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4

May 2026
Bob Savage says the ECB leans towards a June rate cut, unlike the BoE awaiting confirmation

ECB signals possible June rate change, while BoE waits; diverging Nordic outlooks sway European pricing.

4

May 2026
During the European session, XAU/USD slides below $4,550, with sellers targeting prior lows near $4,500

Gold slid under $4,550 as US-Iran Hormuz tensions boosted dollar; traders eye $4,500 support, bearish.

4

May 2026
BNY’s Bob Savage says ECB signals June rate cut, while BoE waits for clearer evidence, shifting stance

ECB signals potential June rate cut, diverging from cautious BoE; Nordic banks watched as tightening expectations shift.

4

May 2026
During the European session, gold dips below $4,550, with bears targeting last Thursday’s $4,500 low

Gold slips below $4,550 as risk-off dollar strength, US-Iran tensions intensify; bearish technicals point toward $4,500.

4

May 2026
Reports of Iran striking a US warship drove crude oil higher amid escalating Middle East tensions in Europe

Oil prices surged 4% as Iran reported missiles hit a US warship near Strait of Hormuz.

4

May 2026
Reuters cited Fars saying two missiles struck a US warship near Jask after it ignored Iranian warnings

Iran claims missiles hit US warship near Jask; Navy blocked Hormuz entry, markets turned risk-off.

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