Category Archives: Live Updates

live updates

Eurozone PMI slump and energy-driven inflation keep ECB on course for June rate rise amid Gulf risks

Written on May 22, 2026 at 1:19 am, by

Eurozone PMI drops signal weak Q2 growth, but rising input costs strain ECB; June hike likely, energy risks.

Sterling consolidates near 1.3440 as weak PMIs and UK swap repricing fears weigh on outlook

Written on May 22, 2026 at 12:49 am, by

GBP/USD steadies near 1.3440 as weak UK PMI dents sterling and traders trim BoE hike expectations.

USD/JPY hovers near 159 as intervention fears cap gains and traders eye options hedges

Written on May 22, 2026 at 12:49 am, by

USD/JPY hovers near 159 amid intervention fears; falling yields and oil bolster yen, trade surplus lifts BOJ hopes.

US jobless claims dip to 209,000, bolstering dollar and reinforcing higher-for-longer Fed stance

Written on May 22, 2026 at 12:19 am, by

US initial jobless claims fell to 209K, below forecasts; dollar firmer as labor data guides Fed policy.

US continuing jobless claims undershoot forecasts, reinforcing Fed higher-for-longer rate outlook

Written on May 22, 2026 at 12:19 am, by

US continuing jobless claims fell to 1.782 million in week ending 8 May, beating 1.79 million forecast.

US Building Permits Beat Forecast in April, Strengthening Housing Outlook and Clouding Fed Rate-Cut Path

Written on May 21, 2026 at 11:49 pm, by

US building permits rose to 1.442M in April, beating the 1.39M forecast by 0.052M month-on-month.

US housing starts beat forecasts, bolstering higher-for-longer rate bets and supporting equities and homebuilders

Written on May 21, 2026 at 11:19 pm, by

U.S. housing starts climbed to 1.465 million in April, beating the 1.41 million forecast, month-over-month.

US jobless claims average slips to 202,500, clouding Fed rate-cut expectations amid low volatility

Written on May 21, 2026 at 11:19 pm, by

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 10:19 pm, by

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 10:19 pm, by

Australian Dollar slips to 0.7130 as risk-off sentiment and weak April jobs data pressure markets.