Monthly Archives: May 2026
Makhlouf says he will monitor indirect impacts of rising energy costs across production, transport and services
Written on May 1, 2026 at 3:55 pm, by josephine
ECB’s Makhlouf to watch energy-driven cost-push inflation, wage second-round effects, and expectations as euro barely reacts.
With the dollar weakening, the euro trades near weekly peaks around 1.1755, hovering at 1.1742
Written on May 1, 2026 at 3:53 pm, by josephine
EUR/USD climbed to 1.1742 as dollar slid amid intervention fears; Euro inflation, ECB signals, and oil remained key.
Rabobank says the Bank of England held rates, maintaining cautious alertness, while June risks persist amid softer jobs
Written on May 1, 2026 at 3:26 pm, by josephine
Bank of England holds rates, “active hold” stance; RaboResearch sees possible June tightening amid Gulf-driven inflation risks.
MUFG’s Derek Halpenny says Japan likely intervened near 160, buying time amid Middle East and cost pressures
Written on May 1, 2026 at 3:23 pm, by josephine
USD/JPY plunged near 160 on suspected Japan intervention as officials weighed Middle East risks, inflation, holiday liquidity.
During European trading, NYMEX WTI hovers near $102.25, pausing after a fortnight’s rally peaked $107.35 near three-year high
Written on May 1, 2026 at 2:56 pm, by josephine
WTI holds near $102 as Hormuz closure supports prices; central-bank hawkishness raises demand worries; key levels $95-$113.
XAG/USD holds within the low $73s in Europe, after earlier $75 support rejection keeps prices subdued
Written on May 1, 2026 at 2:53 pm, by josephine
Silver slips to low $73s, extending weekly losses as hawkish Fed boosts dollar; key support/resistance outlined.
UK M4 money supply grew 4.3% year-on-year in March, accelerating from the prior 3.6%
Written on May 1, 2026 at 2:26 pm, by josephine
UK M4 money supply rose 4.3% year-on-year in March, up from 3.6% previously.
UK individuals borrowed £8B month-on-month, surpassing forecasts of £5.9B, in March figures
Written on May 1, 2026 at 2:23 pm, by josephine
UK net lending to individuals climbed to £8bn in March, beating forecasts of £5.9bn by £2.1bn.
UK M4 money supply increased 0.8% month-on-month, exceeding the 0.5% forecast, according to released data
Written on May 1, 2026 at 1:55 pm, by josephine
UK M4 money supply climbed 0.8% in March, beating the 0.5% forecast by 0.3 percentage points.
In March, UK mortgage approvals reached 63.53K, surpassing forecasts of 60K from analysts and expectations
Written on May 1, 2026 at 1:52 pm, by josephine
UK mortgage approvals rose to 63.53K in March, beating the 60K forecast and signalling stronger lending activity.
