Monthly Archives: May 2026
Crude oil retreats as Iran deal chatter shifts focus from Hormuz risk to supply outlook
Written on May 22, 2026 at 1:22 am, by josephine
Crude oil rose then fell as Iran deal rumors grow, shifting focus from Hormuz fears to reopening.
Euro area PMI rebound shifts ECB focus to rate cuts as inflation cools and volatility ebbs
Written on May 22, 2026 at 1:20 am, by josephine
Euro area composite PMI fell to 47.5 in May as Gulf conflict lifts costs, deepening contraction.
Barkin says Fed policy well placed as consumer spending holds and rate path hinges on data
Written on May 22, 2026 at 1:17 am, by josephine
Barkin says Fed policy is well positioned; future rate moves depend on consumer spending, business responses, inflation expectations.
Draft US–Iran accord seen easing oil and volatility as sanctions relief looms
Written on May 22, 2026 at 12:20 am, by josephine
Reports claim US–Iran draft deal finalized via Pakistan, featuring ceasefire, sanctions easing, and Hormuz navigation guarantees.
Sterling slides on energy costs as UK leadership contest lifts volatility, fiscal rules underpin outlook
Written on May 22, 2026 at 12:17 am, by josephine
Sterling tracks Euro lower on energy; political uncertainty may briefly boost volatility, but fiscal-rule continuity supports Pound.
Euro rallies above 1.1900 as Fed pause contrasts with hawkish ECB and firmer Eurozone data
Written on May 21, 2026 at 11:47 pm, by josephine
Euro hits six-week lows near 1.1585 as stronger dollar, Hormuz tensions, high oil and weak Eurozone PMIs.
Sterling slips as Iran tensions lift oil, UK PMI sours and Fed minutes bolster dollar
Written on May 21, 2026 at 11:19 pm, by josephine
GBP/USD slips to 1.3406 as Iran-deal doubts lift oil, boost dollar; UK PMI weak, US data firm.
Standard Chartered sees RBI lifting FY27 repo rate to 5.75% as inflation and rupee pressures build
Written on May 21, 2026 at 11:17 pm, by josephine
Standard Chartered sees RBI hiking FY27 repo to 5.75% on inflation risks, weak rupee, global yields.
Four-week T-bill yield uptick trims Fed cut bets, bolstering higher-for-longer and dollar outlook
Written on May 21, 2026 at 10:49 pm, by josephine
U.S. Treasury’s 4-week bill auction saw a 3.61% high rate, slightly above 3.605% previously.
Kansas City Fed Factory Index Improves Slightly in May as Rate-Cut Bets Build
Written on May 21, 2026 at 10:47 pm, by josephine
Kansas City Fed data showed May manufacturing activity at -9, up from -10, still contracting slightly.
