Oil Market Update: Peace Deal Optimism Fades as Hormuz Tensions Keep Traders Alert
Oil prices turned sharply volatile after reports suggested that the U.S. and Iran had reached a final draft of a peace agreement, raising hopes that geopolitical risk in the Middle East could ease. Brent and WTI initially gave up gains as the market priced in the possibility of lower war-risk premiu
USD supported by energy risks, Brent rises above 111 USD, gold falls to 4548 as markets remain defensive
The Forex market on May 19, 2026 continued to trade in a cautious environment as geopolitical tensions involving Iran, global energy supply risks, and political uncertainty in Europe simultaneously weighed on investor sentiment. Capital flows are increasingly rotating back into defensive assets, whi
Weekly Economic Calendar: Week of 25 - 29 May 2026
Weekly Economic Calendar: Week of 25 - 29 May, 2026 (GMT+8) This week’s economic calendar is heavily focused on Japan GDP, UK labour and inflation data, Eurozone CPI, U.S. FOMC Meeting Minutes, crude oil inventories, UK PMI data, U.S. manufacturing indicators, U.S. jobless claims and UK r