 at 4:55 pm, by josephine
US four-week average initial jobless claims dropped to 203.25K ending May 1, from 207.5K previously.
US jobless claims fall to 200,000, Fed cut odds ease as ‘higher for longer’ view builds
Written on May 7, 2026 at 4:53 pm, by josephine
US initial jobless claims totaled 200,000 in week ending May 1, beating forecasts by 5,000 overall.
Sterling Tests 1.2500 as Elections Raise Fiscal Credibility Doubts and Spur Downside Hedging
Written on May 7, 2026 at 4:26 pm, by josephine
GBP/USD climbs as UK elections test Starmer; Labour weak, Greens surge fears, fiscal credibility pressures Pound outlook.
