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ResolvedMacro Economy

Oil Surges 4% as Geopolitical Tensions Rise and Markets Await US CPI Data

First Detected: May 13, 2026, 4:23 AM
Last Update: 3 months ago
187 articles·91 stories

Event Summary

Oil prices surged by 4% due to rising geopolitical tensions between the US and Iran, as hopes for a ceasefire deal failed to materialize. Markets are focusing on US CPI data, with expectations that strong data will support the dollar. Meanwhile, Trump indicated the possibility of military action against Iran if negotiations do not progress, increasing uncertainty in the markets.

Timeline

USDCAD Pulls Back After Hitting Highest Level Since April
Jun 4, 2026, 3:22 PMImpact: 4
USD/JPY Tests 160 Resistance Ahead of Fed and BOJ Policy Decisions
Jun 4, 2026, 1:37 PMImpact: 4
Oil Prices Ease as Geopolitical Risks Recede Following Lebanon Ceasefire
Jun 4, 2026, 9:10 AMImpact: 4
US Dollar Gains Against Canadian Dollar as Tariff Fears Resurface
Jun 3, 2026, 6:18 PMImpact: 4
Euro Slips Against Dollar as Strong US Data Boosts Hawkish Fed Bets
Jun 3, 2026, 4:50 PMImpact: 4
Gold Eyes Breakout as High US Inflation Reshapes Fed Expectations
Jun 3, 2026, 7:23 AMImpact: 4
Silver XAG/USD Breaks Below $75 Level as Geopolitical Tensions Flare
Jun 3, 2026, 2:51 AMImpact: 4
USD/CHF Rises as Geopolitical Tensions Flare and Markets Await US PCE Data
May 28, 2026, 8:15 AMImpact: 4
USD/JPY Tests 160.00 Level as Hormuz Closure and Debt Woys Weigh on Yen
May 27, 2026, 11:46 AMImpact: 7
US Dollar Volatility Spikes Amid Middle East Tensions and Mixed Economic Signals
May 26, 2026, 2:47 PMImpact: 4
AUD/USD Tests Key Resistance Levels Ahead of Critical Australia CPI Data
May 26, 2026, 11:16 AMImpact: 4
EUR/USD Stabilizes at 1.1643 Amid Divergent Fed Policy and Geopolitical Tensions
May 26, 2026, 11:16 AMImpact: 4
Silver Prices Slump Toward $76 as Middle East Peace Hopes Fade
May 26, 2026, 9:17 AMImpact: 4
USD/JPY Hits 159.00 as US-Iran Peace Talks Stumble
May 26, 2026, 9:17 AMImpact: 4
USD/JPY Rangebound as Iran Diplomacy Balances Hawkish Fed Risks
May 26, 2026, 9:15 AMImpact: 4
USD/CAD Stabilizes as Geopolitical Risks Ease and CAD Rally Stalls
May 26, 2026, 8:47 AMImpact: 4
Euro Sinks Below 1.1650 as US-Iran Tensions Fuel Safe-Haven Dollar Demand
May 26, 2026, 7:16 AMImpact: 4
UBS Forecasts EUR/USD Stability Within Range with Upside Bias
May 26, 2026, 6:46 AMImpact: 4
EUR/USD Stabilizes Above 1.1575 as Technical Outlook Shifts to Neutral
May 23, 2026, 3:00 AMImpact: 4
US Stocks Near Records as Markets Rally on US-Iran Peace Deal Optimism
May 22, 2026, 8:47 PMImpact: 7
Gold Enters Price Compression Phase Signaling Potential Technical Breakout
May 22, 2026, 8:45 PMImpact: 4
EUR/USD Holds Near Key Support as Markets Weigh Interest Rate Outlook
May 22, 2026, 1:32 PMImpact: 4
US Indices Hit Critical Levels Amid Yield and Oil Price Pressures
May 22, 2026, 1:02 PMImpact: 4
