Markets

28 May 2026
WTI rebounds towards $89 as US-Iran tensions and inventory draws lift risk premium

WTI rebounded near $89 as US-Iran tensions and inventory draws boosted risk premium, supporting bullish prices.

28 May 2026
API crude draw narrows to 2.8m barrels, tempering WTI momentum ahead of OPEC+ meeting

API reports US crude stock draw slowed to 2.8 million barrels, signaling easing tightness, capping prices ahead.

28 May 2026
Fed’s Cook backs steady rates, flags inflation upside risks and AI-led labour market uncertainty

Fed’s Cook urges steady rates; inflation risks persist; hikes possible, cuts if jobs weaken; volatility trades favored.

28 May 2026
Brent slides to $93 as Iran deal rumour sways oil despite White House denial

Crude slid on Iran MOU rumor despite White House denial, as tight inventories and Hormuz risks persist.

28 May 2026
US consumer confidence slips as petrol prices and Iran tensions cloud outlook for spending and markets

Conference Board confidence dipped to 93.1; inflation, gas and Iran conflict strain plans, raising volatility, hedging interest.

28 May 2026
Brent dips below $100 as Iran deal hopes clash with export bottlenecks and subdued US supply growth

Brent dips below $100 on Iran deal hopes, but logistical delays and weak US output limit supply.

28 May 2026
Markets Price June ECB Hike, Euro Seen Gaining if Iran De-escalation Undermines Dollar Demand

Markets already priced June ECB hike; Iran conflict easing boosts euro, weakens dollar, supports EUR/USD call spreads.

27 May 2026
Brent recoups part of sell-off as US–Iran deal optimism fades and volatility spikes

Brent rebounds then slips as US-Iran deal hopes fade; volatility jumps amid Hormuz demands, asset talks concerns.

27 May 2026
RBNZ Holds OCR at 2.25% as Split Vote Flags Hikes; Standard Chartered Sees Three Moves

RBNZ held OCR at 2.25% on a 3–3 split, signalling hikes ahead as inflation rises.

27 May 2026
Italian Industrial Sales Surge Lifts Outlook for FTSE MIB, Raises BTP Yield Pressure

Italy’s industrial sales surged 4.4% in March, boosting equities outlook and pressing bond yields higher.

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