Monthly Archives: May 2026
German April HCOB Composite PMI beats forecasts as contraction eases, bolstering DAX and euro options case
Written on May 6, 2026 at 11:26 am, by josephine
Germany’s HCOB Composite PMI rose to 48.4 in April, slightly above forecasts, still indicating contraction.
France’s April HCOB Composite PMI Holds at 47.6, Reinforcing Contraction and ECB Cut Bets
Written on May 6, 2026 at 11:23 am, by josephine
France’s HCOB Composite PMI matched forecasts at 47.6 in April, signalling continued contraction in private-sector activity.
France Services PMI Holds at 46.5, Reinforcing Contraction and Bolstering ECB Cut Expectations
Written on May 6, 2026 at 10:56 am, by josephine
France’s HCOB Services PMI held at 46.5 in April, meeting forecasts and signalling continued sector contraction.
RBA Hits 4.35% Peak as Oil Shock Fades, Markets Price Multiple Rate Cuts in 2026
Written on May 6, 2026 at 10:53 am, by josephine
RBA raises cash rate to 4.35%, calling policy restrictive; may pause to assess Iran war impacts.
Tech-led rally lifts S&P 500 and Nasdaq to record highs as chipmakers power gains
Written on May 6, 2026 at 10:26 am, by josephine
Tech-led rally lifts S&P 500 and Nasdaq to records; semiconductors surge; AMD jumps 16% after-hours.
Spain Services PMI Slumps to 47.9 in April, Raising Pressure on IBEX, Euro and Bonds
Written on May 6, 2026 at 10:23 am, by josephine
Spain’s HCOB services PMI fell to 47.9 in April, missing forecasts and signaling contraction in activity.
S&P 500 Climbs on AI and Iran Peace Hopes
Written on May 6, 2026 at 10:18 am, by josephine
SP500 rises as Iran peace hopes, AMD guidance and AI demand lift risk appetite.
High Oil And Strong Jobs Keep Fed Rate Cut Bets Under Pressure
Written on May 6, 2026 at 10:17 am, by josephine
Oil prices and US labour data are pulling markets into a tighter Fed pricing debate, with clear implications for the US dollar, gold, equities, and energy-linked assets.
EUR/PLN Holds Range as NBP Set to Stand Pat, with CPI Surprise Shaping Rate Expectations
Written on May 6, 2026 at 9:55 am, by josephine
EUR/PLN rebounds near 4.2100; range 4.2100–4.2600 as NBP holds 3.75% amid inflation concerns.
NZD/USD hits eight-week high as Iran tensions ease and rate outlook backs Kiwi
Written on May 6, 2026 at 9:53 am, by josephine
NZD/USD hits eight-week high as US-Iran war-ending hopes lift Kiwi; key resistance near 0.5965.
