Live Updates

    5 May 2026
    TD Securities expects Canada’s March trade gap to shrink to CAD 1.5bn, boosted by exports, WTI, autos

    TD Securities expects Canada’s March trade deficit to narrow, as exports rise with higher energy prices.

    5 May 2026
    US equities sank as Persian Gulf tensions revived, pushing the Dow down 1,000 points from highs

    US stocks dropped as UAE interception reports stoked ceasefire fears; oil jumped, while investors awaited key US data.

    4 May 2026
    BNP Paribas expects eurozone growth to ease by 2026, while inflation rises into 2027, aiding ECB tightening

    Eurozone growth slows in 2026 amid Middle East spillovers; inflation rises, ECB expected to hike rates twice.

    4 May 2026
    GBP/USD declines as Hormuz tensions bolster the US dollar, with Iran warning the US Navy away

    GBP/USD slid as Middle East tensions boosted safe-haven dollar demand, despite later rebound on yen-intervention speculation.

    4 May 2026
    Katayama stated Japan stands ready, under a US bilateral accord, to counter speculative foreign-exchange movements decisively

    Japan warns of decisive FX action as USD/JPY tests 157.50; yen-buying interventions, oil risks persist.

    4 May 2026
    Gold starts the week near one-month lows; Middle East tensions and hawkish US outlook bolster the dollar

    Gold slid near one-month lows as US-Iran tensions and high yields pressured prices; support eyed near $4,400.

    4 May 2026
    EUR/GBP ticks up amid heightened Middle East volatility, as UK political uncertainty weighs slightly on sterling

    EUR/GBP rose as Middle East tensions and UK political uncertainty lifted volatility; oil-driven rate expectations supported sterling.

    4 May 2026
    Mercan says Turkey’s April CPI hit 32.4%, exceeding expectations and the central bank’s 16% target amid energy shocks

    Turkey’s April inflation hit 4.1%, lifting annual CPI to 32.4%, driven by food, housing, transport.

    4 May 2026
    Amid Hormuz tensions and Iran threats, the US Dollar strengthens, pushing GBP/USD down to 1.3531

    GBP/USD slid to 1.3531 as Hormuz tensions and higher oil boosted the dollar; markets await US data.

    4 May 2026
    Ahead of the RBA policy decision, AUD/USD hovers around 0.7190, with Middle East tensions capping gains

    AUD/USD hovers near 0.7190 pre-RBA decision; expected 25bp hike, fragile risk sentiment, key levels monitored.

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