Monthly Archives: April 2026
RBC economists say Canada’s January GDP rose 0.1%, topping forecasts; goods led while services stagnated, reinforcing cautious BoC stance
Written on April 1, 2026 at 4:01 am, by davin
Canada’s GDP edged up 0.1% in January, beating expectations; goods outperformed, February growth estimated 0.2%.
Commerzbank’s Fritsch and Lambrecht say Iran conflict and Hormuz closure fears boosted Brent, diesel, jet prices
Written on April 1, 2026 at 4:00 am, by davin
Iran war disrupts energy markets; crude and refined fuels surge, middle distillate shortages worsen, diesel/jet prices forecast higher.
February saw US job openings fall to 6.882 million from January’s 7.24 million, BLS reported
Written on April 1, 2026 at 3:31 am, by davin
US job openings fell to 6.882 million in February; hires decreased, separations steady; dollar remained under pressure.
Lam Research makes semiconductor fabrication equipment globally, while buyers target $178.5–$139.5 as the key support zone
Written on April 1, 2026 at 3:30 am, by davin
Lam Research (LCRX) rallied to $256.68, then began wave II zigzag pullback targeting $178.47–$139.49.
INGING reports aluminium prices nearing $3,500/t as Middle East outages threaten 3.2Mt annual capacity supply tightening
Written on April 1, 2026 at 3:00 am, by davin
Aluminium neared $3,500 as Gulf smelter attacks and curtailments raised supply risks, fueling 10% monthly gain.
February’s US JOLTS vacancies came in at 6.882 million, missing the 6.92 million forecast by 38,000
Written on April 1, 2026 at 3:00 am, by davin
US February JOLTS job openings fell to 6.882 million, slightly below expectations of 6.92 million.
Elliott Wave analysis indicates Ralph Lauren remains bullish, with cycle wave III driving continuing price gains
Written on April 1, 2026 at 2:31 am, by davin
Ralph Lauren’s Elliott Wave uptrend nears wave ((3)) completion, targeting 1106, then corrective wave ((4)) pullback.
Occidental Petroleum’s shares have recently strengthened amid worldwide events, with Elliott Wave analysis suggesting a likely advance to $100
Written on April 1, 2026 at 2:30 am, by davin
OXY rebounded from April 2025 low, nearing wave I completion; $77–$87 target, then $103–$119.
TD Securities reports officials increasingly resisting yen weakness after USD/JPY breached 160, with 162–164 approaching
Written on April 1, 2026 at 2:01 am, by davin
TD Securities notes rising official frustration with yen weakness; verbal warnings peak, intervention risk increases near 162–164.
In March, the US Chicago PMI came in at 52.8, under forecasts of 55, missing expectations
Written on April 1, 2026 at 2:00 am, by davin
Chicago PMI slipped to 52.8 in March, missing 55 forecast but still signaling business activity expansion.
