Monthly Archives: May 2026
Gold slides towards $4,560 as US yield surge and India import tax curb demand
Written on May 15, 2026 at 1:59 pm, by josephine
Gold drops 2% as US inflation data boosts rate-hike bets; higher Indian import tax dampens demand.
Gold extends four-day slide as firmer US data lifts dollar and bolsters hawkish Fed bets
Written on May 15, 2026 at 1:56 pm, by josephine
Gold extends four-day slide near $4,550 as stronger dollar, hawkish Fed bets outweigh geopolitical risks.
Czech central bank hints at cautious stance as markets price hikes, lifting EUR/CZK bias
Written on May 15, 2026 at 1:53 pm, by josephine
CNB governor flags wider deficit, pricey rates; cautious stance weighs on koruna as EUR/CZK nears 24.40.
WTI tops $100 as Trump touts China crude-buy pledge, with Hormuz uncertainty supporting volatility
Written on May 15, 2026 at 12:55 pm, by josephine
WTI topped $100 after Trump-Xi talks; China crude-buy claim unconfirmed; indicators bullish, key resistance at $103.80.
Dollar rally after Trump–Xi summit fades as inflation and Fed politics keep markets range-bound
Written on May 15, 2026 at 12:53 pm, by josephine
Trump–Xi summit lifted dollar; seen as correction. Oil shock may fade. Yields rose; Fed hikes eyed.
Circular AI Economy: Lessons from Cerebras’ IPO
Written on May 15, 2026 at 12:42 pm, by josephine
Cerebras’ IPO is the first major US AI hardware test. Its pricing and early trading reflect where suppliers, customers, and capital intertwine, shaping 2026’s US and global IPO appetites.
EUR/USD Breaks 1.170 as Rate Gap Widens; Sterling Hit by UK Leadership Jitters
Written on May 15, 2026 at 12:30 pm, by josephine
EUR/USD slipped below 1.170, eyeing 1.160 as equities and widening rate spreads pressured the euro.
South Korea’s KOSPI rally tests 10,000 as AI boom meets labour and redistribution risks
Written on May 15, 2026 at 12:28 pm, by josephine
KOSPI surges on AI, sparking debate over inequality, housing, taxes, strikes, and 10,000 target hopes.
Turkey’s Budget Deficit Widens in April, Pressuring Lira and Raising Rate-Hike Risks
Written on May 15, 2026 at 12:26 pm, by josephine
Turkey’s budget deficit widened in April, with the balance falling to -338.7B from -229.9B previously.
Italy inflation undershoots forecasts, bolstering ECB cut bets and weighing on the euro
Written on May 15, 2026 at 12:23 pm, by josephine
Italy’s CPI rose 2.7% year-on-year in April, slightly below the 2.8% forecast, easing inflation.
