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Monthly Archives: May 2026

Westpac Survey Signal Lifts Australian Confidence, Markets Reprice for a More Hawkish RBA

Written on May 19, 2026 at 6:17 am, by

Westpac’s May consumer confidence in Australia rose sharply, improving from -12.5% to 83%, signalling stronger sentiment.

WTI steadies as Trump pauses Iran strike, Strait of Hormuz shutdown keeps crude risk premium

Written on May 19, 2026 at 5:49 am, by

WTI held near $101.85 as Trump paused Iran strike; Hormuz closure persists; API inventories awaited.

Japan GDP Deflator Rises 3.4% in Q1, Fuelling Bets on Earlier Bank of Japan Tightening

Written on May 19, 2026 at 5:47 am, by

Japan’s GDP deflator rose 3.4% year on year in Q1, beating expectations of 3.1% by 0.3.

USD/JPY retreats towards 159 as intervention risk and rate gap keep volatility elevated

Written on May 19, 2026 at 5:19 am, by

USD/JPY slipped near 158.80 as intervention gains faded; oil-driven inflation and data focus keep volatility.

New Zealand card sales slow as markets price RBNZ cuts, NZ dollar edges towards 0.6000 support

Written on May 19, 2026 at 5:17 am, by

New Zealand electronic card retail sales increased 2% year-on-year in April, slowing from 2.7% previously.

New Zealand Q1 producer prices surprise to the upside, reinforcing RBNZ hawkishness and NZD appeal

Written on May 19, 2026 at 4:54 am, by

New Zealand’s Q1 output PPI rose 0.8% quarter-on-quarter, beating forecasts of 0.5%, data showed today.

New Zealand card retail sales slump renews rate-cut bets, weighs on kiwi and lifts bond prospects

Written on May 19, 2026 at 4:52 am, by

New Zealand card retail sales dropped 1.3% in April, reversing March’s 0.7% rise, down 2 points.

New Zealand PPI Input Jumps 1.4%, Undermining Rate-Cut Bets and Lifting NZD Outlook

Written on May 19, 2026 at 4:50 am, by

New Zealand’s 1Q Producer Price Index inputs rose 1.4%, beating 0.8% forecasts, signalling higher producer costs.

AUD/USD rebounds as crowded long positioning puts focus on RBA minutes and Australia jobs data

Written on May 19, 2026 at 4:47 am, by

AUD/USD rebounded from 0.7120 amid softer dollar; traders watch RBA minutes, jobs data, key levels.

Nikkei Falls as Tech Takes NVIDIA Hit

Written on May 19, 2026 at 4:17 am, by

Nikkei slips as tech stocks fall before NVIDIA results, while Japan GDP and value shares cushion sentiment.

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