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GBP/USD Drops Below 1.3400 on Iran-US Tensions, Stronger USD

Geopolitical risks in the Middle East lift the US Dollar, pushing GBP/USD down 0.2% as Iran asserts control over the Strait of Hormuz. The GBP/USD pair fell 0.2% to near 1.3400 in European trading on Thursday, pressured by rising US-Iran tensions. Iran’s Islamic Revolution

  • mohammad501ps@gmail.com
  • May 28, 2026
  • forex

GBP/USD Drops Below 1.3400 on Iran-US Tensions, Stronger USD

Geopolitical risks in the Middle East lift the US Dollar, pushing GBP/USD down 0.2% as Iran asserts control over the Strait of Hormuz. The GBP/USD pair fell 0.2% to near 1.3400 in European trading on Thursday, pressured by rising US-Iran tensions. Iran’s Islamic Revolution

  • mohammad501ps@gmail.com
  • May 28, 2026
  • stocks

Best Buy Q1 Fy2027 Earnings Beat: Comparable Sales up 2%

Best Buy reported first-quarter results on Thursday that beat analyst expectations, with comparable sales rising 2% — reversing a streak of declines and coming in above the company's own forecast of 1% growth for the quarter. Revenue for the period ended May 2 reached $8.9

  • mohammad501ps@gmail.com
  • May 28, 2026
  • stocks

Best Buy Q1 Fy2027 Earnings Beat: Comparable Sales up 2%

Best Buy reported first-quarter results on Thursday that beat analyst expectations, with comparable sales rising 2% — reversing a streak of declines and coming in above the company's own forecast of 1% growth for the quarter. Revenue for the period ended May 2 reached $8.9

  • mohammad501ps@gmail.com
  • May 28, 2026
  • macro

US Core PCE Inflation Set to Rise in April, Supporting Fed Rate Hike Bets

April’s core PCE inflation data may show a 0.3% monthly gain and 3.3% annual increase, reinforcing expectations for prolonged Fed tightening. The US Bureau of Economic Analysis will release April’s Personal Consumption Expenditures Price Index, the Federal Reserve’s prefer

  • mohammad501ps@gmail.com
  • May 28, 2026
  • macro

US Core PCE Inflation Set to Rise in April, Supporting Fed Rate Hike Bets

April’s core PCE inflation data may show a 0.3% monthly gain and 3.3% annual increase, reinforcing expectations for prolonged Fed tightening. The US Bureau of Economic Analysis will release April’s Personal Consumption Expenditures Price Index, the Federal Reserve’s prefer

  • mohammad501ps@gmail.com
  • May 28, 2026
  • Uncategorized

Eurozone: Inflation Shock and Recovery Balance – ABN AMRO

ABN AMRO notes that the new energy shock will push Eurozone inflation higher, though less severely than in 2022–23, as gas price rises are smaller and electricity has decoupled from gas. The ECB’s need to pre-empt second-round effects will tighten financial conditions and

  • mohammad501ps@gmail.com
  • May 28, 2026
  • forex

Eurozone: Inflation Shock and Recovery Balance – ABN AMRO

ABN AMRO notes that the new energy shock will push Eurozone inflation higher, though less severely than in 2022–23, as gas price rises are smaller and electricity has decoupled from gas. The ECB’s need to pre-empt second-round effects will tighten financial conditions and

  • mohammad501ps@gmail.com
  • May 28, 2026
  • Uncategorized

Eurozone: Inflation Shock and Recovery Balance – ABN AMRO

ABN AMRO notes that the new energy shock will push Eurozone inflation higher, though less severely than in 2022–23, as gas price rises are smaller and electricity has decoupled from gas. The ECB’s need to pre-empt second-round effects will tighten financial conditions and

  • mohammad501ps@gmail.com
  • May 28, 2026
  • stocks

Salesforce Q1 Fy2027 Earnings Beat, Guidance Disappoints

First-quarter revenue of $11.1 billion — up 13% year over year and ahead of what analysts had projected — marked a company record for Salesforce, though after-hours trading was muted as full-year guidance came in a touch below what Wall Street had anticipated. Adjusted ear

  • mohammad501ps@gmail.com
  • May 28, 2026
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