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FOUND: 17 - What They Never Told You

Global Market Today: Asian stocks drop, oil climbs on Iran tensions

Asian stocks retreated from record highs as Middle East tensions escalated, impacting crude oil prices and reviving concerns over energy supplies. US forces responded to Iranian attacks in the Strait of Hormuz, while President Trump issued a stern warning. Despite volatility, investors remain focused on de-escalation efforts and the AI…

The Economic Times

Shopping visits fall as Middle East conflict takes toll on consumer confidence

UK footfall fell 3.9% year-on-year over March and April, according to latest figures.

Evening Standard

Stocks Steady Before the Open as Investors Await U.S.-Iran Updates; Earnings and Economic Data on Tap

June S&P 500 E-Mini futures (ESM26) are up +0.03%, and June Nasdaq 100 E-Mini futures (NQM26) are down -0.01% this morning as investors await the outcome of diplomatic efforts aimed at ending the Iran war.

Barchart

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AI boom keeping markets elevated despite geopolitical noise: Mark Matthews

Financial markets are increasingly prioritizing artificial intelligence-driven growth and corporate earnings over geopolitical tensions, according to Mark Matthews. He highlights extraordinary earnings, particularly in tech, fueling market highs despite Middle East uncertainty. Matthews also sees India as attractive due to improving valuations and continued FII buying.

The Economic Times

Southeast Asian leaders will reaffirm core values in veiled Mideast war rebuke

Southeast Asian leaders plan to issue a contingency plan that upholds international law, sovereignty and freedom of navigation in what could be seen as a veiled rebuke to the United States, Israel and Iran over the Middle East war which has impacted their region, according to a draft declaration seen…

The Independent UK

Strong gold and copper prices support explosive demand

Blasting solutions company Orica has banked record returns thanks to strong commodity prices and largely dodging supply impacts from the Middles East conflict.

AAP

Trainline says Middle East tensions hitting European rail bookings

Profits jump to £122m at ticketing retailer but it expects flat or declining revenues over the coming year

The Guardian - UK

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22k gold rate today: Check 24k, 22k, 18k gold prices (May 6, 2026) on Malabar Gold & Diamonds, Joyalukkas, IBJA, Tanishq and Kalyan Jewellers

Gold prices surged on May 6, 2026, driven by escalating Middle East tensions and amplified inflation concerns. Major jewelry brands and IBJA reported noticeable uptrends in 22k gold rates, reflecting firm global cues. This rise follows a day of pressure on gold prices due to geopolitical events.

The Economic Times

The Iran war's oil shock causes a plastic shortage in Asia, squeezing industries and prompting a 'Middle East plus one' rethink of supply chains

South Korea is probing firms suspected of hoarding syringes, which, alongside products like needles and gloves, are produced from petrochemicals.

Fortune

Next to hike prices overseas as it faces higher Iran war cost hit

The fashion and homewares chain increased its estimated cost of the Middle East conflict to £47 million from the £15 million guidance given in March.

Evening Standard

Retailer Next warns of clothing and homeware price hikes as costs increase due to Iran war

Brand increased its estimated cost of Middle East conflict to £47 million - up from predicted £15 million

The Independent UK

India approves $1.9 billion credit guarantee to support businesses hit by Middle East crisis

India's cabinet approved a 181-billion-rupee emergency credit guarantee program to support businesses, especially small firms, facing liquidity issues due to the Middle East crisis.

The Economic Times

Lufthansa Airlines warns of rising Mideast war risks

Germany's Lufthansa warned Wednesday of rising risks to the firm's financial performance because of the Middle East war even as it maintained its outlook for the year. "While no restrictions in kerosene supply are currently expected at any of the Lufthansa Group hubs, potentially reduced fuel availability later in the…

The Economic Times

Macron says ‘all parties must lift the blockades’ – as it happened

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The Guardian - AU

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The Conversation

Is this the moment to change the way we think about economic growth?

Economic growth, particularly in energy-intensive nations, is slowing as the Middle East war continues to throttle exports of oil, plastics and fertiliser.

The Guardian - UK

Four in five Britons worried Iran war will make food more expensive, poll finds

Shoppers concerned about effect of Middle East conflict, as UK retailers say government running out of time to cut costs

Evening Standard

Government needs to act on Middle East impact on retail, industry warns

The BRC warned that higher costs from the Middle East conflict would inevitably filter through to the till over the coming months.

The Independent UK

Middle East ceasefire is at risk of collapse despite Trump’s claims – here’s why

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Barchart

Crude Oil Prices Retreat as Middle East Tensions Ease

June WTI crude oil (CLM26 ) on Tuesday closed down -4.15 (-3.90%), and June RBOB gasoline (RBM26 ) closed down -0.1176 (-3.15%). Crude oil and gasoline prices settled sharply lower on Tuesday as the ceasefire in the Middle East appears to be holding, easing geopolitical risks. Crude prices retreated as...

The Guardian - UK

Two million airline seats cut amid soaring jet fuel prices

Rescheduling in May could be followed by summer cancellations as Middle East war continues to disrupt fuel supplies

Barchart

Crude Oil Prices Tumble as Middle East Ceasefire Holds

June WTI crude oil (CLM26 ) today is down -4.54 (-4.27%), and June RBOB gasoline (RBM26 ) is down -0.1140 (-3.05%). Crude oil and gasoline prices are sharply lower today as the ceasefire in the Middle East appears to be holding, easing geopolitical risks. Crude prices are retreating as relative...

Euronews

End of conflict in the Middle East or recession in Europe, IMF warns

The IMF’s outlook for Europe remains closely tied to geopolitical developments. A prolonged crisis risks tipping Europe into recession.

Barchart

Dollar Slightly Higher as Middle East Risks Remain

The dollar index (DXY00 ) today is up by +0.07%. The dollar is slightly higher today after the US March trade deficit was reported to be smaller than expected. The dollar also has safe-haven support as the US-Iran ceasefire appears shaky after the US Central Command on Monday said the...

Barchart

Stock Index Futures Climb as U.S.-Iran Ceasefire Holds, JOLTs Report and Earnings in Focus

June S&P 500 E-Mini futures (ESM26) are up +0.28%, and June Nasdaq 100 E-Mini futures (NQM26) are up +0.47% this morning, supported by lower oil prices as the ceasefire in the Middle East appeared to be holding.

Radio France Internationale

France condemns 'unacceptable' Iranian strikes on UAE and calls for diplomacy

French President Emmanuel Macron has joined other world leaders in condemning Iranian attacks on the United Arab Emirates, which have thrown the fragile US-Iran truce into jeopardy, and urging both sides to return to diplomacy to bring an end to the Middle East war.

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