Live Updates

8

May 2026
Iran’s Araghchi condemns US tanker actions as markets shrug off Strait of Hormuz risk

Iran condemns U.S. Navy actions against two tankers, rejects missile claims, and warns Tehran won’t yield.

8

May 2026
TD Securities job forecast upended as US payrolls surge, fuelling hawkish Fed repricing and hedging strategies

TD Securities predicts 80k April payroll gain, driven by healthcare; unemployment 4.3%, earnings +0.2% m/m, 3.7% y/y.

8

May 2026
Silver jumps above $80 as dollar slips, with payrolls data and Middle East tensions in focus

Silver jumped to $80.85 as dollar weakened; traders awaited US NFP data amid Hormuz tensions, ceasefire.

8

May 2026
Labour’s local election losses stoke Starmer resignation talk, raising EUR/GBP upside risks

Labour suffers major UK local election losses; pending results pressure Starmer, weaken GBP, raising EUR/GBP and borrowing fears.

8

May 2026
Gold rallies past $4,891 after weak US jobs report revives Fed cut bets, dollar slides

Gold steadied below two-week highs as traders awaited NFP; Hormuz tensions and softer oil supported prices.

8

May 2026
Brent crude whipsawed by Washington war signals as thin liquidity fuels $7bn suspicious trading surge

Brent crude whipsawed on shifting US-Iran signals and thin liquidity, amid suspicious pre-announcement trading activity.

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