Live Updates

    8 May 2026
    Canada jobless rate climbs to 6.9% as employment falls, weighing on the Canadian Dollar

    Canada’s unemployment rose to 6.9% in April; jobs fell 17.7K, wages cooled; USD/CAD stayed firm.

    8 May 2026
    Sterling Rallies as Risk Appetite Holds, Markets Eye US Payrolls and Bank of England Signals

    Sterling gained in Europe as risk appetite improved on US–Iran ceasefire hopes, ahead of key US jobs data.

    8 May 2026
    Trade Deficit Drive Weighs on Dollar as Steady Jobs Data Keeps Currency Range-Bound

    Narrowing US trade deficit may reduce dollar recycling into securities, weighing on USD; jobs and sentiment awaited.

    8 May 2026
    Gold edges up as China extends central bank buying streak amid Middle East tensions

    Gold edges higher on safe-haven demand; China’s central bank logs 18th straight month of purchases.

    8 May 2026
    Iran’s Araghchi condemns US tanker actions as markets shrug off Strait of Hormuz risk

    Iran condemns U.S. Navy actions against two tankers, rejects missile claims, and warns Tehran won’t yield.

    8 May 2026
    TD Securities job forecast upended as US payrolls surge, fuelling hawkish Fed repricing and hedging strategies

    TD Securities predicts 80k April payroll gain, driven by healthcare; unemployment 4.3%, earnings +0.2% m/m, 3.7% y/y.

    8 May 2026
    Silver jumps above $80 as dollar slips, with payrolls data and Middle East tensions in focus

    Silver jumped to $80.85 as dollar weakened; traders awaited US NFP data amid Hormuz tensions, ceasefire.

    8 May 2026
    Labour’s local election losses stoke Starmer resignation talk, raising EUR/GBP upside risks

    Labour suffers major UK local election losses; pending results pressure Starmer, weaken GBP, raising EUR/GBP and borrowing fears.

    8 May 2026
    Gold rallies past $4,891 after weak US jobs report revives Fed cut bets, dollar slides

    Gold steadied below two-week highs as traders awaited NFP; Hormuz tensions and softer oil supported prices.

    8 May 2026
    Brent crude whipsawed by Washington war signals as thin liquidity fuels $7bn suspicious trading surge

    Brent crude whipsawed on shifting US-Iran signals and thin liquidity, amid suspicious pre-announcement trading activity.

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