Monthly Archives: April 2026
Commerzbank’s Ghose says USD/TRY could hit 55 by year-end as Turkey shuns hikes, using interventions
Written on April 24, 2026 at 5:51 am, by davin
Commerzbank warns Turkey held rates, used FX interventions, as inflation rises, reserves fall, lira depreciation accelerates.
In April, Kansas Fed manufacturing activity in the United States edged down from 11 to 10
Written on April 24, 2026 at 5:21 am, by davin
Kansas Fed manufacturing activity eased in April, with index slipping to 10 from 11, signaling slower expansion.
Nomura expects the ECB to hold the deposit rate at 2.00% on 30 April, through Q4 2027
Written on April 24, 2026 at 5:20 am, by davin
Nomura sees ECB holding 2.00% until 2027, unless oil stays above $95, triggering hikes.
Though slightly weaker against the dollar, the pound outperforms G10 peers, buoyed by stronger UK PMI data
Written on April 24, 2026 at 4:51 am, by davin
GBP dipped versus USD but outperformed G10 peers as UK PMIs beat forecasts, boosting BoE tightening expectations.
Amid Middle East tensions, NZD/USD slips to about 0.5875, with RBNZ hawkishness curbing losses
Written on April 24, 2026 at 4:51 am, by davin
NZD/USD slipped to 0.5875 as Middle East tensions lifted the US Dollar; New Zealand inflation limited losses.
US EIA reports natural gas storage rose 103B, exceeding the 96B forecast for April 17 release
Written on April 24, 2026 at 4:21 am, by davin
EIA reports 103 bcf natural gas storage build for week ending April 17, exceeding 96 bcf forecast.
Societe Generale analysts say USD/BRL rejected the falling 200-day average, resuming weakness towards multi-month channel lows
Written on April 24, 2026 at 4:21 am, by davin
Societe Generale sees USD/BRL bearish; break below range targets 4.90, then 4.86 and 4.84.
Rabobank’s Jane Foley says robust New Zealand CPI and hawkish RBNZ rhetoric boost NZD/USD, amplifying tightening expectations
Written on April 24, 2026 at 3:51 am, by davin
New Zealand Q1 CPI hits 3.1%; hawkish RBNZ supports NZD, but markets may overprice hikes.
Nomura analysts warn Eurozone PMI data show slowing activity alongside rising prices, increasing stagflation risks for April
Written on April 24, 2026 at 3:51 am, by davin
April euro area PMI signals weaker activity, rising prices; services slump, manufacturing steadier, raising stagflation concerns.
In April, the US flash S&P Global Composite PMI rose to 52, up from March’s 50.3
Written on April 24, 2026 at 3:21 am, by davin
April flash US Composite PMI rose to 52; manufacturing and services improved, indicating slightly stronger business activity.
