Live Updates

    28 May 2026
    UAE gold prices ease as Fed pause bets and central bank demand underpin outlook

    UAE gold fell Thursday: AED 516.18/gram, tola AED 6,020.59, amid Fed pause hopes and risks.

    28 May 2026
    Iran IRGC action lifts oil and dollar, stokes volatility as investors seek havens and hedges

    IRGC claims it targeted US airbase; markets turn risk-off as oil, dollar, VIX rise sharply.

    28 May 2026
    US sanctions on Iran’s Hormuz authority lift WTI towards $90 as oil volatility jumps

    US sanctions Iran’s Hormuz transit authority as strait closure tightens supply, lifting WTI near $90 amid volatility.

    28 May 2026
    Goolsbee warns productivity hype and oil shocks could force higher rates as dollar firms

    Goolsbee warns supply and oil shocks, plus AI productivity hype, may fuel inflation, forcing higher rates.

    28 May 2026
    Sterling slips as US-Iran tensions lift dollar, softer UK data dims Bank of England outlook

    Sterling nears 1.3400 as US-Iran tensions lift dollar; BoE hike bets fade; PCE inflation awaited.

    28 May 2026
    Australia Capital Spending Beats Forecasts, Bolstering RBA Higher-for-Longer Rate Outlook

    Australia capex beats forecasts: +0.5% quarterly, +6.5% yearly, boosting AUD, equities; rates likely higher longer.

    28 May 2026
    PBoC sets firmer USD/CNY fixing, signalling tolerance for softer yuan as economic headwinds weigh

    PBoC fixed USD/CNY firmer yet weaker than estimates, signaling tolerance for softer yuan; traders hedge volatility.

    28 May 2026
    WTI rebounds towards $89 as US-Iran tensions and inventory draws lift risk premium

    WTI rebounded near $89 as US-Iran tensions and inventory draws boosted risk premium, supporting bullish prices.

    28 May 2026
    AUD/USD Slides as RBA Hike Bets Fade and Fed Hawkishness Lifts US Dollar

    AUD/USD slides near 0.7130 as RBA hike bets fade, Fed stays hawkish, tensions boost dollar.

    28 May 2026
    Overseas appetite for Japanese equities stalls as yen weakness and BoJ hike fears weigh

    Foreign demand for Japanese equities cooled sharply as net inflows collapsed, amid yen weakness and BoJ uncertainty.

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