What are the main events for today?

May 18, 2026
-FXnews

EUROPEAN SESSION

In the European session, as it’s usually the case for Mondays, we don’t have anything on the agenda. Markets will likely stay rangebound or extend the risk-off moves that started on Friday.

The focus remains on the US-Iran stalemate as we enter the 12th week since the Strait of Hormuz got closed. Both parties remain adamant on their conditions, which raises the risk of a longer deadlock or even a resumption of hostilities.

AMERICAN SESSION

In the American session, we just have the US NAHB Housing Market Index. Housing data haven’t been market-moving releases this cycle

What are the main events for today?

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