Iran war hits 100 days as S&P 500 reaches new highs
Why it matters: Oil, bond and inflation risks remain elevated even as investors keep betting the conflict will stay contained.
Bloomberg, CNBC
#Inflation
8 stories on this subject
Strong US jobs data push Fed rate cuts further out of reach
What's new: Traders sharply reduced odds of a June cut and priced in roughly a 70% chance of a hike by late 2026.
Bloomberg, CNBC
Asian authorities move to defend currencies as dollar pressure mounts
Why it matters: The won and rupiah led regional losses as officials in South Korea, Indonesia, Japan, India and the Philippines stepped up defenses.
Bloomberg, The Business Times (Singapore)
Victoria’s Secret jumps 47% after lifting 2026 sales, profit outlook
What’s new: First-quarter revenue rose 15% to $1.56 billion, and the retailer now sees up to $580 million in adjusted operating income.
Bloomberg, CNBC +1
India holds rates at 5.25%, lifts inflation view and trims GDP outlook
What's new: The Reserve Bank of India now sees inflation at 5.1% in FY2027 and growth at 6.6%, as oil and rupee pressure build.
Bloomberg, CNBC
India's economy grew 7.8% in Jan-March as oil risks cloud outlook
What's next: The RBI now sees fiscal 2027 growth at 6.6% and inflation at 5.1% as the Iran war lifts energy costs.
Bloomberg, CNBC
Oil drops more than 3% as Israel-Lebanon truce lifts Iran deal hopes
Why it matters: A Hormuz reopening would ease a major threat to nearly a fifth of global crude flows and inflation fears.
Rupiah closes at Rp18.049 per dollar as RI stocks fall nearly 4%
DPR passed a revision expanding Bank Indonesia's mandate and oversight, stoking market concerns over central bank independence.
Antara News, Channel News Asia +1