Live Updates

28

May 2026
UAE gold prices ease as Fed pause bets and central bank demand underpin outlook

UAE gold fell Thursday: AED 516.18/gram, tola AED 6,020.59, amid Fed pause hopes and risks.

28

May 2026
Iran IRGC action lifts oil and dollar, stokes volatility as investors seek havens and hedges

IRGC claims it targeted US airbase; markets turn risk-off as oil, dollar, VIX rise sharply.

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.

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