Live Updates

7

May 2026
US stocks hit record highs as chipmakers surge, oil slides and high-yield spreads tighten

US stocks hit new highs as oil slid; chipmakers surged, AMD soared, and high-yield spreads tightened.

7

May 2026
Oil slides as Hormuz reopening talks spur risk-on shift, lifting equities and pressuring dollar

Al-Hadath sources say talks may reopen Strait of Hormuz, easing blockade; oil drops amid risk-on.

7

May 2026
USD/CAD edges higher as softer oil and US–Canada rate gap keep loonie under pressure

USD/CAD edges up near 1.3635 as oil weakens CAD; bearish below 1.3740, supports 1.3548.

7

May 2026
OCBC flags possible Japan yen-buying intervention as 158 becomes new USD/JPY line in the sand

OCBC says USD/JPY swings hint at yen intervention; lasting change needs BoJ support, lower yields and oil.

7

May 2026
EUR/GBP Range-Bound as UK Election Risks and Oil Prices Offset Eurozone Data Beats

EUR/GBP stabilizes near 0.8620 amid UK election uncertainty, Iran peace talks, elevated oil, and strong German orders.

7

May 2026
France’s Trade Deficit Widens in March, Weighing on Euro and Raising ECB Easing Bets

France’s March trade deficit widened to €6.9B, missing forecasts of €5.6B and signaling weaker trade performance.

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