Sydney:12/24 22:26:56

Tokyo:12/24 22:26:56

Hong Kong:12/24 22:26:56

Singapore:12/24 22:26:56

Dubai:12/24 22:26:56

London:12/24 22:26:56

New York:12/24 22:26:56

2026-05-27 Wednesday

2026-05-30

19:00:04

The MBA Mortgage purchase Index for the week ending May 22 in the United States

Previous : 170.40 Forecast : -

Published Value 169.70

Previous

19:00:03

The MBA Mortgage Refinancing Activity Index for the week ending May 22 in the United States

Previous : 920.20 Forecast : -

Published Value 753.70

Previous

19:00:03

The 30-year fixed mortgage rate of the US MBA for the week ending May 22

Previous : 6.56% Forecast : -

Published Value 6.65%

Previous

19:00:03

The MBA Mortgage application Activity index in the United States for the week ending May 22

Previous : 283.50 Forecast : -

Published Value 259.40

Previous

18:33:33

[Iranian uncertainty limits pound's upside potential; UK energy price cap slashed by 13%, but supermarket inflation falls to 3.1%] ⑴ The pound weakened against the euro for the second consecutive trading day, remaining relatively stable against the dollar at 1.3452. Uncertainty surrounding the Middle East peace process kept traders cautious. While the nearly 7% drop in oil prices this week provided some respite for import-dependent currencies like the pound, the overall trading range was narrow and volatility was subdued, reflecting a lack of clear trading direction among investors. ⑵ On Wednesday, the UK energy regulator Ofgem slashed its energy price cap by 13%, the largest increase in over two years, mainly due to the Middle East conflict pushing up wholesale gas prices. Kathleen Brooks, head of research at XTB, pointed out that the increased use of renewable energy in the UK meant that this price cap increase was less than that during the 2022 Ukraine crisis. If a peace agreement is reached in the coming days and the Strait of Hormuz reopens, energy prices could fall further, thus limiting future bill increases. (3) Regarding supermarket inflation, Worldpanel data shows that in the four weeks ending May 17, the UK grocery inflation rate slowed to 3.1% from 3.8% in the previous period, the lowest pace since December 2024. However, the full impact of the Iranian conflict has not yet been fully transmitted to supermarket prices. Money market data indicates that traders expect the Bank of England to raise interest rates once this year, with a less than 50% chance of a second rate hike, suggesting that market concerns about the impact of inflationary pressures on the economy have eased compared to two weeks ago.

17:30:01

[Ethanol Enters Marine Fuel Market: Global Shipping Giant Deepens Roots in US Corn Belt, $152 Million in Export Value Awaits Release] ⑴ Alicia Koch, Global Ethanol Export Development Director of the US Grain and Bioproducts Council, stated that ethanol is rapidly emerging as a key candidate for marine fuel. International shipping and logistics company Maersk has comprehensively assessed its potential through pilot projects, policy development, and supply chain interactions. The Maersk team recently visited Indiana to conduct on-site inspections of sustainable corn farming and ethanol production facilities. ⑵ This visit followed a US delegation's visit to Maersk's Copenhagen headquarters earlier this year. The delegation toured the POET ethanol plant in Shelbyville, showcasing advancements in ethanol production technology and its potential as an alternative fuel for marine transport. With the assistance of partners such as the Indiana Corn Marketing Council, the US team was able to provide the Maersk team with in-depth insights into US agricultural practices and the environmental benefits of ethanol. ⑶ According to data released by ComplEat Analytics, grain and grain product exports added $290 million to the Indiana economy in 2024. Of these, corn exports were valued at US$937.7 million, ethanol exports at US$753 million, and ethanol by-product exports at US$387.8 million, representing increases of 148.6% and 42.2% respectively compared to 2023. Corn, ethanol, and by-products together generated US$1.52 billion in export value.

