Live Updates

    7 May 2026
    Goolsbee flags Fed debate on productivity’s inflation impact as markets brace for volatility spike

    Chicago Fed’s Goolsbee says the Fed debates productivity effects on inflation, as expectations-driven spending could raise prices.

    7 May 2026
    Trump’s China Visit Seen Extending Tariff Truce, Keeping Markets Range-Bound

    Trump’s China visit aims to steady ties, extend tariff truce, and pursue limited, practical trade concessions.

    7 May 2026
    WTI slides as US-Iran talks ease Hormuz supply fears despite supportive US stock drawdown

    WTI slid to $92.30 as US-Iran diplomatic progress eased supply fears; Trump paused Strait operation.

    6 May 2026
    Wall Street rallies on US-Iran deal hopes as oil slides and chip stocks surge

    US stocks surged on US-Iran deal hopes; oil fell; semiconductors rallied; AMD soared; yields stayed supported.

    6 May 2026
    BNY’s Yu warns crowded Latin American total-return trade unwinds as Mexico peso hedging rises

    Latin America FX and equities seen as one trade; currencies overheld, bond positions reversing unevenly, Mexico hedging rises.

    6 May 2026
    Silver jumps above $77 on US-Iran deal hopes as dollar and yields retreat

    Silver jumps 5.5% near $77 as US-Iran deal hopes weaken dollar, oil, yields; upside capped.

    6 May 2026
    Sterling climbs as US-Iran deal hopes weaken dollar, despite strong jobs data

    GBP/USD jumped 0.59% as Axios reported US-Iran deal hopes, weakening dollar despite strong US jobs data.

    6 May 2026
    Sterling rises as US-Iran deal hopes weaken dollar; traders weigh options amid shifting macro outlook

    GBP/USD climbed 0.59% as US-Iran peace deal hopes weakened dollar; ADP beat; oil plunged.

    6 May 2026
    EUR/USD climbs on possible US-Iran deal hopes as oil drops and Fed cut bets return

    EUR/USD climbed near 1.1750 as US-Iran deal hopes dented dollar, oil, yields; payrolls capped gains.

    6 May 2026
    AUD/USD Climbs on US-Iran Deal Hopes, but Strong US Jobs Data Caps Gains

    AUD/USD climbed near 0.7240 on US-Iran agreement hopes; risk sentiment improved, but strong ADP capped gains.

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