Monthly Archives: May 2026
Gold rally and TMX pipeline buoy Canada exports as US tariffs bite manufacturing hubs
Written on May 21, 2026 at 10:20 pm, by josephine
Higher gold prices and TMX pipeline access boosted non-US exports, offsetting U.S. tariffs despite overall declines.
Gold slips as strong dollar and US-Iran tensions curb demand, Fed hawkishness keeps rates in focus
Written on May 21, 2026 at 10:17 pm, by josephine
Gold slips near $4,504 as US-Iran headlines, firm dollar, high oil and hawkish Fed expectations pressure.
Bank Indonesia’s 50bp surprise rate rise backs rupiah as USD/IDR momentum fades
Written on May 21, 2026 at 9:48 pm, by josephine
Bank Indonesia unexpectedly hiked rates to 5.25% to defend rupiah, curb imported inflation; USD/IDR momentum cools.
Silver hovers near two-week lows as US-Iran headlines, firmer dollar and yields cap gains
Written on May 21, 2026 at 9:47 pm, by josephine
Silver hovers near two-week lows on US-Iran headline swings; stronger dollar and yields cap gains.
EIA storage build undershoots demand growth, keeping US natural gas prices under pressure
Written on May 21, 2026 at 9:20 pm, by josephine
EIA reported a 101B natural gas storage build, exceeding the 96B forecast by 5B.
Hungarian Forint Faces Depreciation as Government Prioritises Lower Yields Ahead of MNB Decision
Written on May 21, 2026 at 9:17 pm, by josephine
Post-election Hungarian positions look stretched; markets await MNB decision as government targets cheaper debt, not forint strength.
Euro and sterling slip as US yields and energy prices widen transatlantic rate gap
Written on May 21, 2026 at 8:24 pm, by josephine
Euro and sterling down 0.9% versus dollar as energy prices, yield gaps, and Fed expectations shift.
USD/JPY hovers near 159 as PMI weakens and intervention threat caps gains at 160
Written on May 21, 2026 at 8:21 pm, by josephine
USD/JPY nears 159 as intervention risk looms; softer PMI contrasts with rising BoJ hike expectations.
Eurozone Consumer Confidence Beats Forecast, Easing ECB Rate-Cut Prospects and Supporting Euro, Equities
Written on May 21, 2026 at 8:19 pm, by josephine
Eurozone consumer confidence beat forecasts in May, improving to -19 versus expectations of -20.8.
US flash PMI holds steady as manufacturing outperforms and services soften, raising Fed policy questions
Written on May 21, 2026 at 8:17 pm, by josephine
May flash US Composite PMI held at 51.7; manufacturing surged, services softened, indicating slower overall growth.
