Live Updates

5

May 2026
WTI oil jumps over 3% as Iran hits UAE, stoking Hormuz disruption fears and retaliatory expectations

WTI jumped 3% above $102 as Middle East tensions flared, Fujairah attacked, Hormuz shipping risks rose.

5

May 2026
Dutch manufacturing expands as firms stockpile amid Middle East disruptions, lifting Nevi PMI to 2022-highs

Dutch manufacturing output rises as firms stockpile amid Middle East disruptions; demand strengthens, but outlook cautious.

5

May 2026
TD Securities expects Canada’s March trade gap to shrink to CAD 1.5bn, boosted by exports, WTI, autos

TD Securities expects Canada’s March trade deficit to narrow, as exports rise with higher energy prices.

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.

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