Monthly Archives: May 2026
Renewed Middle East attacks and rising Federal Reserve hike expectations push the dollar higher, pressuring EUR/USD
Written on May 5, 2026 at 1:26 am, by josephine
Euro slips to 1.1690 as Middle East attacks lift dollar; oil risk premium keeps central banks hawkish.
Standard Chartered expects strong exports to boost April industry, despite softer services; oil raises PPI, energy CPI
Written on May 5, 2026 at 1:23 am, by josephine
China’s April PMI signals weakening domestic demand, housing softness; exports and AI-driven output support modest growth.
WTI oil jumps over 3% as Iran hits UAE, stoking Hormuz disruption fears and retaliatory expectations
Written on May 5, 2026 at 12:56 am, by josephine
WTI jumped 3% above $102 as Middle East tensions flared, Fujairah attacked, Hormuz shipping risks rose.
Dutch manufacturing expands as firms stockpile amid Middle East disruptions, lifting Nevi PMI to 2022-highs
Written on May 5, 2026 at 12:53 am, by josephine
Dutch manufacturing output rises as firms stockpile amid Middle East disruptions; demand strengthens, but outlook cautious.
TD Securities expects Canada’s March trade gap to shrink to CAD 1.5bn, boosted by exports, WTI, autos
Written on May 5, 2026 at 12:26 am, by josephine
TD Securities expects Canada’s March trade deficit to narrow, as exports rise with higher energy prices.
US equities sank as Persian Gulf tensions revived, pushing the Dow down 1,000 points from highs
Written on May 5, 2026 at 12:23 am, by josephine
US stocks dropped as UAE interception reports stoked ceasefire fears; oil jumped, while investors awaited key US data.
BNP Paribas expects eurozone growth to ease by 2026, while inflation rises into 2027, aiding ECB tightening
Written on May 4, 2026 at 11:56 pm, by josephine
Eurozone growth slows in 2026 amid Middle East spillovers; inflation rises, ECB expected to hike rates twice.
GBP/USD declines as Hormuz tensions bolster the US dollar, with Iran warning the US Navy away
Written on May 4, 2026 at 11:53 pm, by josephine
GBP/USD slid as Middle East tensions boosted safe-haven dollar demand, despite later rebound on yen-intervention speculation.
Katayama stated Japan stands ready, under a US bilateral accord, to counter speculative foreign-exchange movements decisively
Written on May 4, 2026 at 11:26 pm, by josephine
Japan warns of decisive FX action as USD/JPY tests 157.50; yen-buying interventions, oil risks persist.
Gold starts the week near one-month lows; Middle East tensions and hawkish US outlook bolster the dollar
Written on May 4, 2026 at 11:23 pm, by josephine
Gold slid near one-month lows as US-Iran tensions and high yields pressured prices; support eyed near $4,400.
