{"id":431018,"date":"2026-05-27T18:40:06","date_gmt":"2026-05-27T11:40:06","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/2026\/05\/investinglive-european-markets-wrap-equities-extend-rally-awaiting-us-iran-deal\/"},"modified":"2026-05-27T18:40:06","modified_gmt":"2026-05-27T11:40:06","slug":"investinglive-european-markets-wrap-equities-extend-rally-awaiting-us-iran-deal","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/2026\/05\/investinglive-european-markets-wrap-equities-extend-rally-awaiting-us-iran-deal\/","title":{"rendered":"investingLive European markets wrap: Equities extend rally awaiting US-Iran deal"},"content":{"rendered":"<div>\n<p>Headlines:<\/p>\n<ul>\n<li><a href=\"https:\/\/investinglive.com\/news\/us-and-iran-know-what-the-puzzle-pieces-are-but-can-they-fit-them-all-together-20260527\/\">US and Iran know what the puzzle pieces are, but can they fit them all together?<\/a><\/li>\n<li><a href=\"https:\/\/investinglive.com\/stocks\/us-futures-continue-to-push-up-as-investors-stay-more-optimistic-20260527\/\">US futures continue to push up as investors stay more optimistic<\/a><\/li>\n<li><a href=\"https:\/\/investinglive.com\/forex\/usdjpy-continues-to-nudge-higher-in-testing-japans-intervention-limits-20260527\/\">USD\/JPY continues to nudge higher in testing Japan&#8217;s intervention limits<\/a><\/li>\n<li><a href=\"https:\/\/investinglive.com\/commodities\/gold-drops-to-two-month-lows-as-precious-metals-struggle-despite-us-iran-optimism-20260527\/\">Gold drops to two-month lows as precious metals struggle despite US-Iran optimism<\/a><\/li>\n<li><a href=\"https:\/\/investinglive.com\/centralbank\/feds-kashkari-says-far-too-soon-to-predict-what-the-next-policy-move-should-be-20260527\/\">Fed&#8217;s Kashkari says far too soon to predict what the next policy move should be<\/a><\/li>\n<li><a href=\"https:\/\/investinglive.com\/news\/french-consumer-sentiment-slumps-further-in-may-falling-to-lowest-since-march-2023-20260527\/\">French consumer sentiment slumps further in May, falling to lowest since March 2023<\/a><\/li>\n<\/ul>\n<p>Markets:<\/p>\n<ul>\n<li>WTI crude lower by 3.5% to $90.50<\/li>\n<li>DAX up 0.6% and CAC 40 up 0.9%<\/li>\n<li>S&amp;P 500 futures up 0.3% on the day<\/li>\n<li>US dollar steady, little changed; AUD down after softer CPI data, NZD up on more hawkish RBNZ<\/li>\n<li>US 10-year yields down 1.6 bps to 4.475%<\/li>\n<li>Gold down 1.3% to $4,447<\/li>\n<\/ul>\n<p class=\"text-align-justify\">It was another session in waiting for the US and Iran to announce their supposedly imminent &#8220;deal to end the conflict&#8221;.<\/p>\n<p class=\"text-align-justify\">And once again, it serves as a good reminder that all of this is mainly angled to seeing both sides sign off on a memorandum of understanding to facilitate nuclear discussions next. Markets remain optimistic for the most part but we&#8217;ll have to watch for the details when said deal is announced at some point this week.<\/p>\n<p class=\"text-align-justify\">Oil prices continue to drop lower as equities extend the rally since the start of the week. WTI crude is down another 3.5% to $90.50 while European stocks look to end the month with a flourish. The DAX is up 0.6% and is closing in on record levels again with the CAC 40 up 0.9% to erase the drop from yesterday.<\/p>\n<p class=\"text-align-justify\">Looking to US futures, S&amp;P 500 futures are up 0.3% with Nasdaq futures up 0.7% as tech shares continue the sizzling run this week in following up from the record closes yesterday. Up, up, and away.<\/p>\n<p class=\"text-align-justify\">Elsewhere, the dollar itself is lightly changed with not all too much to work with during the session. USD\/JPY is up 0.1% to 159.40 with EUR\/USD up 0.1% also to 1.1638 currently. The aussie is the laggard after a softer inflation data earlier in the day, with AUD\/USD down 0.5% to 0.7130. Meanwhile, the kiwi is the lead gainer on a more hawkish RBNZ with NZD\/USD up 0.8% to 0.5880 currently.<\/p>\n<p class=\"text-align-justify\">Besides that, precious metals were in focus too with gold dropping to fresh two-month lows on the day. More hawkish central bank bets are arguably a key factor in dragging down precious metals, with gold seen lower by over 1% to $4,447.<\/p>\n<p class=\"text-align-justify\">Will we finally see the US-Iran deal\/memorandum of understanding officially announced later today?<\/p>\n<p>                            This article was written by Justin Low at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Headlines: US and Iran know what the puzzle pieces are, but can they fit them all together? US futures continue to push up as investors stay more optimistic USD\/JPY continues to nudge higher in testing Japan&#8217;s intervention limits Gold drops to two-month lows as precious metals struggle despite US-Iran optimism Fed&#8217;s Kashkari says far too [&hellip;]<\/p>\n","protected":false},"author":216,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-431018","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/431018","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=431018"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/431018\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=431018"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=431018"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=431018"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}