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Real-time News
On May 18th, Israeli media reported that Israeli Prime Minister Benjamin Netanyahu and US President Donald Trump spoke by phone that day to discuss the possibility of resuming military action against Iran. Israeli public broadcaster citing a senior Israeli official, reported that the call lasted about half an hour, primarily discussing the possibility of resuming military strikes against Iran. The official stated that if the US resumes military action against Iran, a joint airstrike by Israel and the US is expected.According to Saudi media Alhadath, Israeli media reports that the list of targets for strikes against Iran includes locations that Washington refused to target in the previous round of operations.The Israeli Broadcasting Corporation, citing official sources, said that if Trump approves the resumption of hostilities (with Iran), a joint attack will be launched.On May 18, US President Trump stated in a call with Axios that Irans "time is running out" and warned that if the Iranian regime does not offer a better deal, "they will suffer even heavier blows." US officials indicated that Trump hopes to reach an agreement to end the war; however, because Iran has rejected many of his demands and refused to make substantial concessions on its nuclear program, military options have been brought back to the table. According to two US officials, Trump is expected to meet with his senior national security team in the Situation Room on Tuesday to discuss options for military action.May 18 - According to the China Earthquake Networks Center, a 5.2-magnitude earthquake struck Liunan District, Liuzhou City, Guangxi Province (24.38°N, 109.26°E) at 00:21 on May 18, 2026, with a focal depth of 8 kilometers. The China Earthquake Administration has activated a Level III emergency response.

Forex

Volatility subsides around 101.80 as focus shifts to US S&P PMI in US Dollar Index Price Analysis

The US Dollar Index is in the green in advance of provisional US S&P PMI data. Thursday's market behavior was erratic after the publication of the eleventh consecutive report of higher-than-anticipated unemployment claims. The Fed's decision to increase interest rates has led to persistently deteriorating labor market conditions.