Live Updates

2

May 2026
Gold rises for a second day, as Japan’s intervention weakens the US dollar and oil slips on Iran’s proposal

Gold gains as Japan intervenes, dollar weakens; Iran proposal eases oil; Fed stays hawkish, resistance near $4,700.

2

May 2026
Baker Hughes reports US oil rigs have risen to 408, increasing by one from 407

Baker Hughes says U.S. active oil rigs rose to 408, up one from the previous 407 count.

2

May 2026
DJIA futures hovered near 50,000, rising from 48,500 lows, as Iran offer eased tariff concerns

Futures rose toward 50,000; oil slid on Iran diplomacy; Apple jumped; Trump tariffs; mixed ISM data.

2

May 2026
With DXY near two-week lows, they watch Nonfarm Payrolls and US-Iran talks amid hawkish central banks

DXY hit two-week low near 98; markets eye US-Iran talks and key jobs data, including NFP.

2

May 2026
Trump stated he will raise tariffs on EU-imported cars and trucks, announcing the plan via Truth Social

Trump said US will impose 25% tariffs on EU cars and trucks next week, citing deal noncompliance.

2

May 2026
WTI crude retreats, paring weekly gains, as Iran’s proposal boosts optimism for renewed US-Iran diplomatic talks

WTI slid near $99 as new Iran proposal raised talk hopes; Hormuz risks persist; uptrend held.

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