AUD/USD Under Pressure as Fed-RBA Policy Divergence Widens
May 22, 2026, 10:31 AMImpact: 4
EUR/USD Under Pressure as Iran Conflict Spurs European Stagflation Risks
May 22, 2026, 7:00 AMImpact: 6
Gold Prices Slip as Stronger Dollar and Fed Hawkishness Weigh on Bullion
May 22, 2026, 4:30 AMImpact: 4
Markets Eye Kevin Warsh as Potential Fed Chair Amid Geopolitical Tensions
May 22, 2026, 2:00 AMImpact: 4
AUD/USD Holds Firm Despite Weak Jobs Data and Cooling RBA Rate Hike Bets
May 22, 2026, 12:00 AMImpact: 4
Yen Under Pressure as Japan Inflation Hits 4-Year Low and Fed Signals Hawkish Pivot
May 21, 2026, 10:00 PMImpact: 4
Gold Prices Eye Breakout as Momentum Builds in Tightening Range
May 21, 2026, 9:31 PMImpact: 4
EUR/USD Faces Downward Pressure as Rabobank Forecasts Slide to 1.15
May 21, 2026, 5:47 PMImpact: 4
USD/CAD Nears 1.38 Target Following Soft Canadian Inflation Data
May 21, 2026, 5:46 PMImpact: 4
US Stocks Steady as Markets Await New Fed Chair Swearing-in
May 21, 2026, 5:15 PMImpact: 4
Danske Bank Sees Limited EUR/USD Upside as Fed Policy Supports Dollar
May 21, 2026, 10:16 AMImpact: 4
Silver Prices Retreat as US 10-Year Treasury Yields Rebound
May 21, 2026, 7:15 AMImpact: 4
EUR/USD Holds Above 1.1600 Amid Geopolitical Risks and Hawkish Fed
May 21, 2026, 6:16 AMImpact: 4
Gold Slips as Stronger Dollar and Hawkish Fed Sentiment Weigh on Bullion
May 21, 2026, 5:46 AMImpact: 4
USD/JPY Braces for Central Bank Signals Amid Hopes for Hormuz Reopening
May 21, 2026, 12:16 AMImpact: 4
Gold Prices Enter Technical Correction After Breaking $4,500 Support
May 20, 2026, 9:46 PMImpact: 4
Gold Holds Above $4,500 Support Despite FOMC Minutes and Selling Pressure
May 20, 2026, 9:46 PMImpact: 4
US Indices Eye Recovery as Treasury Yields Stabilize
May 20, 2026, 6:16 PMImpact: 4
EUR/USD Faces Technical Pressure as Fed Rate Hike Risks Resurface
May 20, 2026, 5:19 PMImpact: 4
EUR/USD Holds 1.1600 Support Amid Persistent Selling Pressure
May 20, 2026, 4:16 PMImpact: 4
Yen Under Pressure as Dollar Gains Momentum Ahead of FOMC Minutes
May 20, 2026, 4:15 PMImpact: 4
Iran Tensions and Warsh Trade Drive Volatility in North American Markets
May 20, 2026, 2:47 PMImpact: 4
USD/JPY Nears 160 Level as Traders Brace for Japanese Intervention
May 20, 2026, 1:15 PMImpact: 4
EUR/USD Weakens on Fed Rate Hike Bets and Persistent Hormuz Tensions
May 20, 2026, 10:46 AMImpact: 4
Goldman Sachs Skeptical of Japan's Intervention to Support Yen
May 20, 2026, 10:45 AMImpact: 4
EUR/USD Nears 6-Week Low as Geopolitical Tensions Support US Dollar
May 20, 2026, 8:45 AMImpact: 4
Currency Volatility Spikes on Hawkish FOMC Minutes and Iran Peace Hopes
May 20, 2026, 7:45 AMImpact: 4
FOMC Minutes Reveal Hawkish Split as Powell Signals Potential Rate Hike Parity
May 20, 2026, 7:45 AMImpact: 4
US Dollar Holds Near Six-Week Highs on Rate Hike Bets and Geopolitical Risks
May 20, 2026, 7:16 AMImpact: 4
US Dollar Rallies Amid Bond Sell-off and Cooling UK Inflation
