Live Updates

    8 May 2026
    Canada sheds 18,000 jobs as unemployment rises, curbing bets on Bank of Canada hikes in 2026

    Canada lost 18,000 jobs in April, unemployment rose to 6.9%, reducing expectations for BoC hikes.

    8 May 2026
    Euro Rally Falters on Widening US Rate Advantage as Options Skew Turns Defensive

    Euro gains as risk mood supports; ECB tightening bets fade; options less bearish; EUR/USD targets 1.1825.

    8 May 2026
    Oil slips despite Hormuz flare-up as traders focus on demand risks and rising option volatility

    US, Iranian media report activity near Hormuz; alleged US airstrikes, explosion in Sirik; oil falls.

    8 May 2026
    Gold steadies below two-week high as mixed US payrolls and oil risks shape outlook

    Gold slipped to $4,726 after mixed US jobs; weaker dollar supported, but higher rates capped momentum.

    8 May 2026
    PBoC extends 18-month gold buying streak with April top-up as central bank demand stays firm

    PBoC boosted gold reserves in April, adding 8.1 tonnes and extending its buying streak to 18 months.

    8 May 2026
    GBP/JPY edges higher as weak yen, high oil and yield gap support carry trade

    GBP/JPY climbed to 213.31 as weak Yen, high oil prices, and rate gaps supported gains.

    8 May 2026
    TD Securities Sees April US CPI Accelerating, While Markets Brace for Higher-for-Longer Fed Rates

    TD Securities forecasts April US CPI rising: core 0.38% m/m (2.8% y/y); headline 0.56% (3.7%).

    8 May 2026
    US jobs cool as inflation stays sticky, leaving Federal Reserve outlook uncertain and volatility trades favoured

    April US payrolls beat forecasts at 115K; unemployment stayed 4.3%, participation dipped, wages rose 3.6%. Dollar fell.

    8 May 2026
    Canada jobless rate climbs to 6.9% as employment falls, weighing on the Canadian Dollar

    Canada’s unemployment rose to 6.9% in April; jobs fell 17.7K, wages cooled; USD/CAD stayed firm.

    8 May 2026
    Sterling Rallies as Risk Appetite Holds, Markets Eye US Payrolls and Bank of England Signals

    Sterling gained in Europe as risk appetite improved on US–Iran ceasefire hopes, ahead of key US jobs data.

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