Live Updates

28

May 2026
US sanctions on Iran’s Hormuz authority lift WTI towards $90 as oil volatility jumps

US sanctions Iran’s Hormuz transit authority as strait closure tightens supply, lifting WTI near $90 amid volatility.

28

May 2026
Goolsbee warns productivity hype and oil shocks could force higher rates as dollar firms

Goolsbee warns supply and oil shocks, plus AI productivity hype, may fuel inflation, forcing higher rates.

28

May 2026
Sterling slips as US-Iran tensions lift dollar, softer UK data dims Bank of England outlook

Sterling nears 1.3400 as US-Iran tensions lift dollar; BoE hike bets fade; PCE inflation awaited.

28

May 2026
Australia Capital Spending Beats Forecasts, Bolstering RBA Higher-for-Longer Rate Outlook

Australia capex beats forecasts: +0.5% quarterly, +6.5% yearly, boosting AUD, equities; rates likely higher longer.

28

May 2026
PBoC sets firmer USD/CNY fixing, signalling tolerance for softer yuan as economic headwinds weigh

PBoC fixed USD/CNY firmer yet weaker than estimates, signaling tolerance for softer yuan; traders hedge volatility.

28

May 2026
WTI rebounds towards $89 as US-Iran tensions and inventory draws lift risk premium

WTI rebounded near $89 as US-Iran tensions and inventory draws boosted risk premium, supporting bullish prices.

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