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Live Updates

22

May 2026
Draft US–Iran accord seen easing oil and volatility as sanctions relief looms

Reports claim US–Iran draft deal finalized via Pakistan, featuring ceasefire, sanctions easing, and Hormuz navigation guarantees.

22

May 2026
Sterling slides on energy costs as UK leadership contest lifts volatility, fiscal rules underpin outlook

Sterling tracks Euro lower on energy; political uncertainty may briefly boost volatility, but fiscal-rule continuity supports Pound.

21

May 2026
Euro rallies above 1.1900 as Fed pause contrasts with hawkish ECB and firmer Eurozone data

Euro hits six-week lows near 1.1585 as stronger dollar, Hormuz tensions, high oil and weak Eurozone PMIs.

21

May 2026
Sterling slips as Iran tensions lift oil, UK PMI sours and Fed minutes bolster dollar

GBP/USD slips to 1.3406 as Iran-deal doubts lift oil, boost dollar; UK PMI weak, US data firm.

21

May 2026
Standard Chartered sees RBI lifting FY27 repo rate to 5.75% as inflation and rupee pressures build

Standard Chartered sees RBI hiking FY27 repo to 5.75% on inflation risks, weak rupee, global yields.

21

May 2026
Four-week T-bill yield uptick trims Fed cut bets, bolstering higher-for-longer and dollar outlook

U.S. Treasury’s 4-week bill auction saw a 3.61% high rate, slightly above 3.605% previously.

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