Category Archives: Live Updates

live updates

Bank Indonesia delivers 50bp rate hike to 5.25% to bolster rupiah, flags further tightening

Written on May 22, 2026 at 9:19 am, by

Bank Indonesia unexpectedly hiked rates 50bp to 5.25% to defend rupiah, curb inflation; more rises possible.

Dow tops 50,000 as US-Iran draft deal talk cools oil, shifts Fed rate outlook

Written on May 22, 2026 at 9:19 am, by

Dow initially sank on higher oil and yields, then surged on reports of imminent US-Iran deal announcement.

USD/CAD pares gains on US-Iran draft deal reports as oil slips and data awaited

Written on May 22, 2026 at 8:50 am, by

USD/CAD eased after US-Iran talks headlines; dollar and oil slipped; traders await deal confirmation, key data.

Crude oil retreats as Iran deal chatter shifts focus from Hormuz risk to supply outlook

Written on May 22, 2026 at 8:49 am, by

Crude oil rose then fell as Iran deal rumors grow, shifting focus from Hormuz fears to reopening.

Euro area PMI rebound shifts ECB focus to rate cuts as inflation cools and volatility ebbs

Written on May 22, 2026 at 8:19 am, by

Euro area composite PMI fell to 47.5 in May as Gulf conflict lifts costs, deepening contraction.

Barkin says Fed policy well placed as consumer spending holds and rate path hinges on data

Written on May 22, 2026 at 8:19 am, by

Barkin says Fed policy is well positioned; future rate moves depend on consumer spending, business responses, inflation expectations.

Draft US–Iran accord seen easing oil and volatility as sanctions relief looms

Written on May 22, 2026 at 7:49 am, by

Reports claim US–Iran draft deal finalized via Pakistan, featuring ceasefire, sanctions easing, and Hormuz navigation guarantees.

Sterling slides on energy costs as UK leadership contest lifts volatility, fiscal rules underpin outlook

Written on May 22, 2026 at 7:48 am, by

Sterling tracks Euro lower on energy; political uncertainty may briefly boost volatility, but fiscal-rule continuity supports Pound.

Euro rallies above 1.1900 as Fed pause contrasts with hawkish ECB and firmer Eurozone data

Written on May 22, 2026 at 7:19 am, by

Euro hits six-week lows near 1.1585 as stronger dollar, Hormuz tensions, high oil and weak Eurozone PMIs.

Sterling slips as Iran tensions lift oil, UK PMI sours and Fed minutes bolster dollar

Written on May 22, 2026 at 6:49 am, by

GBP/USD slips to 1.3406 as Iran-deal doubts lift oil, boost dollar; UK PMI weak, US data firm.