May 13, 2026 12:27 pm
Key Moments Gold (XAU/USD) trades around $4,700 with intraday losses of about 0.25% as the US Dollar strengthens and Treasury yields rise. US headline CPI climbed to 3.8% year-on-year in April from 3.3% in March, its highest level since May 2023, pushing rate-hike expectations higher. India’s increase in Gold and Silver import tariffs from 6% […]
Read moreMay 13, 2026 9:32 am
Key Moments Europe’s share of LNG imports sourced from the United States rose to 63% in the first quarter, and is projected to reach roughly two-thirds in 2026. IEEFA projects Europe could obtain up to 80% of its LNG from U.S. suppliers by 2028 or 2029 as Middle East disruptions tighten the global market. Despite […]
Read moreMay 13, 2026 9:14 am
Key Moments The International Energy Agency now projects a 3.9 million bpd drop in global oil supply in 2026, assuming Strait of Hormuz flows gradually resume from June. The IEA forecasts world oil supply to undershoot demand by 1.78 million bpd in 2026, reversing its prior expectation of a 0.41 million bpd surplus. WTI Oil […]
Read moreMay 13, 2026 8:21 am
Key Moments WTI futures on NYMEX trade around $97.20 during Wednesday’s European session after giving back part of earlier gains. Hotter-than-expected April US CPI data at 3.8% YoY boosts expectations for a more hawkish Federal Reserve, weighing on demand prospects for oil. Concerns about a prolonged disruption in the Strait of Hormuz due to stalled […]
Read moreMay 13, 2026 7:47 am
Key Moments EUR/JPY traded roughly flat around 185.00 during Asian hours on Wednesday after modest losses the previous session. The OECD projected the Bank of Japan’s short-term policy rate could reach 2% by the end of 2027, while officials consider further near-term hikes. ECB policymakers signaled a higher likelihood of additional rate increases amid rising […]
Read moreMay 13, 2026 7:38 am
Key Moments Gold (XAU/USD) has been trading with a negative tone for a second consecutive day, unable to build on a rebound from multi-day lows around $4,638. Stronger-than-expected US CPI data lifted US rate hike expectations and pushed US Treasury yields higher, supporting the US Dollar and weighing on gold. Elevated US-Iran tensions and stalled […]
Read moreMay 12, 2026 2:08 pm
Key Moments Affirm Holdings (NASDAQ:AFRM) shares increased 2% after announcing a broader integration with Google. Affirm’s buy now, pay later option is being embedded into Google Search, including AI Mode, and the Gemini app via Google Pay. The rollout is scheduled to start in the coming weeks, with each transaction assessed individually and terms shown […]
Read moreMay 12, 2026 1:26 pm
Key Moments India is weighing emergency policy options to safeguard foreign exchange reserves as higher Oil prices strain the current account. The Reserve Bank of India has already stepped in to stabilize the Indian Rupee after it reached a record low, with reserves at $690.7bn as of May 1. Potential steps span domestic fuel price […]
Read moreMay 12, 2026 10:12 am
Key Moments Bitcoin was up 0.5% at $81,276.1 by 01:06 ET (05:06 GMT), after touching $82,000 over the weekend. Reports that U.S. President Donald Trump is weighing additional military options against Iran kept risk appetite subdued. Traders are focused on upcoming U.S. CPI data for signs that higher oil and gas prices from the Iran […]
Read moreMay 12, 2026 9:46 am
Key Moments Europe’s top court backed Italy’s telecoms regulator AGCOM. It confirmed the regulator can require Meta to compensate publishers for news snippets. The Court of Justice of the EU ruled that fair compensation is legal under EU law. Publishers can receive payment for online use of their content. Meta said it will review the […]
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