17:25:31

[Strait Crisis Impacts Australian Farms, Costs Soar by 60%, Price Transmission to Grains and Oils is Only a Matter of Time] ⑴ The supply disruption in the Strait of Hormuz has led to a significant increase in fertilizer and fuel prices, severely squeezing the profit margins of Australian farms. Dennis Voznesenski, an agricultural and sustainable development economist at CommBank, points out that over 40% of the world's urea, approximately 15% of its phosphate, and about 40% of its sulfur are blocked behind the strait, posing a major threat to Australian agriculture, which relies heavily on imported fertilizers. ⑵ Even if the strait reopens quickly, fertilizer shipments to Australia will still take 3 to 4 weeks. The next one to two weeks will be a critical window; if the strait becomes open, fertilizers are expected to arrive around mid-July, just in time for the crucial winter crop fertilization period. Currently, farm input costs have increased by 20% to 60%, while wheat, barley, and rapeseed prices have only increased by 13%, 15%, and 8% respectively. Revenue growth is far less than the increase in costs, significantly compressing profit margins. (3) Faced with high fertilizer costs and uncertainty, some farms have begun to adjust their planting strategies: reducing the planting area of wheat, which requires high nitrogen, and instead increasing the planting area of forage barley and legumes to fix nitrogen. Other farmers are reducing crop planting or postponing fertilization, but this may come at the cost of yield and quality. Voznesenski warned that if fertilizers are not available by July or prices do not fall, the market will realize the real production problems, at which point commodity prices will be impacted, and this will ultimately be transmitted to food prices.

17:06:36

[Japanese Government Bonds Show Late-Day Movement, Insurance Funds and Pension Funds Secretly Buy, Rushing to Buy Before Tomorrow's Trading] ⑴ Japanese government bond futures strengthened in late trading on Tuesday, with the main contract finally closing at 128.30, up 5 ticks from Monday, although it briefly fell to 128.15 during the session. The 10-year yield climbed to 2.73% in the morning before falling back, eventually dropping below 2.70% to 2.69%, while the 5-year yield closed down 3.5 basis points to 1.93%. ⑵ The auction results for 40-year government bonds today were stable. The compound yield of the newly issued 3.8% coupon JU19 bond was 3.84%, slightly lower than the 3.842% of the older JU18 bond at midday. The issuance size was 100 billion yen smaller than the previous one, with demand supported by orders from offshore accounts and three Japanese life insurance companies. However, the auction results did not exert downward pressure on longer-term bonds. Selling pressure emerged around 1:20 PM for the 20-year bond, with the yield briefly falling from 3.64% to 3.595%. (3) The market saw a significant rally in the last hour of trading, with ultra-long-term bonds strengthening in tandem. Analysts stated that purchases by Japanese pension accounts were the main driver of the afternoon rebound. Furthermore, the lack of active selling pressure in the market prior to the Bank of Japan's routine bond-buying operations on Wednesday also amplified the rise in government bonds.

16:09:39

Switzerland's Credit Suisse /CFA Economic Conditions Index for May

Previous : 9.10 Forecast : -

Published Value -2.80

Previous

16:03:33

LME Daily inventory changes in the UK on May 27th - Cobalt

Previous : 0 Forecast : -

Published Value -5

Previous

16:03:22

LME Daily inventory changes in the UK on May 27th - Primary aluminum

Previous : -125 Forecast : -

Published Value -100

Previous

16:03:14

LME Daily inventory changes in the UK on May 27th - Lead

Previous : -775 Forecast : -

Published Value -1350

Previous

16:03:04

LME Daily inventory changes in the UK on May 27th - Zinc

Previous : -1075 Forecast : -

Published Value -1550

Previous

16:02:48

LME Daily Inventory changes in the UK on May 27th - Tin

Previous : 15 Forecast : -

Published Value 265

Previous

16:02:18

LME Daily inventory changes in the UK on May 27th - Nickel

Previous : -186 Forecast : -

Published Value -822

Previous

16:02:04

LME Daily inventory changes in the UK on May 27th - Copper

Previous : -2375 Forecast : -

Published Value -2225

Previous

Real-Time Popular Commodities

Instrument Current Price Change

XAU

4539.78

44.19

(0.98%)

XAG

75.274

-0.343

(-0.45%)

CONC

87.76

-1.14

(-1.28%)

OILC

91.59

-0.81

(-0.88%)

USD

98.932

-0.077

(-0.08%)

EURUSD

1.1660

0.0001

(0.01%)

GBPUSD

1.3456

0.0001

(0.01%)

USDCNH

6.7632

0.0001

(0.00%)