[MARKET UPDATE] Crude continues falling alongside the DXY, whilst equity and fixed income futures rise further following reports that US and Iran are said to be closer to reaching an understanding on the Strait of Hormuz

The news that the US and Iran are nearing an understanding regarding the Strait of Hormuz has likely eased some geopolitical tensions, prompting a drop in crude prices while simultaneously boosting equities and fixed income futures.

Newsquawk StaffPublished 7 May 2026, 07:35 UTCOn the live feed at 07:15 UTC — 7 more headlines followed before this page went public

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07:30

Riksbank maintains its Policy Rate at 1.75% as expected, "there is scope to wait until there is a clearer picture", "current level of the policy rate gives a good initial position to adjust monetary policy if required to safeguard the inflation target"

07:19

Pakistani Foreign Ministry says "We expect an urgent agreement between Iran and the United States", Al Araby reports

07:15

[MARKET UPDATE] Crude continues falling alongside the DXY, whilst equity and fixed income futures rise further following reports that US and Iran are said to be closer to reaching an understanding on the Strait of Hormuz

07:10

[PREVIEW] Riksbank Policy Decision on Thursday, 7th May.

07:10

EUROPEAN OPEN: SHEL LN beats as Iran war lifts oil prices; RHM GY misses sales estimates, backlog rises; FLTR LN rises despite guidance cut and weaker profit; MAERSKB profit down as Ocean rates weigh; SHL cuts revenue outlook on weaker China diagnostics

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Context

This shift suggests that market participants are more optimistic about stability in oil supply routes, which could favor riskier assets. Traders should monitor how this negotiation unfolds, as any significant developments could lead to further volatility in commodities and related markets.

All markets · last 90 days

Recent headlines that moved markets

EQUITIES/8 Sept · 05:24 UTC

Saudi Energy Minister says a number of energy facilities and utilities were hit; are temporarily halting some operations.

Equity indices, after we published−0.3%

Modest downside seen across equity futures as energy prices tick higher.

ENERGY/8 Sept · 05:23 UTC

Saudi Energy Minister says a number of energy facilities and utilities were hit; are temporarily halting some operations.

Brent Nov'26, after we published+1.0%

ENERGY/3 Sept · 08:03 UTC

Russian President Putin says that Russia and Ukraine should agree first; he notes that there is an opportunity to reach a peace agreement.

with Brent Nov, after we published−1.3%

EQUITIES/3 Sept · 04:54 UTC

North Korea stripped references to "peaceful unification" with South Korea from the charter of its ruling Workers' Party of Korea, according to Yonhap.

Equity indices, after we published−3.3%

EQUITIES/1 Sept · 16:17 UTC

Initial reports of an American attack on Iran, reports i24's Stein.

ES, after we published−0.2%

ENERGY/1 Sept · 16:17 UTC

Initial reports of an American attack on Iran, reports i24's Stein.

- Brent (V6), after we published+1.2%

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