Live Updates

    21 May 2026
    Kansas City Fed Factory Index Improves Slightly in May as Rate-Cut Bets Build

    Kansas City Fed data showed May manufacturing activity at -9, up from -10, still contracting slightly.

    21 May 2026
    Gold rally and TMX pipeline buoy Canada exports as US tariffs bite manufacturing hubs

    Higher gold prices and TMX pipeline access boosted non-US exports, offsetting U.S. tariffs despite overall declines.

    21 May 2026
    Gold slips as strong dollar and US-Iran tensions curb demand, Fed hawkishness keeps rates in focus

    Gold slips near $4,504 as US-Iran headlines, firm dollar, high oil and hawkish Fed expectations pressure.

    21 May 2026
    Bank Indonesia’s 50bp surprise rate rise backs rupiah as USD/IDR momentum fades

    Bank Indonesia unexpectedly hiked rates to 5.25% to defend rupiah, curb imported inflation; USD/IDR momentum cools.

    21 May 2026
    Silver hovers near two-week lows as US-Iran headlines, firmer dollar and yields cap gains

    Silver hovers near two-week lows on US-Iran headline swings; stronger dollar and yields cap gains.

    21 May 2026
    EIA storage build undershoots demand growth, keeping US natural gas prices under pressure

    EIA reported a 101B natural gas storage build, exceeding the 96B forecast by 5B.

    21 May 2026
    Hungarian Forint Faces Depreciation as Government Prioritises Lower Yields Ahead of MNB Decision

    Post-election Hungarian positions look stretched; markets await MNB decision as government targets cheaper debt, not forint strength.

    21 May 2026
    Euro and sterling slip as US yields and energy prices widen transatlantic rate gap

    Euro and sterling down 0.9% versus dollar as energy prices, yield gaps, and Fed expectations shift.

    21 May 2026
    USD/JPY hovers near 159 as PMI weakens and intervention threat caps gains at 160

    USD/JPY nears 159 as intervention risk looms; softer PMI contrasts with rising BoJ hike expectations.

    21 May 2026
    Eurozone Consumer Confidence Beats Forecast, Easing ECB Rate-Cut Prospects and Supporting Euro, Equities

    Eurozone consumer confidence beat forecasts in May, improving to -19 versus expectations of -20.8.

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