WTI nears $103.20 as geopolitical risks and Iran talks support prices; Hormuz, India hikes keep focus.
US stocks slid as Treasury yields hit 19-year highs; semiconductors fell, oil dipped, and data loomed.
Sterling slipped as dollar and Treasury yields rose; UK jobs weakened, politics weighed, GBP/USD below key averages.
April Canada inflation rose on energy and base effects; core cooled, easing pressures, supporting unchanged Bank rates.
Trump said US may restart attacks on Iran, undecided, claiming Iran seeks deal; also mentioned Cuba needs help.
Germany pivots from autos/chemicals to defence, aerospace and electronics as China competition rises; orders surge despite risks.
Treasury yields surged as oil-driven inflation fears and deficit worries lift term premiums, delaying Fed cut expectations.
UAE leaving OPEC may weaken cartel, boost output, increase supply, and push structurally lower oil prices.
Euro slips versus Canadian dollar as oil rallies; soft Canadian inflation tempers BoC, Eurozone CPI awaited.
New Zealand’s Global Dairy Trade Price Index rose 0.6%, slowing from a previous 1.5% increase.
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