Markets News

Trump continues to send optimistic signals, but Iran pours cold water on the situation, causing US oil prices to plummet 13% intraday before a V-shaped recovery!

Trump continues to send optimistic signals, but Iran pours cold water on the situation, causing US oil prices to plummet 13% intraday before a V-shaped recovery!

· The US ADP nonfarm payrolls report showed an increase of 109,000 jobs in April, slightly higher than the expected 99,000. The previous figure was revised down from 62,000 to 61,000. This news is positive for the US dollar. · Federal Reserve – Musalamu: There are reasonable scenarios suggesting that interest rates need to remain stable for some time. This news is bullish for the US dollar. · US gasoline prices hit $4.50, near a record high. This news is bullish for crude oil.

TOPONE Markets Analyst
2026-05-07 08:30:00
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