Monthly Archives: May 2026
US jobless claims average slips to 202,500, clouding Fed rate-cut expectations amid low volatility
Written on May 21, 2026 at 3:49 pm, by josephine
US four-week average initial jobless claims fell to 202.5K in week ending May 15, down 1.25K.
Sterling and gilts rally as fiscal fears fade and softer inflation delays Bank Rate rise
Written on May 21, 2026 at 2:52 pm, by josephine
Pound and gilts rebounded as inflation worries eased; Burnham backs fiscal rules; BoE hike expectations delayed. Risks remain.
Australian dollar slides on risk-off Iran shift and weak jobs data, fuelling AUD/USD downside hedges
Written on May 21, 2026 at 2:50 pm, by josephine
Australian Dollar slips to 0.7130 as risk-off sentiment and weak April jobs data pressure markets.
Gold steadies as Iran talks weigh on dollar, while Fed outlook keeps bullion range-bound
Written on May 21, 2026 at 2:22 pm, by josephine
Gold trades flat within weekly range; dollar eases on Iran talks. PMI data, technical levels guide XAU/USD.
Rupee rebounds as RBI steps in and oil slips; dollar strength keeps USD/INR elevated
Written on May 21, 2026 at 2:19 pm, by josephine
Rupee strengthens as RBI support and lower oil prices push USD/INR down; yields ease, FIIs sell.
Pound slips versus Dollar as US–Iran deal doubts and weak UK PMI weigh
Written on May 21, 2026 at 1:52 pm, by josephine
Pound slips to 1.3415 as Dollar strengthens amid fading US–Iran deal hopes and weak UK PMI.
Iran uranium stance stokes risk-off mood, lifting dollar and oil, pressuring US equities
Written on May 21, 2026 at 1:49 pm, by josephine
Iran keeps near-weapons-grade uranium; US seeks end to enrichment; risk-off sentiment lifts dollar, oil, pressures stocks.
Euro slips as Eurozone PMIs slump, Iran talks cap Dollar gains; ECB-Fed divergence persists
Written on May 21, 2026 at 1:22 pm, by josephine
Euro slips to 1.1615 as weak Eurozone PMIs weigh; Iran peace-talk progress caps Dollar gains.
French PMI sinks to 2020 low as oil shock bites, fuelling recession and volatility fears
Written on May 21, 2026 at 1:19 pm, by josephine
French private-sector activity shrank in May; composite PMI hit 43.5 as oil prices, Iran war hammered demand.
Gold dips as hawkish Fed minutes prop up dollar, while US-Iran tensions underpin bullion
Written on May 21, 2026 at 12:49 pm, by josephine
Gold slips slightly as dollar stays strong on hawkish Fed minutes; traders price possible 2026 rate hike.
