Live Updates

22

May 2026
Bank Indonesia delivers 50bp rate hike to 5.25% to bolster rupiah, flags further tightening

Bank Indonesia unexpectedly hiked rates 50bp to 5.25% to defend rupiah, curb inflation; more rises possible.

22

May 2026
Dow tops 50,000 as US-Iran draft deal talk cools oil, shifts Fed rate outlook

Dow initially sank on higher oil and yields, then surged on reports of imminent US-Iran deal announcement.

22

May 2026
USD/CAD pares gains on US-Iran draft deal reports as oil slips and data awaited

USD/CAD eased after US-Iran talks headlines; dollar and oil slipped; traders await deal confirmation, key data.

22

May 2026
Crude oil retreats as Iran deal chatter shifts focus from Hormuz risk to supply outlook

Crude oil rose then fell as Iran deal rumors grow, shifting focus from Hormuz fears to reopening.

22

May 2026
Euro area PMI rebound shifts ECB focus to rate cuts as inflation cools and volatility ebbs

Euro area composite PMI fell to 47.5 in May as Gulf conflict lifts costs, deepening contraction.

22

May 2026
Barkin says Fed policy well placed as consumer spending holds and rate path hinges on data

Barkin says Fed policy is well positioned; future rate moves depend on consumer spending, business responses, inflation expectations.

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