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Mozambique Holds Key Rate Unchanged for 2nd Meeting
The Bank of Mozambique kept its key MIMO interest rate unchanged at 9.25% in May 2026, maintaining it at the lowest level since December 2015 and marking a second consecutive......
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TSX Rises on US-Iran Deal Hopes
The S&P/TSX Composite Index climbed nearly 1% on Monday, moving above the 34,500 mark, as markets were buoyed by indications that the United States and Iran are edging closer......
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Ibovespa Gains on US-Iran Peace Deal Prospects
The Ibovespa inched higher on Monday, trading close to the 177,000-point level as growing hopes for a deal to end the war in Iran buoyed risk appetite. US President Donald......
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Israeli Shekel Strengthens to 33-Year High
The Israeli shekel strengthened to around $2.88, its highest level since 1993, following a sharp 20% appreciation over the past year. In May, the Bank of Israel cut its benchmark......
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Bank of Israel Resumes Easing Cycle as Expected
The Bank of Israel lowered its benchmark interest rate by 25 basis points to 3.75% at its May 2026 meeting, as widely expected, following two consecutive meetings in January......
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TSX Futures Rise on Progress in US-Iran Talks
Futures linked to the S&P/TSX Composite Index advanced on Monday, lifted by signs that the United States and Iran may be closing in on a peace agreement. US President Donald......
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Canada's Wholesale Trade Seen Slightly Higher in April
Canada’s wholesale trade is projected to have inched up 0.1% month over month in April 2026, following a 1.9% increase in March. The modest advance is partly attributable to stronger......
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Mexico Posts Larger-Than-Expected Trade Surplus
Mexico’s trade balance swung to a surplus of $4.52 billion in April 2026, from a marginal deficit of $0.04 billion in the same month a year earlier, exceeding market expectations......
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FTSE MIB Hits Record as Oil Falls on Iran Deal Hopes
Italy’s FTSE MIB index hit a record intraday high of 50,114 points on Monday before paring some of its gains, as crude oil prices slumped on rising expectations that......
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Uranium Eases to 2-Month Low
Uranium futures in the US slipped below $85 per pound in late May, the lowest level in nearly two months, after trading in a tight range for much......
