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A weekly overview of the financial markets.

Headlines: Week#20: 18-22; May 2026;

• US: Regime change at the Fed
• CH: Retail sales slow @ 0.2%
• JP: April core inflation soft @ 1.4%
• US: Dow up 300pts + SpaceX IPO
• Oil: Brent down 5% @ $103
• Gold: Dips 0.8% @ $4,500
• CBK: USD/KES @ 129.57
• CBK: FX Reserves @ $13.2B
• TBILL: 91-day rate @ 8.38%
• KE: Debt @ Kes 12.84 trillion
• KRA: Tax on retained earnings
• TOP: Pension funds = Private Trust

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