Monthly Archives: May 2026
Standard Chartered says RBA held at 4.35%; Bullock softened hawkishness, yet H2 hike risk persists if growth stays strong
Written on May 5, 2026 at 10:59 pm, by josephine
Standard Chartered says RBA raised cash rate to 4.35%, flagged inflation upside risks; hikes possible later.
Amid Persian Gulf tensions, they say Europe’s TTF gas benchmark rose to its highest since April, underpricing risk
Written on May 5, 2026 at 10:56 pm, by josephine
TTF gas jumped on Persian Gulf tensions; April EU LNG imports eased, storage rose, markets underpricing disruptions.
Scotiabank strategists say EUR stays level against USD, as EUR/USD ranges amid inflation fears and hawkish ECB stance
Written on May 5, 2026 at 10:53 pm, by josephine
EUR/USD stayed range-bound as ECB hawkishness offset mixed sentiment, with technicals neutral and downside risks rebuilding.
Amid Middle East escalation, gold rises modestly, though persistent high-rate expectations restrain further gains and inflation fears
Written on May 5, 2026 at 9:55 pm, by josephine
Gold rebounds to $4,580, but higher rate expectations amid Middle East tensions cap gains; key levels hold.
Commerzbank’s Lambrecht says oil-driven inflation fears and China demand steer gold, now below $4,550
Written on May 5, 2026 at 9:53 pm, by josephine
Gold slid to one-month low as rising oil and strong US data fueled higher rate expectations.
GBP/JPY climbs as oil weakens the yen, while BoE-BoJ rate divergence sustains bullish momentum
Written on May 5, 2026 at 9:26 pm, by josephine
GBP/JPY climbed as yen weakness persisted; oil and Middle East tensions revived, widening BoE-BoJ rate divergence.
Rabobank’s Jane Foley says DXY hovers by key moving averages, as traders hesitate increasing long USD amid tensions
Written on May 5, 2026 at 9:23 pm, by josephine
Rabobank’s Foley says DXY faces moving-average resistance; Fed cuts may weaken dollar, limiting euro gains.
BLS reported US job vacancies fell to 6.866 million in March, from 6.922 million in February
Written on May 5, 2026 at 9:11 pm, by josephine
US job openings fell to 6.866 million in March; hires rose, separations steady, and dollar dipped.
France’s budget balance worsened to €-42.9B from €-32.12B, reflecting a larger deficit in March
Written on May 5, 2026 at 9:09 pm, by josephine
France’s budget deficit widened in March, with the balance falling to €-42.9bn from €-32.12bn previously.
AUD slipped as the RBA raised rates to 4.35% but suggested a data-led pause, limiting gains
Written on May 5, 2026 at 9:06 pm, by josephine
RBA hiked cash rate to 4.35%, signaled data-dependent pause; inflation risks elevated, growth downgraded, AUD slipped.
