Live Updates

5

May 2026
US equities sank as Persian Gulf tensions revived, pushing the Dow down 1,000 points from highs

US stocks dropped as UAE interception reports stoked ceasefire fears; oil jumped, while investors awaited key US data.

5

May 2026
BNP Paribas expects eurozone growth to ease by 2026, while inflation rises into 2027, aiding ECB tightening

Eurozone growth slows in 2026 amid Middle East spillovers; inflation rises, ECB expected to hike rates twice.

5

May 2026
GBP/USD declines as Hormuz tensions bolster the US dollar, with Iran warning the US Navy away

GBP/USD slid as Middle East tensions boosted safe-haven dollar demand, despite later rebound on yen-intervention speculation.

5

May 2026
Katayama stated Japan stands ready, under a US bilateral accord, to counter speculative foreign-exchange movements decisively

Japan warns of decisive FX action as USD/JPY tests 157.50; yen-buying interventions, oil risks persist.

5

May 2026
Gold starts the week near one-month lows; Middle East tensions and hawkish US outlook bolster the dollar

Gold slid near one-month lows as US-Iran tensions and high yields pressured prices; support eyed near $4,400.

5

May 2026
EUR/GBP ticks up amid heightened Middle East volatility, as UK political uncertainty weighs slightly on sterling

EUR/GBP rose as Middle East tensions and UK political uncertainty lifted volatility; oil-driven rate expectations supported sterling.

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