Market News

US-Iran deal optimism pushed equities higher and oil lower Thursday as Hormuz reopening hopes collided with mixed global PMI data in a volatile, headline-driven session.

Australia’s weak jobs report knocked AUD lower as traders trimmed RBA hike expectations and worried about slowing economic momentum.

U.K. CPI fell to 2.8% in April, but sticky wages complicate the BOE’s path. What do they mean for gilts and Sterling?

Oil prices tumbled on renewed diplomatic optimism over US-Iran talks while FOMC minutes reinforced a hawkish pivot, lifting equities and gold even as the dollar slid broadly.

Australia’s April jobs report could test AUD’s rally as traders weigh softer hiring risks against sticky inflation pressures.

Canada’s headline CPI heated up in April, but softer core inflation helped Loonie recover and finish higher against most majors.

Treasury yields hit multi-year highs and the U.S. dollar strengthened as Iran war inflation fears kept Fed rate hike speculation alive, while gold and equities fell sharply.

UK payrolled employees fell 100,000 in April — the biggest monthly drop since COVID — as the Iran war energy shock hammers businesses and sends the unemployment rate rising.

The U.K. inflation reports lands a day after the jobs release, likely keeping the focus on U.K. fundamentals while the economy also navigates political uncertainty. Can the CPI figure push sterling in a strong direction?

Monday’s markets whipsawed on conflicting US-Iran diplomatic signals, with oil surging on stalled ceasefire talks before Trump called off a planned Tuesday strike following Gulf leaders’ appeals.

China’s latest data beat the headline but hid real cracks — and for AUD/USD traders, those cracks matter a lot.

Canada’s CPI report could decide whether the Loonie shrugs off higher energy prices or starts pricing in broader inflation trouble.

With political uncertainty weighing on sterling these days, can the upcoming U.K. jobs report cut through the noise and turn the focus back to fundamentals? Here’s what to look out for.

Hotter-than-expected CPI, a blowout PPI, a new Fed chair, and a Beijing summit long on ceremony but short on breakthroughs — for the dollar, a very good week.

The CLARITY Act passed the U.S. House, pushing bitcoin sharply higher. Learn what the CLARITY Act means for crypto markets and why regulatory clarity moves prices.

Thursday’s markets were shaped by AI-driven equity momentum, resilient U.S. consumer spending data, and a landmark Trump-Xi summit that kept risk sentiment broadly supported throughout the session.

The UK economy grew 0.6% in Q1 2026, matching forecasts and marking its fastest growth in a year — but analysts warn the best may already be behind it.

U.S. retail sales rose 0.5% in April 2026 for a third straight monthly gain, but inflation-driven gas prices are flattering the headline number.

This week gave forex traders two inflation surprises in two days, and neither one was good news for rate cuts.

Warsh has been confirmed as Fed Chair and the U.S. economic landscape that he faces has become way messier than before.