Live Updates

    7 May 2026
    New York Fed survey flags rising short-term inflation expectations as markets pivot towards rate cuts

    New York Fed survey: US households see 12-month inflation rising to 3.6%, longer-term expectations unchanged.

    7 May 2026
    Gold pares gains as Hormuz tensions lift oil and dollar, while Fed signals higher-for-longer rates

    Gold pares gains as dollar, oil rebound on Hormuz tensions; Fed hawkish, data steady; XAU faces key resistance.

    7 May 2026
    Wall Street slips as Iran talks and earnings sway sentiment, with traders eyeing VIX hedges

    US stocks fell as small caps lagged; Iran talks and soft data weighed, despite mixed earnings.

    7 May 2026
    Nasdaq Composite Tops 26,000 as Tech Rallies on Iran Deal Hopes and Sliding Oil Prices

    NASDAQ hits record above 26,000 as tech rallies; oil slides on Iran-deal hopes; DDOG, FTNT soar.

    7 May 2026
    Silver climbs on softer Dollar and yields as oil slides on US–Iran deal optimism

    Silver climbs to three-week high near $80.60 as oil, yields, and dollar fall; rate-cut bets rise.

    7 May 2026
    Sterling Extends Three-Day Rally as Iran Deal Hopes Weigh on Dollar Ahead of US Payrolls

    GBP/USD gained 0.28% to 1.3627 on US-Iran deal hopes; markets await Fed speeches, payrolls.

    7 May 2026
    US equities advance on AI-led tech earnings as Europe lags; bitcoin holds above $80,000, eyes $90,000

    US shares rose on strong tech earnings; Europe lagged. Bitcoin held above $80k, eyeing $90k.

    7 May 2026
    US 4-Week T-Bill Yield Edges Higher, Reinforcing Market Bets on Delayed Fed Cuts

    Four-week U.S. Treasury bill auction yield rose to 3.61%, up 0.01 points from 3.60%.

    7 May 2026
    EUR/USD Rebound Runs Into 1.1825 as ECB Cut Talk and Fed Hold Deepen Policy Gap

    EUR/USD climbs 0.2% on risk sentiment, despite softer ECB hike bets; eyes 1.1825, range-bound near-term.

    7 May 2026
    Cleveland Fed’s Hammack flags Iran war and petrol-driven inflation risks, backing neutral rates stance

    Cleveland Fed’s Hammack cites uncertainty, Iran war risks, and price pressures, supporting neutral stance and steady rates.

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