Central banks watch Gulf spillovers and second-round effects, delaying policy shifts as Bailey and Lane temper tone.
US stocks surged as Israel–Lebanon truce began; Iran kept Hormuz open, oil plunged, investors eyed earnings, PPI ahead.
SP500 hit new highs near 7120, following seasonal/Elliott-wave setup; terminal fifth wave signals possible reversal soon.
San Francisco Fed’s Mary Daly says oil prices may affect inflation; Fed waits, with rate changes possible.
GBP/USD climbed as Iran reopened Hormuz and Lebanon ceasefire boosted sentiment, weakening the US Dollar.
Baker Hughes reported US oil rigs fell to 410 from 411, marking a weekly decrease of one.
GBP/USD climbs near 1.3600 as Hormuz reopens, dollar softens on Fed-cut bets, sterling buoyed by BoE pricing.
Gold climbed as hopes of a US-Iran deal reopened Hormuz, sinking oil and boosting Fed cut bets.
USD/CAD slips to 1.3670 as USD weakens; Strait of Hormuz reopens, oil drops; Canada CPI awaited.
AUD/USD neared 0.7200 as Hormuz de-escalation weakened the dollar; risk appetite rose, with bullish technicals.
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