Monthly Archives: May 2026
PBoC sets firmer USD/CNY fixing, signalling tolerance for softer yuan as economic headwinds weigh
Written on May 28, 2026 at 6:58 am, by josephine
PBoC fixed USD/CNY firmer yet weaker than estimates, signaling tolerance for softer yuan; traders hedge volatility.
Will Gold Trade Above $5,000 Again in 2026?

Written on May 28, 2026 at 6:35 am, by davin
Will gold reclaim $5,000 in 2026? Explore the macro forces, central bank moves, and USD trends driving the gold market after its historic surge and correction.
WTI rebounds towards $89 as US-Iran tensions and inventory draws lift risk premium
Written on May 28, 2026 at 6:00 am, by josephine
WTI rebounded near $89 as US-Iran tensions and inventory draws boosted risk premium, supporting bullish prices.
AUD/USD Slides as RBA Hike Bets Fade and Fed Hawkishness Lifts US Dollar
Written on May 28, 2026 at 5:58 am, by josephine
AUD/USD slides near 0.7130 as RBA hike bets fade, Fed stays hawkish, tensions boost dollar.
Overseas appetite for Japanese equities stalls as yen weakness and BoJ hike fears weigh
Written on May 28, 2026 at 5:29 am, by josephine
Foreign demand for Japanese equities cooled sharply as net inflows collapsed, amid yen weakness and BoJ uncertainty.
Trump says Hormuz to stay open as US-Iran talks continue amid rising Gulf tensions
Written on May 28, 2026 at 5:27 am, by josephine
Trump signals no rush on Iran deal; Strait of Hormuz stays open; traders hedge with oil calls, S&P puts.
Gold steady near $4,455 as US–Iran talks and core PCE data steer rate outlook
Written on May 28, 2026 at 5:00 am, by josephine
Gold steadied near $4,455 as US-Iran talks and PCE inflation data drive cautious, volatility-focused positioning.
Dollar-yen nears 160 again as Japan’s intervention fades and yield gap sustains carry trade
Written on May 28, 2026 at 4:57 am, by josephine
Despite $60bn Japan intervention, USD/JPY rebounds near 159.5 as yield gap persists; 160 breakout risks response.
API crude draw narrows to 2.8m barrels, tempering WTI momentum ahead of OPEC+ meeting
Written on May 28, 2026 at 4:29 am, by josephine
API reports US crude stock draw slowed to 2.8 million barrels, signaling easing tightness, capping prices ahead.
Fed’s Cook backs steady rates, flags inflation upside risks and AI-led labour market uncertainty
Written on May 28, 2026 at 4:27 am, by josephine
Fed’s Cook urges steady rates; inflation risks persist; hikes possible, cuts if jobs weaken; volatility trades favored.