Monthly Archives: May 2026
In New Zealand, Labour Cost Index rose 0.5% quarterly, exceeding 0.4% forecasts in the first quarter
Written on May 6, 2026 at 3:53 am, by josephine
New Zealand’s Labour Cost Index rose 0.5% in Q1, beating forecasts and signalling faster wage growth.
GBP/USD stays near 1.3545 in a 60-pip range, as US Dollar factors outweigh muted UK cues
Written on May 6, 2026 at 3:26 am, by josephine
GBP/USD held near 1.3545; direction hinges on US dollar, risk sentiment, oil, and Friday NFP.
UOB economists say Philippine inflation hit a 37-month high, prompting BSP hawkishness and higher 2026 forecasts
Written on May 6, 2026 at 3:23 am, by josephine
Philippine inflation hit 37-month high; UOB lifts 2026 forecast to 7.5%, expects BSP hikes, warns 10%.
OCBC strategists expect USD/SGD to rebound after a relief dip, amid two-way trading and escalation upside risk
Written on May 6, 2026 at 2:56 am, by josephine
OCBC expects USD/SGD rebound; geopolitics and oil risks may drive volatility, with resistance 1.2850, support 1.2720.
With the US Dollar broadly supported, NZD/USD hovers near 0.5890, recovering modestly but lacking momentum
Written on May 6, 2026 at 2:53 am, by josephine
NZD/USD hovered near 0.5890, capped by resistance as safe-haven Dollar strength persisted amid Middle East tensions.
Following the RBA hike, AUD/USD rises 0.25%, stabilising near 0.7185 after 0.7150 support held
Written on May 6, 2026 at 2:30 am, by josephine
AUD/USD climbs to 0.7185 after RBA hike; traders await Australian, Chinese trade data and US payrolls.
US weekly API crude oil inventories fell 8.1 million barrels, exceeding forecasts for a 2.8 million drawdown
Written on May 6, 2026 at 2:28 am, by josephine
US weekly API crude inventories fell 8.1 million barrels to May 1, beating forecasts for 2.8 million drop.
UOB economists say Indonesia’s 1Q26 GDP rose 5.61% annually, underpinned by spending, consumption, investment constraints
Written on May 6, 2026 at 2:25 am, by josephine
Indonesia’s 1Q26 GDP rose 5.61%, beating forecasts, powered by spending; sustaining growth hinges on fiscal limits.
USD/CHF slips 0.12% in North America, encountering resistance near 0.7842–57 from 20/50/100-day SMAs
Written on May 6, 2026 at 2:23 am, by josephine
USD/CHF slides to 0.7830, rejected at SMA resistance; bearish bias persists, with key support near 0.7800.
Bhargava says Philippine inflation hit a three-year high, fuelled by food and fuel, risking BSP hikes, 2Q averaging above 8%
Written on May 6, 2026 at 1:25 am, by josephine
Philippine inflation surged to 7.2% in April; food and fuel pressures may force faster BSP tightening.
