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Silver (XAG/USD) price collapses by 7.90% on Friday as US Treasury yields skyrocket amid investor fears of a second round of inflation, fueling speculation that major central banks could raise interest rates in the near term. The XAG/USD pair trades at $76.88 after reaching a high of $83.87.XAG/USD Price Forecast: Technical outlookIn the last two trading days, the white metal tumbled nearly 12% after peaking shy of $90.00, as sellers stepped in aggressively, pushing Silver spot prices below $77.00.From a momentum standpoint, the Relative Strength Index (RSI) shifted bearishly a day ago, suggesting sellers are gaining traction. Therefore, the path…
UOB’s Global Economics & Markets Research, led by Julia Goh and Loke Siew Ting, notes Malaysia’s 1Q26 Gross Domestic Product (GDP) grew 5.4% year-on-year, slightly above estimates but slower than 4Q25. Domestic demand and services remained key drivers, while external headwinds and the Middle East conflict are intensifying downside risks. UOB keeps its 2026 GDP growth forecast at 4.5% and expects Bank Negara Malaysia (BNM) to hold the Overnight Policy Rate at 2.75%.Growth slows as risks intensify”Although headline growth was robust in 1Q26, downside risks have intensified as the Middle East conflict enters its 11th week and the Strait of…
DBS Group Research economist Samuel Tse assesses how recent US-China talks are shaping the outlook for Chinese growth and Chinese Yuan (CNY) rates. He highlights a more constructive bilateral tone, prospects for improved US market access, and potential easing of trade frictions. Stronger exports and sector-specific agreements are seen supporting China’s economy and putting mild upward pressure on long-end CGB yields.Talks bolster Chinese growth expectations”The US and China concluded the first day of talks with separate readouts. While the market is still awaiting a concrete trade agreement, the constructive tone from both sides suggests a gradual easing of trade tensions.…
Gold price retreats by over 2.30% on Friday amid fears that prolonged hostilities between the US and Iran could trigger a second wave of inflation, forcing central banks to hike interest rates. The XAU/USD trades at $4,551 after bottoming at around $4,511.XAU/USD slides as yields surge and Fed cuts vanishUS Treasury yields are soaring, with the 10-year T-note coupon hitting yearly highs at 4.591%, up 10 basis points and poised to challenge the 2025 high of 4.627%. The Greenback has followed suit, as shown by the US Dollar Index (DXY), which tracks the performance of the American currency against the…
The US Dollar Index (DXY), which measures the Greenback against a basket of six major currencies, extends its rally on Friday, climbing to its highest level since April 8 as investors continue to favor the US Dollar (USD) amid hawkish Federal Reserve (Fed) expectations and persistent geopolitical uncertainty surrounding US-Iran negotiations.At the time of writing, the DXY trades around 99.20, putting the index on track for its first weekly gain in three weeks. The advance comes as traders reassess the US inflation outlook following another sharp rise in both Consumer Price Index (CPI) and Producer Price Index (PPI) data released…
The GBP/USD pair extends on Friday its losses for the fourth straight day, poised to finish the week down more than 2% as political turmoil in the UK and increased speculation that Prime Minister Keir Starmer’s successor could widen fiscal deficits weigh on the currency. At the time of writing, GBP/USD trades at 1.3343, its lowest level since April 8.GBP/USD drops as Starmer pressure and Oil shock deepenRisk aversion dominates the financial market as US President Donald Trump said that he is not happy with Iran. “I am not going to be much more patient,” he added, pressuring Tehran to…
The rupee has closed at all-time closing lows in each of the five trading sessions this week The rupee on Friday breached the 96 to the dollar mark for the first time, as US President Donald Trump’s latest social media post warning that the “war (West Asia) is to be continued” pushed crude oil prices up.Further, continuous sales by FPIs in the domestic equity markets pressured the Indian currency.However, the rupee closed a shade below the 96 mark, as RBI intervened in the market via dollar sales by State-owned banks.The Indian unit hit record intraday as well, closing lows of…
Deutsche Bank analysts highlight that the Dollar Index (DXY) strengthened as United States (US) yields moved higher and data remained resilient. Retail sales matched expectations, and the Atlanta Fed’s GDPNow estimate for Q2 was revised up, underscoring solid economic momentum. Short-end Treasury yields broke above 4%, while the 10-year yield reached a 10‑month high, underpinning the Dollar’s performance.Firm US data and yields back Dollar”And in turn, 2yr Treasury yields (+3.9bps) rose above 4% for the first time since June 2025.””The moves were more muted further out the curve however, with the 10yr Treasury yield (+1.3bps) inching up to a 10-month…
Rupee weakened to an all-time low on Friday, as oil prices neared $110 per barrel, intensifying economic challenges for the world’s third-biggest crude importer, with strains emerging in key indicators.The rupee fell 0.4% to 96.1350 per U.S. dollar, eclipsing its previous all-time low of 95.9575 hit in the previous session.The rupee ended the session at 95.9650, down 1.5% week-on-week.The currency has declined over 6% year-to-date and is Asia’s worst-performing unit, battered by persistent capital outflows and worries over the balance of payments strain as the Iran war keeps energy prices on the boil.Brent crude futures rose over 3% to $109…
The Indian rupee fell to an all-time low on Friday, as oil prices neared $110 per barrel, deepening challenges for India’s external sector, which have started to reflect in economic indicators.The rupee fell 0.3% to 96.05 per US dollar, eclipsing its previous all-time low of 95.9575 in the previous session.Published on May 15, 2026 Source