Live Forex News
Real-time financial news from around the world.
Published Monday β Friday, 24 hours a day.
United States
US Budget Deficit Narrows in May
The US government recorded a $293 billion budget deficit in May 2026, compared with a $316 billion gap a year earlier, but wider than forecasts of a $275 billion shortfall. Government outlays declined to $628 billion from $687 billion. The largest spending categories were Social Security ($140 billion), net interest payments ($107 billion), Medicare ($87 billion), and health programs ($82 billion). Meanwhile, receipts fell to $335 billion from $371 billion. The main sources of revenue were social insurance and retirement contributions ($157 billion), individual income taxes ($152 billion), and corporate income taxes ($11 billion). In the first eight months of fiscal year 2026, the federal budget deficit totaled $1.25 trillion.
United States
CVS Health Stock Price Hits 3-1/2-year High
CVS Health shares increased to 98.44 USD, the highest since December 2022. Over the past 4 weeks, CVS Health gained 6.71%, and in the last 12 months, it increased 49.74%.
United States
US Stocks Fall More Than 1%
US stocks extended their losses on Wednesday, with the S&P 500 falling 1.1%, the Nasdaq declining 1.3%, and the Dow Jones plunging 660 points. Investor sentiment remained under pressure as renewed tensions in the Middle East drove oil prices higher. President Trump reiterated threats of a forceful response against Iran, stating that Tehran had taken too long to negotiate a deal. Technology and semiconductor stocks also came under renewed selling pressure amid persistent concerns about elevated AI-related valuations and growing investor caution ahead of SpaceX's highly anticipated IPO on Friday. Among the notable decliners, Nvidia fell 2.9%, Broadcom dropped 3.7%, AMD lost 4.5%, and Micron Technology slid 4.1%, while Tesla retreated 3.4%. Industrial stocks were likewise hit by broad-based selling. On the economic front, the latest CPI report showed that US annual inflation accelerated to 4.2% in May. However, core inflation rose by a softer-than-expected 0.2% on a monthly basis.
Agricultural Commodities Updates: Cocoa Falls by 2.27%
Top commodity losers are Cocoa (-2.27%) and Sugar (-1.21%). Gains are led by Butter (1.90%), Coffee (1.74%) and Rapeseed (1.54%).
Metals Commodities Updates: Gold Drops by 3.49%
Top commodity losers are Gold (-3.49%), Platinum (-1.51%) and Copper (-1.10%). Gains are led by Silicon (3.21%), Iron Ore CNY (1.51%) and Lithium Carbonate (1.22%).
Energy Commodities Updates: Natural Gas UK Gains by 4.19%
Top commodity gainers are Natural Gas UK (4.19%), Natural Gas EU (3.76%), Gasoline (3.20%), Crude Oil WTI (2.69%) and Brent Crude Oil (2.36%).
United States
Qualcomm Stock Price Hits 4-week Low
Qualcomm shares decreased to 191.01 USD, the lowest since May 2026. Over the past 4 weeks, Qualcomm lost 19.48%, and in the last 12 months, it increased 19.92%.
Russia
Russia Inflation Rate at Near 3-Year Low
Russia's headline annual inflation rate fell for the second month to 5.3% in May 2026, down from 5.6% in April and below market estimates of 5.4%. This was the lowest reading since August 2023, but it remains well above the CBRβs target of 4%. Food price growth slowed to 2.9%, compared to 4% in April, as fruit and vegetable prices continued to decline (-10.4% vs -6.6%). Meanwhile, prices advanced faster for services (10.1% vs 9.9%) and non-food products (4.2% vs 3.9%). The core rate edged down to 4.9% in May from 5% in the previous month. On a monthly basis, the CPI rose by 0.2%, after a 0.1% increase in the prior month, in line with forecasts.
United Kingdom
UK Stocks Outperform
Londonβs FTSE 100 reversed early losses to close around 0.3% higher at 10,255 on Wednesday, recovering from the previous sessionβs decline and outperforming major European peers. The main support came from Tritax Big Box REIT, which jumped 4.9% after confirming it had secured a successful appeal for its Β£360m Heathrow data centre project, boosting sentiment across property-linked stocks. Broader gains were supported by Entain, insurer Admiral Group and grocer Tesco. Among heavyweights, Shell and BP provided key uplift, alongside defensives British American Tobacco, Unilever, GSK and Compass Group, all rising between 1%-2%. On the downside, miners such as Endeavour Mining (-4.1%), Fresnillo (-1.7%) and Glencore (-0.9%) weakened. UK lenders faced pressure too, with HSBC down 1.3% and Standard Chartered falling 1.1%, following a JP Morgan note on the impact of new Chinese regulations.
Euro Area
European Stocks Slip Ahead of ECB
European stocks ended lower on Wednesday, with the STOXX 50 declining 0.4% and the STOXX 600 remaining flat, as investors adopted a cautious stance amid renewed Middle East tensions following US-Iran strikes and ahead of the ECBβs monetary policy decision on Thursday. The ECB is widely expected to raise interest rates by 25 basis points, with investors closely monitoring policymakersβ signals on the future path of monetary policy. In the US, the May CPI report confirmed inflation reached a three-year high of 4.2%, matching expectations and reinforcing bets on a Federal Reserve rate hike in December. Meanwhile, UK lenders extended losses from the previous session after a JP Morgan note warned of a potentially greater impact from new Chinese regulations. STMicroelectronics also closed slightly lower, despite an upgrade to "buy" from "neutral" by BofA Global Research.
