Monthly Archives: May 2026
US jobless claims dip to 209,000, bolstering dollar and reinforcing higher-for-longer Fed stance
Written on May 21, 2026 at 4:51 pm, by josephine
US initial jobless claims fell to 209K, below forecasts; dollar firmer as labor data guides Fed policy.
US continuing jobless claims undershoot forecasts, reinforcing Fed higher-for-longer rate outlook
Written on May 21, 2026 at 4:47 pm, by josephine
US continuing jobless claims fell to 1.782 million in week ending 8 May, beating 1.79 million forecast.
US Building Permits Beat Forecast in April, Strengthening Housing Outlook and Clouding Fed Rate-Cut Path
Written on May 21, 2026 at 4:17 pm, by josephine
US building permits rose to 1.442M in April, beating the 1.39M forecast by 0.052M month-on-month.
US housing starts beat forecasts, bolstering higher-for-longer rate bets and supporting equities and homebuilders
Written on May 21, 2026 at 3:49 pm, by josephine
U.S. housing starts climbed to 1.465 million in April, beating the 1.41 million forecast, month-over-month.
US jobless claims average slips to 202,500, clouding Fed rate-cut expectations amid low volatility
Written on May 21, 2026 at 3:47 pm, by josephine
US four-week average initial jobless claims fell to 202.5K in week ending May 15, down 1.25K.
Sterling and gilts rally as fiscal fears fade and softer inflation delays Bank Rate rise
Written on May 21, 2026 at 2:50 pm, by josephine
Pound and gilts rebounded as inflation worries eased; Burnham backs fiscal rules; BoE hike expectations delayed. Risks remain.
Australian dollar slides on risk-off Iran shift and weak jobs data, fuelling AUD/USD downside hedges
Written on May 21, 2026 at 2:47 pm, by josephine
Australian Dollar slips to 0.7130 as risk-off sentiment and weak April jobs data pressure markets.
Gold steadies as Iran talks weigh on dollar, while Fed outlook keeps bullion range-bound
Written on May 21, 2026 at 2:19 pm, by josephine
Gold trades flat within weekly range; dollar eases on Iran talks. PMI data, technical levels guide XAU/USD.
Rupee rebounds as RBI steps in and oil slips; dollar strength keeps USD/INR elevated
Written on May 21, 2026 at 2:17 pm, by josephine
Rupee strengthens as RBI support and lower oil prices push USD/INR down; yields ease, FIIs sell.
Pound slips versus Dollar as US–Iran deal doubts and weak UK PMI weigh
Written on May 21, 2026 at 1:49 pm, by josephine
Pound slips to 1.3415 as Dollar strengthens amid fading US–Iran deal hopes and weak UK PMI.