Live Updates

    4 May 2026
    BNP Paribas forecasts above-trend 2026 US growth, 2.4% GDP, 3.3% inflation, Fed rates steady at 3.5%-3.75%

    BNP Paribas sees stronger 2026 US growth, inflation above target, steady Fed rates, and gradual dollar weakening.

    4 May 2026
    Brazil’s S&P Global Manufacturing PMI climbed to 52.6 in April, up from 49 previously

    Brazil’s S&P Global Manufacturing PMI rose to 52.6 in April from 49, signaling renewed expansion.

    4 May 2026
    TD Securities’ Both and Lawrence predict the Bank of Canada holds 2.25% until 2026, rising to 2.75% in 2027

    TD Securities expects BoC hold at 2.25% through 2026; two hikes lift neutral rate to 2.75% early-2027.

    4 May 2026
    Societe Generale says April confidence slumped, dimming eurozone outlook, with low indices, tightening credit, and demand subdued

    Euro area confidence slid to multi-year lows; weak demand persists despite slight GDP growth and mixed outlook.

    4 May 2026
    In April, South Africa’s total new vehicle sales fell to 47,979 from the prior 58,060 figure

    South Africa’s total new vehicle sales dropped to 47,979 in April, down from 58,060 previously.

    4 May 2026
    Commerzbank’s Volkmar Baur says traders expect another RBA hike as inflation stays elevated, rhetoric hawkish

    RBA meets tomorrow; forecasts favour another 25bp hike as inflation stays high and expectations rise.

    4 May 2026
    An Iranian official said Iran warned a US warship in Hormuz; damage status remained uncertain, Reuters reported

    Iran fired warning shot at US warship near Strait of Hormuz; dollar firmed on tensions.

    4 May 2026
    Heightened US-Iran tensions dampen sentiment as Sterling retraces gains, pushing GBP/USD below 1.3550 from 1.3650 highs

    GBP retreats below 1.3550 as Middle East tensions boost safe-haven USD; Iran report lifts oil, risk aversion.

    4 May 2026
    Bob Savage says the ECB leans towards a June rate cut, unlike the BoE awaiting confirmation

    ECB signals possible June rate change, while BoE waits; diverging Nordic outlooks sway European pricing.

    4 May 2026
    During the European session, XAU/USD slides below $4,550, with sellers targeting prior lows near $4,500

    Gold slid under $4,550 as US-Iran Hormuz tensions boosted dollar; traders eye $4,500 support, bearish.

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