Monthly Archives: May 2026
South Korea’s FX reserves rise to $427.88bn, bolstering won defence and easing volatility
Written on May 7, 2026 at 2:01 am, by josephine
South Korea’s foreign exchange reserves rose to $427.88bn in April, up $4.22bn from March’s $423.66bn.
Societe Generale flags weakening Indonesian fiscal outlook, keeping bearish rupiah view amid external deficit pressures
Written on May 7, 2026 at 1:59 am, by josephine
SocGen warns Indonesia’s early-2026 front-loaded spending weakens fiscal balance, raising funding needs; remains bearish rupiah.
Dollar Index drifts towards 98 as US-Iran deal hopes curb oil fears, jobs data limits losses
Written on May 7, 2026 at 1:57 am, by josephine
Dollar index nears 98; strong ADP limits losses as US-Iran deal hopes lift risk, pressure oil, boost gold.
Philippines inflation spike revives BSP tightening bets as Middle East supply risks loom over peso
Written on May 7, 2026 at 1:55 am, by josephine
Philippines faces Middle East supply shocks, driving inflation and peso risks; BSP may hike despite weak growth.
Gold jumps towards $4,700 as dollar and yields retreat while Fed stays hawkish amid tensions
Written on May 7, 2026 at 1:53 am, by josephine
Gold jumps 3% as dollar, yields fall; Iran-US talks ease oil, Fed holds rates, key levels.
BNY iFlow Carry indicator dips as investors trim high-yield EM currencies amid rate-cut hints
Written on May 7, 2026 at 1:26 am, by josephine
BNY’s iFlow Carry briefly turned negative as high-yield currencies sold broadly, sparking emerging-market carry profit-taking fears.
Dollar rebounds against yen as intervention fears linger, with oil risks and rate gaps in focus
Written on May 7, 2026 at 1:23 am, by josephine
USD/JPY rebounded after suspected Japanese intervention, while dollar softened on US-Iran deal hopes; oil risks buoyed yen.
South Korea Inflation Hits 21-Month High, Fuel Caps Mute Pressure as BoK Turns More Hawkish
Written on May 7, 2026 at 1:03 am, by josephine
South Korea April inflation hit 2.6%, highest in 21 months; food fell, energy surged; rates may rise.
Goolsbee flags Fed debate on productivity’s inflation impact as markets brace for volatility spike
Written on May 7, 2026 at 12:59 am, by josephine
Chicago Fed’s Goolsbee says the Fed debates productivity effects on inflation, as expectations-driven spending could raise prices.
Trump’s China Visit Seen Extending Tariff Truce, Keeping Markets Range-Bound
Written on May 7, 2026 at 12:56 am, by josephine
Trump’s China visit aims to steady ties, extend tariff truce, and pursue limited, practical trade concessions.
