US Dollar rallies on strong ADP jobs data and Trump’s Iran remarks

US Dollar rallies on strong ADP jobs data and Trump’s Iran remarks

Here is what you need to know for Wednesday, May 20: The US Dollar Index (DXY) strengthens toward the 99.30 region after the latest ADP employment report showed US private employers added 42,250 jobs on average over the previous four weeks, marking the strongest reading since the weekly series began in October 2025. Meanwhile, United […]

Mixed April data signals challenges – HSBC

Mixed April data signals challenges – HSBC

HSBC reviews China’s April 2026 data, noting soft Retail Sales and a sharp fall in Fixed Asset Investment alongside resilient services and solid Industrial Production. CPI remains stable while PPI accelerates on Oil and AI-related demand. Exports and Imports both show strong year-on-year gains, reflecting external AI demand and industrial upgrading despite domestic demand headwinds. […]