Live Updates

16

May 2026
India Raises Petrol and Diesel Prices as Crude Surge Adds to Inflation and RBI Rate Risks

India raised petrol and diesel prices by about INR 3 per litre, risking higher inflation pressures nationwide.

16

May 2026
Foreign Inflows to Canadian Securities Miss Forecast, Raising Loonie and TSX Hedging Questions

Canada’s foreign portfolio investment hit $4.62bn in March, missing the $11.4bn forecast amid weaker buying.

16

May 2026
Canadian overseas securities buying slumps to $3.9bn in March, lifting loonie outlook

Canadian portfolio purchases of foreign securities plunged to $3.9bn in March from $25.36bn previously.

15

May 2026
Empire State manufacturing index beats forecasts, complicating Fed rate-cut outlook and lifting dollar bids

New York’s Empire State Manufacturing Index surged to 19.6 in May, easily beating forecasts of 7.5.

15

May 2026
TD Securities sees Fed holding rates through 2026, June projections turn hawkish amid oil-led inflation

TD Securities now sees no Fed cuts in 2026; June turns hawkish, easing bias removed, dollar soft.

15

May 2026
Dollar Index steadies near 105 as higher yields and options markets price policy uncertainty

Dollar Index climbed as Treasury yields hit new highs; retail sales steady; GDPNow upgraded; Brent oil rose.

15

May 2026
USD/CAD hits monthly highs as Fed hike bets lift dollar, BoC cut prospects weigh on loonie

USD/CAD hit monthly highs above 1.3750 as risk-off sentiment, rising yields, and Fed hike odds lifted dollar.

15

May 2026
Copper hits LME record as US tariff deadline nears, stockpiling tightens global supply

Copper hits record above $14,000/tonne as energy transition demand, looming US tariffs and tight supply support prices.

15

May 2026
Europe’s ‘global euro moment’ still unearned as fractured markets and savings drag on currency

Europe nears “global euro moment,” but fragmented capital markets and unused savings still constrain the euro’s role.

15

May 2026
Kiwi Holds Firmer as Oil Slides and Fed Pauses, Reversing Last Year’s Risk-Off Rout

NZD/USD hit two-week lows near 0.5840, pressured by risk-off sentiment, rising yields, weak PMI data.

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