Market news for May 11, 2026: Safe-haven dollar climbed as deadlocked US-Iran talks kept the Strait of Hormuz closed, choking oil supply and lifting prices, while AI stocks provided a modest lift to Asia's markets.

Synopsis: Market Focus Daily is a closing bell roundup by The Business Times that looks at the day’s market movements and news from Singapore and the region.

Written by: Howie Lim (howielim@sph.com.sg)

Produced and edited by: Chai Pei Chieh & Claressa Monteiro

Produced by: BT Podcasts, The Business Times, SPH Media

Produced with AI text-to-speech capabilities

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Safe-haven shift: Dollar gains strength while gold falters on inflation fears

BT Market Focus

Safe-haven shift: Dollar gains strength while gold falters on inflation fears