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News articleNasdaq· May 12, 2026

Dollar Rallies on Crude Oil Strength as Hot US CPI Report

View original at nasdaq.com
Dollar Rallies on Crude Oil Strength as Hot US CPI Report The dollar index (DXY00) today is up by +0.45%…
Opening lines of the source · Nasdaq · short snapshot — read the full document at the original

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The claims Via News extracted from this document. We point to the source; we don't replace it.

  • Markets are discounting a 77% chance of a 25 bp BOJ rate hike at the next policy meeting on June 16

    60% confidence
  • Swaps are discounting an 86% chance of a +25 bp rate hike by the ECB at the next policy meeting on June 11

    60% confidence
  • It is quite possible that the BOJ will raise the policy interest rate from the next policy meeting onward, even if the future course of the situation in the Middle East remains unclear

    60% confidence
  • Inflation risks are worsening and circumstances point to an ECB interest rate hike in June

    60% confidence
  • The current US-Iran ceasefire is on 'life support'

    60% confidence
  • Japan imports more than 90% of its energy needs, making the yen vulnerable to crude oil price surges

    60% confidence
  • Swaps markets are discounting the odds at 5% for a 25 bp rate cut at the next FOMC meeting on June 16-17

    60% confidence
  • Rich Asplund did not have (either directly or indirectly) positions in any of the securities mentioned in this article on the date of publication

    60% confidence
  • The worst part of the April CPI report is services inflation and the Fed has to think about how to break the chain of escalating inflation

    60% confidence
  • The US has an inflation problem

    60% confidence
  • Strong central bank demand for gold is supportive of gold prices following PBOC's eighteenth consecutive month of reserve increases

    60% confidence

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What we're seeing
Pharma Pipeline Catalysts and M&A Heat Up as AI-Designed Drugs Enter the Clinic
Late-September 2026 brought a dense run of clinical readouts: Novo Nordisk's CagriSema data at EASD, Lilly's ADtouch results for EBGLYSS, and Merck's tulisokibart Phase 2b result. Lilly's $2.9B Merida Biosciences acquisition and the 2026-11-14 FDA PDUFA date for ivonescimab sit alongside these as the main deal and regulatory events. AI-designed drugs such as rentosertib, and speculative AI-linked trial ventures such as QAIAx, are moving from hype toward clinical validation. Broader AI-sector regulatory and legal friction (Tesla Cybercab probe, xAI Minnesota ruling, OpenAI lawsuits) shows rising scrutiny that could spill into AI-driven healthcare.
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Satellite-Terrestrial Network Integration Acceleration
Increased investment and launches in hybrid satellite-cellular networks across telecom industry; competitive responses from other carriers; regulatory activity around satellite spectrum; expansion of emergency/rural connectivity use cases
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Where sources disagree
Apple Inc.
The observation date (2025-12-27) precedes Q1 2026, making it logically impossible to have actual Q1 2026 cash data at that point. Q1 2026 would not end until March 31, 2026. Additionally, the magnitude of the difference ($45.3B vs $132.42) is implausibly large even as a normal quarterly change for Apple. While different fiscal periods can show different values, the timing relationship here suggests a data integrity issue rather than legitimate period-over-period variation.
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