May 20, 2026, 7:15 AMImpact: 4
US Dollar Reclaims Key Levels on Sticky Inflation as EUR and GBP Face Pressure
May 20, 2026, 6:47 AMImpact: 7
EUR/USD Faces Bearish Outlook as Double Top Breakdown Signals Move to 1.1500
May 20, 2026, 4:16 AMImpact: 4
PBOC Sets Yuan Midpoint at 6.8397 Against US Dollar
May 20, 2026, 1:45 AMImpact: 4
Gold and Silver Prices Retreat Following Technical Upside Fake-Out
May 20, 2026, 1:45 AMImpact: 4
USD/CAD Faces Bearish Pressure Despite Soft Canadian Inflation Data
May 20, 2026, 12:15 AMImpact: 4
NZD/USD Weakens on Robust US Labor Data and Trump’s Iran Rhetoric
May 19, 2026, 10:46 PMImpact: 4
EUR/USD Steady as Markets Skeptical of US-Iran Negotiation Progress
May 19, 2026, 8:46 PMImpact: 4
Markets Price in Fed Rate Hike Probability by July 2027
May 19, 2026, 8:45 PMImpact: 4
Silver XAG/USD Under Pressure Amid Hawkish Federal Reserve Expectations
May 19, 2026, 7:16 PMImpact: 4
Oil Prices Rise as Trump Threatens Iran Strikes if Negotiations Fail
May 19, 2026, 7:16 PMImpact: 4
Gold Prices Retreat as US Treasury Yields Hit Record Highs
May 19, 2026, 6:16 PMImpact: 4
USD/CAD Rises as Canadian Dollar Weakens Following Inflation Data
May 19, 2026, 5:46 PMImpact: 4
US Indices Retreat as Technical Supports Break Amid Warsh Trade Momentum
May 19, 2026, 5:45 PMImpact: 4
GBP/AUD Rallies as Dovish RBA Minutes Weigh on Australian Dollar
May 19, 2026, 5:16 PMImpact: 4
Euro Weakens as Strong US Jobs Data and Geopolitical Rhetoric Boost Dollar
May 19, 2026, 5:16 PMImpact: 4
GBP/USD Slumps as Rising US Yields and Weak UK Jobs Data Pressure Pound
May 19, 2026, 4:46 PMImpact: 4
US Dollar Rallies Ahead of Kevin Warsh's Fed Chair Swearing-in
May 19, 2026, 2:45 PMImpact: 7
Canada April CPI Misses Forecasts as Underlying Inflation Pressures Ease
May 19, 2026, 1:15 PMImpact: 6
Yen Weakens Past 158.00 Level Against Dollar Despite Recent Interventions
May 19, 2026, 12:46 PMImpact: 7
Markets Await US Home Sales Data and Key Federal Reserve Speeches
May 19, 2026, 11:45 AMImpact: 4
Global Inflation Fears Surge as Geopolitical Tensions Threaten Energy Routes
May 19, 2026, 7:45 AMImpact: 4
FX Markets Brace for Geopolitical Shifts Amid Dollar Strength Fears
May 19, 2026, 7:45 AMImpact: 4
US Dollar Steadies as Geopolitical Tensions Ease and Inflation Data Looms
May 19, 2026, 5:15 AMImpact: 4
Strong Japan GDP Growth Paves Way for June Rate Hike
May 19, 2026, 4:45 AMImpact: 6
PBOC Strengthens Yuan Fix to 6.8375 Against US Dollar
May 19, 2026, 2:15 AMImpact: 4
EUR/USD Reverses Lower After Failing to Break Key Weekly Resistance
May 18, 2026, 9:46 PMImpact: 4
GBP/USD Stages Sharp Bullish Reversal on Hawkish BoE and IMF Growth Upgrade
May 18, 2026, 9:15 PMImpact: 4
US Dollar Retreats on Reports of Potential US-Iran Sanctions Deal
May 18, 2026, 7:15 PMImpact: 5
Gold Weakens as Geopolitical Rhetoric and Oil Volatility Weigh on Safe-Haven Appeal
May 18, 2026, 6:16 PMImpact: 4

Price Impact

Since event start
USDJPY-2.12%
USDCAD+0.89%