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Economists agree: ECB to hike interest rates by 25 bps to 2.5% in September - Reuters
According to a Reuters poll, the European Central Bank (ECB) will hike its deposit rates by 25 basis...
Australian Dollar caught between hawkish RBA, Iran-related inflation risks
AUD/USD trades around 0.7055 on Thursday at the time of writing, little changed on the day....
U.S. Energy Secretary: Iran Cuts Oil Output as Exports Collapse
Iran has cut oil production by roughly 400,000 barrels per day (bpd) as exports stall and storage runs out, according to U.S. Energy Secretary Chris Wright. “It looks like they’ve likely already cut b ...
Sector Update: Energy Stocks Lower Thursday Afternoon
Energy stocks declined Thursday afternoon with the NYSE Energy Sector Index and the State Street Ene
‘Blissful ignorance’: Milken elite bask in glow of roaring markets
Financiers at the Beverly Hills gathering brush aside concerns over Iran conflict and private market strains
Pound Sterling Price News and Forecast: GBP/USD climbs as US-Iran peace hopes weaken US Dollar
GBP/USD advances by some 0.28% on Thursday as the US and Iran appear close to signing a peace deal that could reopen the Strait of Hormuz, while keeping issues like the nuclear program unresolved. At ...
EBay permanently bans GameStop CEO Ryan Cohen for putting its community ‘at risk’ following takeover attempt
The GameStop chief, who proposed acquiring eBay for $55.5 billion Monday, was selling GameStop-related merchandise through his account.
Adobe Falls 27% YTD, Trades at a Discount: What Should Investors Do?
Adobe is down 26.7% YTD and trades at a low 10.08 P/E as it ramps GenAI across Creative Cloud, yet muted sentiment suggests wait and see.
U.S. Cracks Down on Iraq Oil Links to Iran
The United States has sanctioned Iraq’s deputy oil minister and several Iran-aligned militia leaders, stepping directly into a part of the oil trade that has been operating in the gray since the war b ...
IMF warns new AI models risk ‘systemic’ shock to finance
Fund says preparations needed for ‘inevitable’ AI-enabled breaches of financial institutions’ cyber defences
USD/SGD: Range trading with downside bias – OCBC
OCBC strategists Sim Moh Siong and Christopher Wong see USD/SGD consolidating as markets await clarity on a potential US–Iran deal. The pair has slipped slightly on tentative optimism, but Iran has ye ...
Exchange-Traded Funds Fall as US Equities Drop Midday on Labor Data, Iran Tumult
Broad Market Indicators Broad-market exchange-traded funds IWM and IVV fell. Actively traded I
Beef is very expensive right now — and Shake Shack just lost money for the first time in years
The burger chain’s shares were dropping nearly 30% in the face of cost inflation and challenging consumer sentiment.
Stock Market Today, May 7: Rally Slows at Midday as Investors Watch Iran Developments
Arm Holdings tumbled on demand concerns, and markets await progress on reopening the Strait of Hormuz, today, May 7, 2026.