Live Updates

    5 May 2026
    BNY’s Bob Savage says Hormuz shipping gauges energy risk, while ceasefire doubts and possible US policy unsettle prices

    Oil markets watch Hormuz shipping amid ceasefire doubts; US seeks strike authorization. Brent/WTI fall, Oman/Dubai rise.

    5 May 2026
    Goldman Sachs continues a bullish run, with Elliott Wave analysis outlining routes and targets beyond $1,000

    Goldman Sachs shows bullish Elliott Wave setup, targeting $1035–$1114 if March 2026 low holds, new highs.

    5 May 2026
    After touching a record peak, USD/INR dips as the dollar eases, while tensions cap rupee gains

    USD/INR dipped after record high as Middle East tensions and oil surge pressured rupee, spurring dollar demand.

    5 May 2026
    Societe Generale says Brent jumped 4% as Hormuz tensions outweighed the UAE’s OPEC and OPEC+ departure

    UAE exits OPEC May 1; Brent rises 4% as Hormuz tensions dominate supply concerns and exports.

    5 May 2026
    Chris Turner says intervention’s effect on USD/JPY is waning, while energy, US yields and BoJ dovishness weaken yen

    USD/JPY rebounds as intervention fades; BoJ sold $30bn, pressures persist; pair seen drifting toward 160.

    5 May 2026
    America’s Redbook Index rose year-on-year to 7.8%, edging up from the previous 7.7% reading

    US Redbook Index annual growth ticked up to 7.8% in May, slightly above April’s 7.7% reading.

    5 May 2026
    Following a bearish pullback, Nasdaq bulls retest record highs near 28,800; breakout buys, reversal dips

    Nasdaq retests all-time high; breakout may spur buying, rejection may cause pullback toward ET zones 7–8 soon.

    5 May 2026
    Oil-backed Canadian dollar caps USD/CAD recovery, keeping pair stable near 1.3600 amid mild risk aversion

    USD/CAD dips to 1.3615 as US-Iran tensions support dollar, while high oil supports Canadian dollar.

    5 May 2026
    BBH’s Elias Haddad says Swiss inflation was mixed: energy lifted headline, while core fell markedly to lows

    Switzerland’s April CPI was mixed: headline rose to 0.6%, core hit multi-year low, easing SNB hike bets.

    5 May 2026
    The US dollar strengthens as hawkish Fed expectations, rising oil and Gulf tensions underpin short-term rates, aiding DXY

    Hawkish Fed and elevated oil prices lift short-dated US rates, supporting dollar as DXY targets 99–99.50.

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