Monthly Archives: May 2026
Sterling Seen Under Pressure as UK Political Uncertainty and Gilt Rout Spur MUFG’s Short GBP/CHF View
Written on May 18, 2026 at 7:47 pm, by josephine
Hardman warns pound may weaken as UK political uncertainty rises, pressuring gilts; MUFG stays short GBP/CHF.
USD/CHF holds near highs as Iran talks ease dollar demand and Fed-SNB gap supports upside
Written on May 18, 2026 at 7:20 pm, by josephine
USD/CHF consolidates near two-week highs as risk sentiment improves; bullish wedge breakout holds, with resistance 0.7930.
Brent tops $110 as Middle East conflict, UAE outages and sanctions tighten global oil supply
Written on May 18, 2026 at 7:17 pm, by josephine
Drone attack, stalled US talks, and refinery constraints lift Brent; UAE output drops, sanctions tighten, pipelines expand.
Japan Bonds and Yen Under Pressure as Extra JGB Issuance, Oil Shock and Intervention Risks Loom
Written on May 18, 2026 at 6:54 pm, by josephine
Japan nears bond “danger zone” as extra JGB issuance looms amid Hormuz tensions, rising oil, intervention risks.
UOB sees AUD/USD downside gathering pace, with 0.7100 and 0.7065 in focus
Written on May 18, 2026 at 6:52 pm, by josephine
UOB analysts turned bearish on AUD/USD after 0.7140 drop, eyeing 0.7100 then 0.7065 support.
Gold steadies above $4,500 as US-Iran talks and rising Treasury yields weigh on prices
Written on May 18, 2026 at 6:49 pm, by josephine
Gold steadies above $4,500 after four-day slide as Middle East tensions, U.S.-Iran talks and yields pressure.
AUD/USD slides towards 0.6650 as Fed-RBA divergence keeps US dollar firm near 104.50
Written on May 18, 2026 at 6:47 pm, by josephine
AUD/USD rebounded to 0.7150 as dollar weakened on US-Iran deal hopes; RBA/FOMC minutes awaited.
Deutsche Bank sees UK unemployment stuck at 4.9% as self-employment surge masks labour weakness
Written on May 18, 2026 at 5:49 pm, by josephine
Deutsche Bank forecasts UK labour market weakness, unemployment steady at 4.9%, vacancies easing slightly, redundancies elevated.
IMF sees Bank of England holding rates; UK growth forecast lifted as pound barely moves
Written on May 18, 2026 at 5:47 pm, by josephine
IMF says BoE needn’t hike rates this year; UK growth seen 1.0% in 2026, inflation eases.
TD Securities flags weak China April data, sees cautious PBoC and yuan defence near 6.8
Written on May 18, 2026 at 5:25 pm, by josephine
TD Securities sees weak China April data; oil pressures, cautious PBoC easing, targeted stimulus, CNY defense.