Spain Unemployment Change below expectations (-18.6K) in April: Actual (-62.668K)

May 5, 2026

USD/INR: Underperformance risk and capital outflows – MUFG

Michael Wan at MUFG highlights that the Indian Rupee entered the Iran conflict period already facing strong capital outflows, shaping its vulnerability. The Reserve Bank of India is reportedly considering measures to attract Dollar inflows, including a possible FCNR swap scheme and tax changes.

Silver: Downside risks build on geopolitical shock – OCBC

OCBC strategists Sim Moh Siong and Christopher Wong highlights renewed weakness in Silver as Middle East tensions and higher Oil prices weigh on risk sentiment.