Forex Market News .. collected from serval sources, all in one place for you to review. entries in this category will be auto-removed after 90 days.
Senior Iranian source to Reuters:
Markets reversed earlier gains as Iran's President said on state TV that they won't back down in talks. The momentum then picked up when a "high-level source" told Al-Arabiya that the Pakistani Army Chief will not head to Tehran tonight.
This article was written by Giuseppe Dellamotta at investinglive.com.Iran's ILNA news agency posted on their Telegram channel an Al-Arabiya TV claim about US and Iran reaching an agreement on a draft mediated by Pakistan. They say it's expected to be announced in the next few hours. (h/t @LiveSquawk on X for catching this early)
The draft includes:
This is now getting more coverage. The risk sentiment…
There's nothing new here as he continues to repeat the same stuff over and over again. The key part is that he doesn't want tolls on the Strait of Hormuz, which is also what US Secretary of State Rubio said earlier in the session.
Despite all the positive and negative headline noise, the key issues remain and it's hard to envision them reaching a deal any time soon. I'm afraid that stock prices hovering around record highs continue to embolden Trump to keep his hawkish stance.
We saw how he folded at the end…
Manufacturing activity continued to increase in the tenth district, while expectations for future activity grew slightly from last month. Raw materials prices remained elevated this month, while growth for finished products rose modestly.
According to Cortney Cowley, assistant vice president and Oklahoma City Branch executive “manufacturing activity rose further in May, and firms anticipate continued growth in the months ahead. Firms continued to cite elevated cost pressures. Nearly two-thirds reported their input prices were changing more frequently than in 2025."
This month, contacts were asked special questions about changes in input and output prices and hiring and capital investment plan…
This shouldn't come as a surprise as the US has always said that a tolling system wouldn't be acceptable. That's also why we've been seeing markets staying on edge after the Iran and Oman report.
As a side note, according to Al Arabiya, Iran is studying a new agreement offered by Washington through Islamabad. The visit of the Pakistani army chief to Iran will only take place if it agrees to the agreement.
Rubio saying that "Pakistanis will travel to Iran today" might be a positive signal.
This article was written by Giuseppe Dellamotta at investinglive.com.Consumer confidence remains well below its long-term average and below the level observed before the outbreak of the conflict in the Middle East.
In April 2026, the Economic Sentiment Indicator (ESI) recorded a sharp drop in both the EU (-2.9 to 93.5) and the euro area (-3.2 to 93.0). Also the Employment Expectations Indicator (EEI) plummeted in both the EU (-4.0 points to 93.2) and the euro area (-4.6 to 91.7). Adding to the previous declines of February and March, both indicators have fallen markedly below their long-term averages of 100.
For background, the Eurozone Consumer Confidence Indicator (CCI) is the European Commission's flagship monthly gauge of household sentiment across the 21 euro-area members and is one of…
Iran and Oman are actively discussing a permanent security mechanism for the Strait of Hormuz. Iran is pushing to institutionalize and normalize a transit fee or toll on commercial shipping vessels navigating the narrow waterway. According to an Iranian diplomatic envoy, the proposed system is designed to secure the long-term positioning of Iran and Oman as the primary regulators of the strait, effectively transforming a temporary leverage point from the recent military conflict into a permanent sovereign right.
To formalize its grip, Iran’s newly established Persian Gulf Straits Authority began applying conditional rules and hefty transit tolls, in some cases exceeding one million dollars per vessel, while granting selective exemptions…
Key Findings:
Comment:
Chris Williamson, Chief Business Economist at S&P Global Market Intelligence: “The damaging economic impact from the war in the Middle East is becoming increasingly evident in the business surveys. The ‘flash’ PMI data for May recorded only modest growth of business activity as demand was again squeezed by a further spike in prices and jobs were cut as firms worried over rising costs and the economic outlook. “Coming on the heels of a subdued April reading, the May PMI indicates that the economy will struggle to manage annualized GDP growth of much more than 1% in the second…
Al Jazeera report, Ali Hashem, posted this on X which triggered downside in oil, USD and upside in stocks:
"A senior Iranian official denied to me reports that Supreme Leader Mujtaba Khamenei has issued a new order requiring enriched uranium to remain inside Iran, saying they are “propaganda by the enemies of the deal”. The official added “no new order has been issued” and that Tehran’s position has been consistent: Iran would downblend the material itself. “That is the subject of talks in the next stage,” the official said.
This article was written by Giuseppe Dellamotta at investinglive.com.Headlines:
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