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May 11, 2026 Oil Jumps as US-Iran Talks Stall Oil prices opened the week sharply higher, with WTI climbing above 101.80 and Brent near 104.40 after President Trump dismissed Iran’s latest counterproposal as “completely unacceptable.” Tehran responded by threatening “immediate retaliation” if...

Date: May 5, 2026 All eyes are on Friday’s US Nonfarm Payrolls report – the single most important data point this week. After the RBA rate hike and fresh geopolitical jitters from the Middle East, the April jobs numbers could set the tone for the US dollar, gold, and broader risk sentiment...

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Oil – Volatile Trump announced a US-led operation to guide ships out of the Strait of Hormuz. WTI gapped to 96.45 ,then recovered above98. Iran called it a "ceasefire violation." OPEC+ is raising output, but geopolitics still drives prices. Outlook: Oil volatile. Watch Hormuz headlines...

Overnight Development: Iran has submitted a new peace proposal to the White House, offering to reopen the Strait of Hormuz in exchange for the US lifting its port blockades. However, Tehran wants nuclear program talks postponed to a later stage. President Trump, briefed in the Situation Room, is...

If you’ve been watching the greenback this week, you’ve probably noticed a quiet but steady climb. The latest data just released shows the Dollar Index (DXY) ticking above expectations – and there’s more to the story than just numbers. According to today’s update from BCR – Bridge The...

US PMI & UK Retail Sales: What to Watch Today (Apr 24) Today, two events could set the tone for the weekend: US S&P Global Manufacturing PMI (Apr) at 0:45 GMT GB Retail Sales (MoM) (Mar) at 17:00 GMT (Also Saturday early morning: US Michigan Consumer Sentiment at 1:00 GMT) Why US...

US Forces Turn Back 29 Ships in Iran Blockade: Market Impact Short Analysis by BCR | April 23, 2026 The Strait of Hormuz crisis just escalated. US forces have ordered 29 commercial ships to turn back or return to port. Three tankers – Hero II, Hedy, and Dorena – attempted to break the blockade...