Live Updates

    7 April 2026
    Sterling gains against the dollar as ceasefire optimism fades, raising US strike fears before Trump’s deadline

    Sterling gained 0.2% near 1.3241 as Middle East tensions rose; weak US data pressured dollar.

    7 April 2026
    Dow falls 380 points, ending four winning sessions, as traders fret Iran ultimatum and oil hits $116

    US stocks slid amid Iran-Hormuz tensions; oil jumped above $116, while Broadcom rose on AI deals.

    7 April 2026
    Sterling gains against the dollar as ceasefire rumours soothe nerves, though talks falter and US strike risks rise

    GBP/USD rose above 1.3240 on ceasefire hopes, but Middle East escalation, oil surge, and weak US data weighed.

    7 April 2026
    Ahead of Trump’s Iran deadline, the DJIA fell 380 points as risk soured and oil exceeded $116

    Stocks slid on Iran-Hormuz tensions; Dow -380, S&P -0.9, Nasdaq -1.3; oil surged; Broadcom jumped; data weak.

    7 April 2026
    Markets see USD/JPY hovering near 160 amid volatility after Trump suggests nuclear war during Israel-US-Iran tensions

    USD/JPY neared 159.95 amid Israel-US-Iran tensions, Trump warnings, Iran cutting talks; pair stayed technically supported.

    7 April 2026
    US consumers expect inflation to reach 3.4% within a year, according to New York Fed survey data

    New York Fed survey shows one-year inflation expectations rising to 3.4%, driven by higher petrol and food prices.

    7 April 2026
    US consumers now anticipate 3.4% inflation within a year, according to New York Fed’s March survey

    NY Fed survey: one-year inflation expectations jump to 3.4% on fuel, food; rates likely on hold.

    7 April 2026
    With Trump’s Iran deal deadline nearing, cautious markets weaken the dollar, lifting the euro versus it

    EUR/USD climbs as dollar softens amid Trump Iran deadline, oil risks, and shifting Fed/ECB inflation expectations.

    7 April 2026
    On Tuesday, the euro strengthens versus the dollar as traders await Trump’s Iran deadline and Hormuz uncertainty

    Euro gains as dollar weakens amid Iran deadline fears, elevated oil, inflation risks, and diverging Fed-ECB outlook.

    7 April 2026
    MUFG’s Derek Halpenny says Middle East tensions raise US inflation, boosting March CPI, weakening jobs indicators

    Middle East conflict lifts oil, boosting expected March CPI; higher petrol prices complicate Fed rate-cut outlook.

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