Monthly Archives: May 2026
EIA storage build undershoots demand growth, keeping US natural gas prices under pressure
Written on May 21, 2026 at 9:22 pm, by josephine
EIA reported a 101B natural gas storage build, exceeding the 96B forecast by 5B.
Hungarian Forint Faces Depreciation as Government Prioritises Lower Yields Ahead of MNB Decision
Written on May 21, 2026 at 9:19 pm, by josephine
Post-election Hungarian positions look stretched; markets await MNB decision as government targets cheaper debt, not forint strength.
Euro and sterling slip as US yields and energy prices widen transatlantic rate gap
Written on May 21, 2026 at 8:26 pm, by josephine
Euro and sterling down 0.9% versus dollar as energy prices, yield gaps, and Fed expectations shift.
USD/JPY hovers near 159 as PMI weakens and intervention threat caps gains at 160
Written on May 21, 2026 at 8:24 pm, by josephine
USD/JPY nears 159 as intervention risk looms; softer PMI contrasts with rising BoJ hike expectations.
Eurozone Consumer Confidence Beats Forecast, Easing ECB Rate-Cut Prospects and Supporting Euro, Equities
Written on May 21, 2026 at 8:21 pm, by josephine
Eurozone consumer confidence beat forecasts in May, improving to -19 versus expectations of -20.8.
US flash PMI holds steady as manufacturing outperforms and services soften, raising Fed policy questions
Written on May 21, 2026 at 8:19 pm, by josephine
May flash US Composite PMI held at 51.7; manufacturing surged, services softened, indicating slower overall growth.
UK targets cost-of-living relief as PMI contracts, raising stagflation fears for sterling and gilts
Written on May 21, 2026 at 7:21 pm, by josephine
UK unveils targeted cost-of-living aid as PMI contracts; job losses mount, confidence sinks, raising recession risks.
US manufacturing PMI beats forecasts, cooling rate-cut bets and boosting dollar, commodities outlook
Written on May 21, 2026 at 7:19 pm, by josephine
US S&P Global Manufacturing PMI rose to 55.3 in May, beating forecasts, signaling continued manufacturing expansion.
US Services PMI undershoots forecasts, fuelling rate-cut bets and equity volatility hedging demand
Written on May 21, 2026 at 6:51 pm, by josephine
U.S. S&P Global Services PMI for May fell to 50.9, slightly above expansion threshold, missing 51 forecast.
S&P Global US Composite PMI at 51.7 in May points to steady expansion, delayed rate cuts
Written on May 21, 2026 at 6:49 pm, by josephine
S&P Global US Composite PMI rose to 51.7 in May, signaling overall business activity expanded above 50.
