Monthly Archives: May 2026
EUR/USD trades near 1.1720 in Asia amid reports the US will increase tariffs on EU vehicles
Written on May 4, 2026 at 4:23 am, by josephine
EUR/USD stayed near 1.1720 as Trump raised EU auto tariffs and Middle East tensions boosted dollar demand.
Week Ahead: Oil Puts Fed Cuts On Ice

Written on May 4, 2026 at 4:17 am, by josephine
Oil above $100 keeps inflation risk alive, complicates the Fed’s rate-cut path, and leaves traders watching USDX, XAUUSD, USOil, SP500 and BTCUSD for sharper cross-asset moves this week. | VT Markets
Australia’s annual building permits rose 9% in March, easing from the prior 14% growth rate
Written on May 4, 2026 at 3:25 am, by josephine
Australia’s building permits climbed 9% year-on-year in March, easing from a 14% increase previously.
Australia’s March building permits fell 10.5% month-on-month, undershooting the expected 9.9% decline
Written on May 4, 2026 at 3:23 am, by josephine
Australia’s March building permits dropped 10.5% month-on-month, underperforming expectations for a 9.9% decline.
Australia’s TD-MI annual inflation measure remained steady at 4.3% in April, showing no change overall
Written on May 4, 2026 at 2:56 am, by josephine
Australia’s TD-MI Inflation Gauge held steady in April, unchanged at 4.3% year-on-year from previous reading.
Amid Iran tensions and suspected yen intervention, USD/JPY holds near 157.00, drawing dip-buyers after falling to 156.60
Written on May 4, 2026 at 2:53 am, by josephine
USD/JPY rebounded near 157.00 as Middle East tensions supported dollar; possible Japan intervention capped gains, limiting momentum.
Australia’s TD-MI monthly inflation gauge eased to 0.6%, down from 1.3% previously in April
Written on May 4, 2026 at 2:26 am, by josephine
Australia’s TD-MI Inflation Gauge rose 0.6% in April, down from 1.3% in March month-on-month.
Gold trades near $4,605, edging lower as Middle East tensions rise; traders await John Williams’ comments
Written on May 4, 2026 at 2:23 am, by josephine
Gold slips near $4,605 as Hormuz tensions and Fed speech loom, while central-bank buying supports prices.
South Korea’s S&P Global Manufacturing PMI climbed to 53.6 in April, up from 52.6 previously
Written on May 4, 2026 at 1:53 am, by josephine
South Korea’s manufacturing PMI climbed to 53.6 in April, signaling stronger factory activity and improving conditions.
As Iran war entered its third month, Trump questioned whether Tehran’s peace terms would satisfy him fully
Written on May 4, 2026 at 12:55 am, by josephine
As Iran war entered third month, Trump doubted peace bid; Tehran proposed Strait reopening, nuclear talks.