Live Updates

6

May 2026
April’s US ISM Services PMI came in at 53.6, slightly under the 53.7 forecast estimate

US ISM Services PMI eased to 53.6 in April, slightly below 53.7 forecast, still signaling expansion.

6

May 2026
In April, the US ISM Services Employment Index rose to 48, from 45.2 previously

US ISM Services Employment Index rose to 48 in April from 45.2, indicating slower employment decline.

6

May 2026
In April, the US ISM services new orders index dropped to 53.5 from 60.6 previously

ISM Services New Orders Index declined to 53.5 in April from 60.6, signaling slower services growth.

6

May 2026
BNY’s Bob Savage says Hormuz shipping gauges energy risk, while ceasefire doubts and possible US policy unsettle prices

Oil markets watch Hormuz shipping amid ceasefire doubts; US seeks strike authorization. Brent/WTI fall, Oman/Dubai rise.

6

May 2026
Goldman Sachs continues a bullish run, with Elliott Wave analysis outlining routes and targets beyond $1,000

Goldman Sachs shows bullish Elliott Wave setup, targeting $1035–$1114 if March 2026 low holds, new highs.

5

May 2026
After touching a record peak, USD/INR dips as the dollar eases, while tensions cap rupee gains

USD/INR dipped after record high as Middle East tensions and oil surge pressured rupee, spurring dollar demand.

5

May 2026
Societe Generale says Brent jumped 4% as Hormuz tensions outweighed the UAE’s OPEC and OPEC+ departure

UAE exits OPEC May 1; Brent rises 4% as Hormuz tensions dominate supply concerns and exports.

5

May 2026
Chris Turner says intervention’s effect on USD/JPY is waning, while energy, US yields and BoJ dovishness weaken yen

USD/JPY rebounds as intervention fades; BoJ sold $30bn, pressures persist; pair seen drifting toward 160.

5

May 2026
America’s Redbook Index rose year-on-year to 7.8%, edging up from the previous 7.7% reading

US Redbook Index annual growth ticked up to 7.8% in May, slightly above April’s 7.7% reading.

5

May 2026
Following a bearish pullback, Nasdaq bulls retest record highs near 28,800; breakout buys, reversal dips

Nasdaq retests all-time high; breakout may spur buying, rejection may cause pullback toward ET zones 7–8 soon.

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