Monthly Archives: May 2026
OCBC strategists say Asian currencies weakened as surging Brent, inflation concerns and hawkish Fed repricing dampened sentiment
Written on May 1, 2026 at 1:57 am, by josephine
Asian currencies mostly weakened as Brent neared $120, stoking inflation and hawkish Fed expectations amid Iran tensions.
Commerzbank expects India’s growth near 6.5%, aided by demand, GST 2.0 reforms, pro-investment budgets, risks rising
Written on May 1, 2026 at 1:55 am, by josephine
Commerzbank forecasts India’s FY2026–27 GDP growth at 6.5%, driven by domestic demand, reforms, and investment; risks persist.
Dividend Adjustment Notice – May 01 ,2026
Written on May 1, 2026 at 1:46 am, by anakin
Dear Client, Please note that the dividends of the following products will be adjusted accordingly. Index dividends will be executed separately through a balance statement directly to your trading account, and the comment will be in the following format “Div & Product Name & Net Volume”. Please refer to the table below for more details: Continue Reading
EUR/USD inches up as dollar weakens after Tokyo action, while bulls hold 200-day SMA below Fibonacci level
Written on May 1, 2026 at 1:26 am, by josephine
EUR/USD rose to 1.1726 as dollar weakened; ECB held rates; eurozone inflation jumped; key resistance 1.1747.
Markets lift GBP/USD 0.78% as investors anticipate Bank of England tightening, targeting 1.3600 amid bullish engulfing pattern
Written on May 1, 2026 at 1:24 am, by josephine
GBP/USD gained 0.78% as BoE held rates; bullish momentum builds above 1.3565, eyes 1.3711.
Standard Chartered warns UK local elections may pressure Starmer, spark Labour challenge, while gilts remain central focus
Written on May 1, 2026 at 12:56 am, by josephine
May 7 elections across UK councils and devolved parliaments could pressure Starmer, risking Labour leadership challenge.
WTI oil retreats to near $101.45, yet holds above $100 as Hormuz tensions sustain supply concerns
Written on May 1, 2026 at 12:54 am, by josephine
WTI slips 3.7% near $101.45; Hormuz tensions persist as US seeks pressure on Iran, supply risks.
Driven by Caterpillar earnings, the Dow surged roughly 730 points, recovering from below 48,500 above 49,500
Written on May 1, 2026 at 12:29 am, by josephine
Dow surges 730 points as Caterpillar soars; tech slides amid higher capex. Fed holds rates; GDP misses.
Amid speculation of Japan intervening, a softer US Dollar leaves USD/CAD near 1.3612, down 0.53%
Written on May 1, 2026 at 12:25 am, by josephine
USD/CAD slips to 1.3612 as weaker dollar, Japan intervention rumors, soft US GDP boost loonie.
