Monthly Archives: May 2026
Silver rebounds to $73.22, staying under $75, as bearish momentum persists and risk appetite improves
Written on May 6, 2026 at 1:23 am, by josephine
Silver rises 0.69% to $73.22 but stays under $75; bearish RSI, key supports near $70.
Gold climbs 1% after US-Iran ceasefire boosts risk appetite, rebounding from $4,500 lows to $4,560
Written on May 6, 2026 at 12:56 am, by josephine
Gold gains near $4,560 as yields slip; US–Iran tensions persist, Fed pause outlook supports bullion.
Radhika Rao of DBS reviews BJP’s West Bengal gains, Assam re-election, plus political changes in Tamil Nadu, Kerala
Written on May 6, 2026 at 12:53 am, by josephine
State elections shift political landscape; rising welfare spending widens deficits, pressuring markets and spotlighting infrastructure-linked sectors.
With oil easing, USD/CAD hovers near 1.3620, staying below 1.3700 as bears dominate trading
Written on May 6, 2026 at 12:26 am, by josephine
USD/CAD held rangebound as oil dipped and dollar firmed; traders await jobs data, technicals remain bearish.
OCBC strategists say Asian currencies weakened as rising oil prices sparked by Middle East tensions rattled markets
Written on May 6, 2026 at 12:23 am, by josephine
Asian currencies fell as Middle East tensions lifted oil prices, boosting inflation risks and strengthening US dollar.
EUR/USD strengthens as softer US data and lower gas costs reduce Treasury yields, pressuring the dollar
Written on May 5, 2026 at 11:56 pm, by josephine
Euro rises near 1.1700 as oil dips drag US yields; Middle East risks, ECB/Fed rate outlooks watched.
US equities rise above 49,000 as easing oil and upbeat Q1 results suggest profits lead market gains
Written on May 5, 2026 at 11:53 pm, by josephine
US stocks climbed as oil slid; earnings beat forecasts, Intel surged, jobs data mixed ahead of payrolls.
New Zealand’s GDT Price Index rose 1.5%, reversing the prior decline of 2.7%
Written on May 5, 2026 at 11:25 pm, by josephine
New Zealand’s GDT Price Index rose 1.5% in latest auction, reversing a 2.7% decline previously.
AUD/USD climbs towards 0.7190 as post-RBA rate hike momentum grows, while US Dollar weakens
Written on May 5, 2026 at 11:23 pm, by josephine
AUD/USD nears 0.7190 as RBA hikes to 4.35%; markets weigh data-dependent outlook and softer US indicators.
Sterling climbs 0.20% versus dollar as tenuous US-Iran truce boosts risk-taking, lowers oil and USD
Written on May 5, 2026 at 11:01 pm, by josephine
GBP/USD climbs to 1.3560 as ceasefire boosts risk sentiment, easing dollar; UK yields surge, rate expectations shift.
