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Live Updates

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.

4

May 2026
Geopolitical unrest lifts the US Dollar, sending DXY back above 98, yet within recent lower ranges

Dollar index climbed above 98 as US–Iran tensions and rising oil pressured euro, yen; markets awaited jobs data.

4

May 2026
Commerzbank says oil boosts CAD briefly, but weak economy and USMCA talks limit USD/CAD falls till Q4

Oil boosts Canadian Dollar temporarily; lasting strength needs economic improvement, clearer BoC hikes, and resolved USMCA talks.

4

May 2026
EUR/JPY hovers near 184.00, dipping 0.04%, reflecting Eurozone resilience versus intervention-backed Yen demand

EUR/JPY near 184.00 as upbeat Eurozone data and ECB stance offset safe-haven Yen demand.

4

May 2026
HSBC Asset Management says US equities hit highs, keep valuation premium, with 2026 profit growth forecast 15%

Global valuations look fuller: US stays pricey but justified, Taiwan most expensive; Korea discounted; Brazil rerated.

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