Live Updates

    7 May 2026
    German orders rebound but Iran conflict stokes defensive bets on DAX, euro and volatility

    German industrial orders rose 5% in March; conflict-driven energy uncertainty threatens demand, risking Q2 2026 contraction.

    7 May 2026
    Canada’s tariff edge narrows ahead of USMCA review, raising hedging demand for loonie and equities

    NBC says Canada’s tariff edge is shrinking; manufacturing is vulnerable, and averages hide provincial and industry risks.

    7 May 2026
    Mixed Eurozone data and UK election fallout raise fiscal risk, pressuring bonds and EUR/USD

    Euro area retail slipped; EU rose. Construction PMI hit 41.7. UK election losses raised fiscal risks, impacting bonds, EUR/USD.

    7 May 2026
    EUR/GBP steadies near 0.8640 as UK election risks and Middle East headlines cap the Pound

    EUR/GBP holds near 0.8641 as UK election uncertainty and Middle East headlines shape Sterling and Euro outlook.

    7 May 2026
    Whirlpool shares plunge 20% on earnings miss, guidance cut and dividend suspension amid housing and cost strains

    Whirlpool shares plunged 20% after earnings miss; loss widened, guidance cut, dividend suspended amid geopolitical, housing, inflation pressures.

    7 May 2026
    Hormuz blockade tightens oil supply, Brent near $100 with $150 risk and stagflation fears

    Hormuz disruption cuts 9–10 mbpd; Brent nears $100, could hit $150, fueling inflation, stagflation, gold pressure.

    7 May 2026
    US Unit Labour Costs Slow to 2.3%, Bolstering Dovish Fed Bets and Supporting Equities

    US unit labour costs rose 2.3% annualized in Q1, down from 4.4%, indicating easing labor cost pressures.

    7 May 2026
    US Continuing Jobless Claims Miss Forecast, Underpinning ‘Higher for Longer’ Fed Rate Outlook

    US continuing jobless claims fell to 1.766 million, under 1.8 million forecast, indicating fewer recipients than expected.

    7 May 2026
    US four-week jobless claims average falls, reinforcing higher-for-longer Fed stance and delaying cuts

    US four-week average initial jobless claims dropped to 203.25K ending May 1, from 207.5K previously.

    7 May 2026
    US jobless claims fall to 200,000, Fed cut odds ease as ‘higher for longer’ view builds

    US initial jobless claims totaled 200,000 in week ending May 1, beating forecasts by 5,000 overall.

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