US Imposes Fresh Iran Oil Sanctions Despite Progress on Ceasefire Talks 
Asian Stocks Rally as AI Boom and Iran Ceasefire Progress Lift Market Sentiment 
Gold Prices Slip as Stronger Dollar and Iran Peace Talk Uncertainty Weigh on Market 
Wall Street Reaches New Record Highs as AI Boom and Iran Ceasefire Hopes Boost Markets 
Canada and Germany Advance Major LNG Supply Partnership 
Wall Street Hits New Highs as U.S.-Iran Ceasefire Talks Boost Market Sentiment 
UK Grocery Inflation Slows to 3.1% as Supermarket Price Pressures Ease in May 2026 
ECB’s Philip Lane Warns Middle East Conflict Could Keep Inflation Elevated 
Asian Currencies Steady as U.S.-Iran Ceasefire Extension Hopes Weigh on Dollar 
Oil Prices Fall as Markets Await U.S.-Iran Peace Deal Decision 
South Korea Central Bank Holds Interest Rates Steady Amid Inflation Concerns 
Oil Prices Set for Sharp Weekly Losses as U.S.-Iran Ceasefire Hopes Ease Supply Concerns 
Asian Markets Slide as New U.S. Strikes on Iran Spark Investor Caution 
Iran-U.S. Nuclear Talks Remain Unresolved as Strait of Hormuz Risks Keep Markets on Edge 
S&P 500 Hits Record High as Tech Rally Slows Amid Iran Peace Uncertainty 
Nikkei Hits Record High as AI Chip Stocks Power Japan Market Rally 
European Stocks Rise as AI Optimism Offsets U.S.-Iran Tensions 
Mainland Chinese stocks surged to multi-year highs after returning from an extended break, fueled by investor excitement over Beijing’s aggressive stimulus measures. The CSI300 blue-chip index jumped 5.5% in early trade to reach its highest point since July 2022, while the Shanghai Composite Index climbed 5.2%, marking its highest level since December 2021.
However, this optimism did not extend to other Asian markets. Hong Kong’s Hang Seng Index dropped 2.5%, driven by a 5.3% slump in its Mainland Properties Index. Overall, MSCI’s Asia-Pacific index outside Japan fell by more than 1%.
Experts suggest that the Chinese market’s rise reflects investor confidence in the local market, while profit-taking could be behind Hong Kong's decline. Investors now await further details on China's stimulus pledges.
Meanwhile, fears of a Middle East conflict disrupted global markets. Brent crude briefly surged above $90 per barrel due to concerns about oil supply disruptions, but later retreated. Additionally, U.S. Treasury yields held steady as investors reconsidered the likelihood of further interest rate hikes from the Federal Reserve following strong U.S. jobs data.
