Live Updates

7

May 2026
Dollar Index drifts towards 98 as US-Iran deal hopes curb oil fears, jobs data limits losses

Dollar index nears 98; strong ADP limits losses as US-Iran deal hopes lift risk, pressure oil, boost gold.

7

May 2026
Philippines inflation spike revives BSP tightening bets as Middle East supply risks loom over peso

Philippines faces Middle East supply shocks, driving inflation and peso risks; BSP may hike despite weak growth.

7

May 2026
Gold jumps towards $4,700 as dollar and yields retreat while Fed stays hawkish amid tensions

Gold jumps 3% as dollar, yields fall; Iran-US talks ease oil, Fed holds rates, key levels.

7

May 2026
BNY iFlow Carry indicator dips as investors trim high-yield EM currencies amid rate-cut hints

BNY’s iFlow Carry briefly turned negative as high-yield currencies sold broadly, sparking emerging-market carry profit-taking fears.

7

May 2026
Dollar rebounds against yen as intervention fears linger, with oil risks and rate gaps in focus

USD/JPY rebounded after suspected Japanese intervention, while dollar softened on US-Iran deal hopes; oil risks buoyed yen.

7

May 2026
South Korea Inflation Hits 21-Month High, Fuel Caps Mute Pressure as BoK Turns More Hawkish

South Korea April inflation hit 2.6%, highest in 21 months; food fell, energy surged; rates may rise.

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