Live Updates

4

May 2026
Reuters cited Fars saying two missiles struck a US warship near Jask after it ignored Iranian warnings

Iran claims missiles hit US warship near Jask; Navy blocked Hormuz entry, markets turned risk-off.

4

May 2026
Geopolitical unrest lifts the US Dollar, sending DXY back above 98, yet within recent lower ranges

Dollar index climbed above 98 as US–Iran tensions and rising oil pressured euro, yen; markets awaited jobs data.

4

May 2026
Commerzbank says oil boosts CAD briefly, but weak economy and USMCA talks limit USD/CAD falls till Q4

Oil boosts Canadian Dollar temporarily; lasting strength needs economic improvement, clearer BoC hikes, and resolved USMCA talks.

4

May 2026
EUR/JPY hovers near 184.00, dipping 0.04%, reflecting Eurozone resilience versus intervention-backed Yen demand

EUR/JPY near 184.00 as upbeat Eurozone data and ECB stance offset safe-haven Yen demand.

4

May 2026
HSBC Asset Management says US equities hit highs, keep valuation premium, with 2026 profit growth forecast 15%

Global valuations look fuller: US stays pricey but justified, Taiwan most expensive; Korea discounted; Brazil rerated.

4

May 2026
Societe Generale expects Bank Rate to stay at 3.75% until 2026, after 8–1 MPC vote, unless US-Iran conflict drives hikes

BoE holds 3.75% rate; economists see stability through 2026, but conflict-driven energy spikes could prompt rises.

4

May 2026
UOB strategists expect the ECB to maintain policy, delivering one 25-basis-point rate rise in June

UOB sees ECB mostly steady, one June hike; inflation peaks 2026, energy risks, conflict modest growth hit.

4

May 2026
Risk-averse mood strengthens the US Dollar, pushing AUD/USD below 0.7227, near 0.7200 in Europe

AUD/USD eased near 0.7200 as safe-haven USD rose; markets await RBA decision amid inflation and Hormuz tensions.

4

May 2026
May saw Eurozone investor morale improve slightly, as Sentix Investor Confidence rose to -16.4 from -19.2

Eurozone Sentix confidence improved in May, but Germany weakened; EUR/USD stayed near 1.1720, unchanged.

4

May 2026
OCBC strategists say gold consolidates after rebounding from 4510, as elevated oil prices cloud Fed-inflation outlook

Gold consolidates after rebounding from 4510; oil-driven inflation and Fed expectations steer momentum between key support/resistance.

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