Monthly Archives: May 2026
WTI crude retreats, paring weekly gains, as Iran’s proposal boosts optimism for renewed US-Iran diplomatic talks
Written on May 1, 2026 at 11:26 pm, by josephine
WTI slid near $99 as new Iran proposal raised talk hopes; Hormuz risks persist; uptrend held.
Silver trades near $76, rising 3.05%, as renewed demand counters tight Fed policy and inflation fears
Written on May 1, 2026 at 11:23 pm, by josephine
Silver neared $76, up 3%, as safe-haven and inflation demand offset higher-rate headwinds, hawkish Fed.
Iran tensions and earnings shifts keep traders focused, putting S&P 7,300 firmly back into contention
Written on May 1, 2026 at 10:56 pm, by josephine
Iran-US talks proposal lifts sentiment; SOX/SPX nears resistance, S&P 500 targets 7,300, possibly 7,700 later.
USD/JPY levels off, after Japanese intervention curbs yen weakness, holding near 156.67 following 155.48 low
Written on May 1, 2026 at 10:53 pm, by josephine
USD/JPY steadied near 156.67 after Japan’s intervention-backed yen rebound; focus shifts to US data and risks.
Geopolitical developments in the US-Iran war weaken the Dollar, boosting EUR/USD towards week-highs near 1.1768
Written on May 1, 2026 at 10:26 pm, by josephine
EUR/USD climbed near 1.1768 as US-Iran tensions weakened the Dollar; mixed data kept ECB, Fed steady.
Near recent highs, NZD/USD edges up to 0.5915 as mixed US data caps Dollar gains
Written on May 1, 2026 at 10:23 pm, by josephine
NZD/USD rose to 0.5915 as softer dollar, easing Middle East fears, mixed US data supported pair.
Sterling-dollar rises above 1.3600, near ten-week peak, as suspected Japanese yen support weakens dollar
Written on May 1, 2026 at 9:56 pm, by josephine
GBP/USD climbed near 1.3650 on Dollar weakness, while geopolitical risks and Fed/BoE guidance influenced rate expectations.
Following first-quarter results, Twilio shares surged 21%, as markets assessed its strongest three-year revenue growth
Written on May 1, 2026 at 9:53 pm, by josephine
Twilio shares surged 21% on strong Q1 earnings, upbeat guidance, and analysts raised targets; stock hit $179.48.
Australia’s S&P Global Manufacturing PMI rises from 51 to 51.3, indicating stronger factory activity
Written on May 1, 2026 at 9:25 pm, by josephine
Australia’s S&P Global Manufacturing PMI climbed to 51.3 in April, signaling continued growth above the 50 mark.
Middle East war updates lift gold from monthly lows, though prolonged higher interest rates limit upside gains
Written on May 1, 2026 at 9:23 pm, by josephine
Gold rebounds near $4,655 on Middle East headlines; higher oil lifts inflation fears, delaying Fed cuts.
