Markets News

New developments in US-Iran peace talks? Iraqi oil prices plummet!

New developments in US-Iran peace talks? Iraqi oil prices plummet!

· The Reserve Bank of Australia raised interest rates for the third consecutive time, highlighting its determination to curb inflation. This news is positive for the Australian dollar. · Anthropic has pledged $200 billion to Google's cloud services and chip business. This news is positive for Google. · Iraq has drastically lowered oil prices to attract buyers willing to cross the Strait of Hormuz. This news is bearish for crude oil.

TOPONE Markets Analyst
2026-05-06 09:12:48
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