Live Updates

    6 May 2026
    OCBC strategists expect USD/SGD to rebound after a relief dip, amid two-way trading and escalation upside risk

    OCBC expects USD/SGD rebound; geopolitics and oil risks may drive volatility, with resistance 1.2850, support 1.2720.

    6 May 2026
    With the US Dollar broadly supported, NZD/USD hovers near 0.5890, recovering modestly but lacking momentum

    NZD/USD hovered near 0.5890, capped by resistance as safe-haven Dollar strength persisted amid Middle East tensions.

    6 May 2026
    Following the RBA hike, AUD/USD rises 0.25%, stabilising near 0.7185 after 0.7150 support held

    AUD/USD climbs to 0.7185 after RBA hike; traders await Australian, Chinese trade data and US payrolls.

    6 May 2026
    US weekly API crude oil inventories fell 8.1 million barrels, exceeding forecasts for a 2.8 million drawdown

    US weekly API crude inventories fell 8.1 million barrels to May 1, beating forecasts for 2.8 million drop.

    6 May 2026
    UOB economists say Indonesia’s 1Q26 GDP rose 5.61% annually, underpinned by spending, consumption, investment constraints

    Indonesia’s 1Q26 GDP rose 5.61%, beating forecasts, powered by spending; sustaining growth hinges on fiscal limits.

    6 May 2026
    USD/CHF slips 0.12% in North America, encountering resistance near 0.7842–57 from 20/50/100-day SMAs

    USD/CHF slides to 0.7830, rejected at SMA resistance; bearish bias persists, with key support near 0.7800.

    6 May 2026
    Bhargava says Philippine inflation hit a three-year high, fuelled by food and fuel, risking BSP hikes, 2Q averaging above 8%

    Philippine inflation surged to 7.2% in April; food and fuel pressures may force faster BSP tightening.

    6 May 2026
    Silver rebounds to $73.22, staying under $75, as bearish momentum persists and risk appetite improves

    Silver rises 0.69% to $73.22 but stays under $75; bearish RSI, key supports near $70.

    6 May 2026
    Gold climbs 1% after US-Iran ceasefire boosts risk appetite, rebounding from $4,500 lows to $4,560

    Gold gains near $4,560 as yields slip; US–Iran tensions persist, Fed pause outlook supports bullion.

    6 May 2026
    Radhika Rao of DBS reviews BJP’s West Bengal gains, Assam re-election, plus political changes in Tamil Nadu, Kerala

    State elections shift political landscape; rising welfare spending widens deficits, pressuring markets and spotlighting infrastructure-linked sectors.

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