Markets: Peace talks still impacting oil prices

Markets: Peace talks still impacting oil prices

May 7, 2026 · 10 min

About this episode

Terence Hove discusses the impact of peace talks on oil prices and broader market sentiment.

Terence Hove of Exness says strong US AI stocks and steady gold reflect broader market sentiment, while a stable rand is helping cushion oil volatility. Despite oil dipping to $90, he warns prices could remain volatile over the weekend due to peace talk headlines, with confirmation and clarity needed for the stability of the oil price. SAfm Market Update - Podcasts and live stream

More episodes of SAfm Market Update with Moneyweb

Explore listener stats, chart rankings, contacts and more on the SAfm Market Update with Moneyweb podcast page.