Monthly Archives: April 2026
Leadership uncertainty surrounds the Fed as Warsh faces hearings; politics may delay him, Powell stays temporarily pending inquiry
Written on April 21, 2026 at 11:51 pm, by davin
Senate panel holds hearings for Fed chair nominee Warsh as Powell’s term ends, confirmation uncertain.
US ADP four-week average employment change rose to 54.8K, compared with the prior 39K reading
Written on April 21, 2026 at 11:21 pm, by davin
U.S. ADP employment change 4-week average rose to 54.8K on March 28, up 15.8K.
EUR/USD trades around 1.1765 as the euro slips modestly, awaiting Fed’s Warsh and US-Iran talks
Written on April 21, 2026 at 11:21 pm, by davin
Euro slips to 1.1765 after weak ZEW sentiment; focus shifts to Warsh hearing and US-Iran talks.
Patterson and Manthey say copper slips after gains, near two-month highs, as macro tightening dents demand
Written on April 21, 2026 at 10:52 pm, by davin
Copper slips from recent gains near two-month highs; inflation, tight policy curb demand; aluminium supported by supply disruptions.
Ahead of Warsh’s testimony and UK CPI figures, Sterling shows mixed movement against major peers in late European trading
Written on April 21, 2026 at 10:51 pm, by davin
Sterling mixed; GBP/USD near 1.3510 after UK jobs data. BoE seen holding 3.75%; CPI awaited.
Trump claims via Truth Social that Iran repeatedly breached the two-week ceasefire during late European trading hours
Written on April 21, 2026 at 10:21 pm, by davin
Trump said Iran breached a two-week ceasefire repeatedly, according to his Truth Social post during late European trading.
TD Securities expects March US retail sales growth, driven by petrol prices, steady spending, and firm food services
Written on April 21, 2026 at 10:21 pm, by davin
TD Securities expects strong March US retail sales, hawkish Fed signals, and markets monitoring Middle East risks.
TD Securities says oil stabilises above $90, with Brent confined between $90 and $100 since ceasefire began
Written on April 21, 2026 at 9:52 pm, by davin
TD Securities sees oil steady above $90; Brent ranges $90-$100 as tensions, Hormuz risks persist.
As RBI relaxes rupee support and Warsh testimony looms, USD/INR rises, extending the rupee’s losses
Written on April 21, 2026 at 9:51 pm, by davin
Rupee slides toward 93.50 after RBI easing; risk mood improves on Iran talks; traders await US data.
EUR/JPY trades near 187.20, holding above 187.00 as the euro stays calm after German ZEW data
Written on April 21, 2026 at 9:21 pm, by davin
EUR/JPY steadied near 187.20 as weak ZEW sentiment hit euro; yen pressured by uncertain BoJ outlook.
