May 26, 2026
United States:
US and Iran Clash Near Hormuz as Talks Go ‘Back and Forth’
US and Iranian forces clashed near the Strait of Hormuz overnight, highlighting the tension between the two sides even as they tout progress toward an interim peace deal.
The exchange of strikes came hours after US President Donald Trump said negotiations with Tehran to extend their ceasefire and reopen the strait are proceeding, though Secretary of State Marco Rubio added Tuesday that a deal would likely take a few days to finalize.
Europe:
ECB Set to Lift Its Inflation Outlook in June, Lane Tells Nikkei
The European Central Bank will probably raise its quarterly projection for inflation next month as the Iran war keeps energy prices elevated, Chief Economist Philip Lane told Nikkei in remarks published Monday.
“We are likely to make a further upward adjustment to the inflation forecast in June,” the Irish official said in the interview, which was conducted on May 19. “It is also true that oil prices are likely to remain elevated for longer compared with our March assumptions.”
Asia:
Japan Slips to World’s No. 3 Creditor Behind Germany, China
Japan slipped behind China to become the world’s third largest creditor nation in 2025, despite setting a fresh record for its tally of overseas assets.
Japan’s net external assets rose to an all-time high of ¥561.8 trillion ($3.5 trillion) at the end of 2025, according to Finance Ministry data released Tuesday.
Disclaimer:
Analyst Certification – The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer (s) or securities as at the date of this report. Each research analyst (s) also certify that no part of their compensation was, is, or will be, directly or indirectly, related to the specific recommendation(s) or view (s) expressed by that research analyst in this research report.
Company Disclosure – The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any action in reliance on the contents of this information is strictly prohibited and may be unlawful. Mayberry may effect transactions or have positions in securities mentioned herein. In addition, employees of Mayberry may have positions and effect transactions in the securities mentioned herein.
