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7

May 2026
QXO shares test year-long rising trendline near $19 as traders weigh bounce against breakdown

QXO tests long-term rising trendline near $19; support has held repeatedly, suggesting entry with tight stop.

7

May 2026
EIA crude stocks post smaller draw, raising doubts over summer demand and capping WTI upside

US EIA reports crude stockpiles fell 2.314 million barrels in week ending May 1, missing forecasts.

7

May 2026
Dollar stuck in tight range as payrolls fade and CPI steers Fed outlook

Dollar stuck near 98 DXY as volatility fades; payrolls seen capped, CPI and Middle East drive downside risks.

7

May 2026
Gold rallies as dollar and oil slide on US-Iran deal hopes; traders brace for volatility

Gold jumped over 3% as dollar and oil fell on progress toward US-Iran deal, easing tensions.

7

May 2026
EUR/GBP steady as Iran deal headlines fade; UK-EZ PMI gap favours sterling, options target 0.8500

EUR/GBP steadied near 0.8635 as US-Iran deal headlines and mixed PMIs left euro and pound directionless.

7

May 2026
Eurozone PMI Slump and Sticky Inflation Put ECB in Bind, Raising Downside Risks for Euro

Eurozone April PMI slumped into contraction; services hit multiyear low as costs and prices rose, pressuring euro.

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