Dow Jones buys the Iran deal Trump described, not the one being negotiated

The Dow Jones Industrial Average (DJIA) punched out a fresh intraday record near 51,050 with the bid traceable to a Truth Social post in which President Donald Trump declared he…

Iran state TV says they destroyed a US aircraft. No US comment at this stage.

Iranian state television, citing local officials, said a U.S. aircraft was destroyed near Bushehr, Iran; the report has not been confirmed by U.S. authorities. Earlier, Tasnim said a missile had…

Volatility in EUR/USD Eases, but Market Risks Remain

EUR/USD ended Friday at 1.1640 following significant volatility during the previous session. Pressure on the US dollar emerged after reports suggested that the US and Iran had reached preliminary agreements…

Breaking: US President Trump says naval blockade will be lifted

In a post published on Truth Social on Friday, United States (US) President Donald Trump said that the naval blockade will be lifted and ships caught in the Strait of…

Gold extends recovery on US-Iran deal hopes, but hawkish Fed signals limit upside

Gold (XAU/USD) extends its rebound on Friday as traders assess the prospects of a potential US-Iran deal. At the time of writing, XAU/USD trades around $4,538 after recovering from a…

Russian official warns Europe to brace for more drone incidents after Romania episode

Russian official warns Europe to brace for more drone incidents after Romania episode Source link

Canada’s GDP Stalls in Q1 amid Import Surge and Weak Domestic Demand  

The Canadian economy was essentially flat in Q1 2026 (-0.1% q/q annualized), coming in below both the consensus forecast (1.5% q/q) and the Bank of Canada’s 1.5% projection. Weakness reflected…

Chart Alert: WTI Crude Is Entrenched in a Minor Downtrend Below 20-Day and 50-Day Moving Averages

Key takeaways WTI crude oil is on track for its worst monthly performance since April 2025, down 16% in May as easing US-Iran tensions reduce geopolitical risk premium. Technical signals…

Iran’s Top Negotiator Qalibaf: We have no trust in guarantees or words

In a post published on X on Friday, Iran's top negotiator Mohammad Baqer Qalibaf said they have no trust in guarantees or words, and added "only actions are the measures,…

European Commission vows tougher action on trade with China

European Commission vows tougher action on trade with China Source link