US Natural Gas Prices Edge Up
US natural gas prices edged up to $3.19 per MMBtu, supported by forecasts for above-normal temperatures in the second half of June, which are expected to boost cooling demand. However, prices remain below the recent highs seen earlier in the month. According to LSEG, average gas production in the US Lower 48 has eased to 108.8 billion cubic feet per day in June, down from 109.7 bcfd in May. While the decline in output has helped narrow the storage surplus, inventories remain about 5% above the five-year seasonal average, pointing to broadly comfortable supply conditions heading into the summer. Meanwhile, net flows to major LNG export terminals have fallen to 16.3 bcfd so far in June from 17.1 bcfd in May, as seasonal maintenance at facilities including Golden Pass and Freeport LNG in Texas continues to weigh on export volumes.
Bonds Update: Brazil 10Y Bond Yield Gains by 14 bps
Government bonds yields are higher on Wednesday. Top gainers are Brazil 10Y (13.50bps), Germany 10Y (1.15bps), Japan 10Y (1.08bps) and US 10Y (0.60bps).
Canada
Canada 10-Year Yield Steady After BoC Rate Hold
Canadaβs 10-year government bond yield held steady near 3.5% after the Bank of Canada left its benchmark interest rate unchanged at 2.25%, in line with expectations. The central bank noted that uncertainty remains elevated amid escalating tensions in the Middle East and new US tariff proposals, while reiterating that it stands ready to act if necessary and will not allow higher energy prices to feed persistent inflation. Markets continue to price in a 25bps rate hike by December. However, the 10-year yield remains below its May highs, tracking a decline in US Treasury yields as investors speculate that a potential USβIran agreement could help ease geopolitical tensions.
Canada
Canadian Dollar Strengthens After BoC Holds Rates
The Canadian dollar strengthened slightly to around 1.39 per US dollar after the Bank of Canada left its key interest rate unchanged at 2.25%, as widely expected. The central bank noted that uncertainty remains elevated amid escalating tensions in the Middle East and new US tariff proposals, but reiterated that it stands ready to act if needed and will not allow higher energy prices to feed sustained inflation. Investors largely expect the central bank to raise borrowing costs by 25bps in December. Still, the loonie remained near December lows, as the conflict with Iran continued to support demand for the US dollar as a safe haven.
FX Updates: Norwegian Krone Rises by 0.45%
Top currency gainers are Norwegian Krone (0.45%), Mexican Peso (0.41%), Indian Rupee (0.29%), British Pound (0.16%) and Euro (0.08%). Biggest loser is Japanese Yen (-0.08%). Meanwhile Dollar Index was little changed.
United States
Equinix Stock Price Hits 8-week Low
Equinix shares decreased to 1043.00 USD, the lowest since April 2026. Over the past 4 weeks, Equinix lost 3.78%, and in the last 12 months, it increased 16.95%.
South Africa
South African Rand Subdued
The South African rand hovered around 16.5 per USD, near the lowest since mid-May, pressured by falling prices of key precious metals, particularly gold and PGMs. Markets turned cautious as Middle East tensions flared again with USβIran strikes, while President Trumpβs remarks unsettled a fragile ceasefire and clouded hopes for a broader peace deal. Meanwhile, the South African Reserve Bank (SARB) noted in its Financial Stability Review that the oil price shock could prolong inflationary pressures, increasing the likelihood of further tightening. It added that its quarterly projection model now suggests another rate hike in 2026 following the 25-basis-point increase on May 28. The central bank raised the key repo rate by 25 bps to 7.0%, the first hike in three years, in a defensive response to mounting inflationary pressures stemming from the Middle East conflict.
United States
McDonalds Stock Price Hits 4-week High
McDonalds shares increased to 285.33 USD, the highest since May 2026. Over the past 4 weeks, McDonalds gained 3.89%, and in the last 12 months, it decreased 5.04%.
United States
US Crude Inventories Drop for 7th Week
US crude inventories fell by 7.228 million barrels in the week ended June 5, 2026, marking the seventh consecutive weekly decline and surpassing expectations for a 4 million barrel draw. Stocks at the Cushing, Oklahoma hub also decreased by 801,000 barrels, extending their decline for a seventh week. Refinery activity increased, with crude runs rising by 81,000 barrels per day. In contrast, gasoline inventories rose by 186,000 barrels, defying forecasts for a 0.5 million barrel decline, while distillate stocks, including diesel and heating oil, increased by 200,000 barrels, compared with expectations for a 0.5 million barrel draw. Net US crude imports rose by 525,000 barrels per day over the week.
Brazil
Ibovespa Slips as US-Iran Tensions Escalate
The Ibovespa edged down to trade below 169,500 on Wednesday amid escalating tensions in the Middle East. Oil prices rebounded following renewed retaliatory attacks between the US and Iran, while hopes for a deal that could restore oil flows through the Strait of Hormuz faded. Higher crude prices pushed bond yields up on concerns about energy-driven inflation and reinforced expectations of a more hawkish BCB. Market pricing now suggests a pause in the central bank's easing cycle at next week's meeting, with investors increasingly betting that the next move in interest rates will be upward. Banks traded lower, with ItaΓΊ and Bradesco down about 1%, while utilities also weakened, with Axia shedding more than 1%. Vale fell nearly 1% despite higher iron ore prices. WEG extended losses, down more than 1% after reporting weaker-than-expected earnings on Tuesday. Meanwhile, election polls showed President Lula widening his lead over Senator FlΓ‘vio Bolsonaro.
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