Monthly Archives: May 2026
UK Composite PMI Slumps to 48.5, Fueling Sterling Sell-Off and BoE Rate-Cut Bets
Written on May 21, 2026 at 12:28 pm, by josephine
UK S&P Global Composite PMI fell to 48.5 in May, missing forecasts, signalling contraction in private sector activity.
Dollar index dips as US-Iran deal hopes weigh; Treasury yields steady, traders await May PMI
Written on May 21, 2026 at 12:25 pm, by josephine
DXY slips near 99.10 on US-Iran deal hopes; oil, yields ease; PMI awaited; supports/resistance noted.
Global aluminium output slips in April as Gulf conflict curbs supply and lifts price outlook
Written on May 21, 2026 at 12:23 pm, by josephine
Global primary aluminium output fell in April; China dipped slightly, Gulf output plunged amid Iran conflict disruptions.
Wall Street futures slip as US-Iran tensions and hawkish Fed minutes curb risk appetite
Written on May 21, 2026 at 12:20 pm, by josephine
Dow and S&P futures dip as Fed minutes hint hikes; US-Iran tensions weigh, tech earnings spotlight.
Eurozone Composite PMI Slides to 47.5 as Activity Contracts, Keeping ECB Easing in Focus
Written on May 21, 2026 at 11:21 am, by josephine
Eurozone PMI worsens: composite 47.5, services slump; manufacturing stays expansionary. EUR/USD rebounds; data suggest Q2 contraction.
Eurozone current account surplus rises to €24.1bn, underpinning euro as ECB stays hawkish
Written on May 21, 2026 at 11:19 am, by josephine
Eurozone current account balance rose to €24.1bn in March, up €3.0bn month-on-month from €21.1bn.
Eurozone current account surplus misses forecasts, fuelling euro downside risks and ECB cut bets
Written on May 21, 2026 at 10:22 am, by josephine
Eurozone current account balance fell to €14.9bn in March, missing €25.3bn forecast by €10.4bn.
Eurozone composite PMI miss deepens contraction, bolstering ECB cut bets and pressuring euro assets
Written on May 21, 2026 at 10:19 am, by josephine
HCOB Eurozone Composite PMI fell to 47.5 in May, missing forecasts and signaling continued eurozone business contraction.
Swiss franc holds steady versus dollar despite slump in factory output, focus on SNB outlook
Written on May 21, 2026 at 9:52 am, by josephine
Swiss franc flat versus dollar despite Swiss output slump; USD/CHF near 0.7870 as markets await PMI.
USD/JPY Hovers Near 159 as Breakout Risk Builds, Options Traders Weigh Volatility Plays
Written on May 21, 2026 at 9:50 am, by josephine
USD/JPY trades near 158.90, consolidating above key EMAs; breakout targets 160.73/162.00, supports 158.51/158.23.
