{"id":431077,"date":"2026-05-28T20:00:10","date_gmt":"2026-05-28T13:00:10","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/2026\/05\/investinglive-european-markets-wrap-oil-up-stocks-down-on-continued-us-iran-tensions\/"},"modified":"2026-05-28T20:00:10","modified_gmt":"2026-05-28T13:00:10","slug":"investinglive-european-markets-wrap-oil-up-stocks-down-on-continued-us-iran-tensions","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/2026\/05\/investinglive-european-markets-wrap-oil-up-stocks-down-on-continued-us-iran-tensions\/","title":{"rendered":"investingLive European markets wrap: Oil up, stocks down on continued US-Iran tensions"},"content":{"rendered":"<div>\n<p>Headlines:<\/p>\n<ul>\n<li><a href=\"https:\/\/investinglive.com\/news\/iran-says-continues-us-strikes-are-violations-of-the-ceasefire-20260528\/\">Iran says continues US strikes are violations of the ceasefire<\/a><\/li>\n<li><a href=\"https:\/\/investinglive.com\/news\/iran-maintains-position-that-all-frozen-assets-must-be-released-without-conditions-20260528\/\">Iran maintains position that all frozen assets must be released without conditions<\/a><\/li>\n<li><a href=\"https:\/\/investinglive.com\/commodities\/gold-continues-to-slide-amid-lack-of-us-iran-breakthrough-and-hawkish-fed-risks-20260528\/\">Gold continues to slide amid lack of US-Iran breakthrough and hawkish Fed risks<\/a><\/li>\n<li><a href=\"https:\/\/investinglive.com\/Orders\/mild-dollar-selling-expected-going-into-month-end-fix-credit-agricole-20260528\/\">Mild dollar selling expected going into month-end fix &#8211; Credit Agricole<\/a><\/li>\n<li><a href=\"https:\/\/investinglive.com\/centralbank\/ecb-policymaker-lane-says-second-round-effects-would-persist-even-after-shock-reversal-20260528\/\">ECB policymaker Lane says second-round effects would persist even after shock reversal<\/a><\/li>\n<li><a href=\"https:\/\/investinglive.com\/centralbank\/ecb-policymaker-stournaras-confirms-a-rate-hike-in-june-is-the-most-likely-development-20260528\/\">ECB policymaker Stournaras confirms a rate hike in June is the most likely development<\/a><\/li>\n<li><a href=\"https:\/\/investinglive.com\/centralbank\/ecb-april-meeting-account-notes-that-upside-risks-to-inflation-had-intensified-20260528\/\">ECB April meeting account notes that upside risks to inflation had intensified<\/a><\/li>\n<li><a href=\"https:\/\/investinglive.com\/news\/euro-area-economic-sentiment-picks-back-up-a-little-in-may-but-headwinds-linger-20260528\/\">Euro area economic sentiment picks back up a little in May but headwinds linger<\/a><\/li>\n<\/ul>\n<p>Markets:<\/p>\n<ul>\n<li>WTI crude up 3% to $91.37<\/li>\n<li>Stocks move down, DAX and CAC 40 both lower by 0.5% on the day<\/li>\n<li>S&amp;P 500 futures down 0.3%, Nasdaq futures down 0.7%<\/li>\n<li>US dollar holds steadier across the board<\/li>\n<li>US 10-year yields up 2.5 bps to 4.506%<\/li>\n<li>Gold down 1.7% to $4,381<\/li>\n<\/ul>\n<p class=\"text-align-justify\">It was a slower session but one that saw markets move with caution as US-Iran tensions linger.<\/p>\n<p class=\"text-align-justify\">There&#8217;s still no official word on a framework agreement or memorandum of understanding, with hopes of it being &#8220;imminent&#8221; now fading. Iran continues to maintain a firm stance on their red lines and it remains to be seen how both sides will want to progress from here.<\/p>\n<p class=\"text-align-justify\">In the meantime, we&#8217;re seeing strikes continue between Israel and Lebanon and also with the US hitting Iran targets for the second time in three days. cEaSeFiRe MuCh?<\/p>\n<p class=\"text-align-justify\">Oil prices crept higher again as such with WTI crude up over 3% to $91.37 currently. Meanwhile, equities eased lower with major indices in Europe falling. The DAX and CAC 40 are both down by 0.5% on the day. US futures are also following suit with chipmakers lagging now. S&amp;P 500 futures are down 0.3% while Nasdaq futures are down 0.7%.<\/p>\n<p class=\"text-align-justify\">As the risk mood slides back, we&#8217;re seeing bond yields push higher too. 10-year Treasury yields are back up by 2.5 bps to be above 4.50% again. Meanwhile, 30-year yields are also sitting near 2 bps higher to be near 5.03% on the day.<\/p>\n<p class=\"text-align-justify\">In the major currencies space, the dollar held firmer for the most part but saw early gains pull back a little. EUR\/USD is down 0.1% to 1.1617 but was as low as 1.1585 earlier in the day. USD\/JPY continues to keep around 159.40-50 levels, with intervention risks looming large the closer the pair gets to the 160.00 mark. Meanwhile, AUD\/USD is down 0.3% to 0.7117 on the day.<\/p>\n<p class=\"text-align-justify\">Besides that, precious metals are also struggling hard with gold down 1.7% to $4,381 and silver down 2.1% to $73.03 at the moment. A dent to the recent optimism and renewed fears surrounding a more hawkish Fed are weighing on precious metals this week.<\/p>\n<p>                            This article was written by Justin Low at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Headlines: Iran says continues US strikes are violations of the ceasefire Iran maintains position that all frozen assets must be released without conditions Gold continues to slide amid lack of US-Iran breakthrough and hawkish Fed risks Mild dollar selling expected going into month-end fix &#8211; Credit Agricole ECB policymaker Lane says second-round effects would persist [&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-431077","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/431077","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=431077"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/431077\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=431077"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=431077"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=431077"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}