Monthly Archives: April 2026
MUFG’s Lee Hardman says political risks and yields pressure sterling, keeping GBP/USD and EUR/GBP near 1.3500, 0.8700
Written on April 21, 2026 at 4:21 am, by davin
Pound fell as UK yields dropped, BoE rate-hike expectations eased; Bailey cautioned, political uncertainty pressured sterling.
Rabobank’s Jane Foley says Ueda’s IMF caution cooled earlier hawkishness, fuelling doubts over April BoJ hikes
Written on April 21, 2026 at 4:21 am, by davin
Governor Ueda’s cautious IMF tone raises doubts on April hike as wages rise, CPI looms soon.
RBC’s Abbey Xu says Canada’s inflation hit 2.4% annually, energy-driven, while core pressures eased overall
Written on April 21, 2026 at 3:51 am, by davin
Canada’s CPI rose to 2.4% as energy drove gains, while core inflation eased despite higher groceries, rents.
HSBC strategists cite volatile gold trading, then stabilising near USD 4,800, helped by a weaker Dollar
Written on April 21, 2026 at 3:51 am, by davin
Gold has swung between $4,405 and $5,450, pressured by yields, dollar strength, yet structurally supported.
BNP Paribas forecasts Eurozone GDP rising to 1.6% in 2026, backed by German fiscal steps, defence and AI investment
Written on April 21, 2026 at 3:21 am, by davin
BNP Paribas forecasts steady Eurozone growth through 2026, but energy shocks may prompt ECB rate hikes.
Reuters reports a senior Iranian official says Tehran is considering joining further US peace talks, undecided
Written on April 21, 2026 at 3:21 am, by davin
Iran reviewing participation in next US peace talks; Pakistan pushes to end blockade; decision pending, outlook positive.
Amid UK political scrutiny and German producer prices, EUR/GBP holds near 0.8700, broadly unchanged
Written on April 21, 2026 at 2:51 am, by davin
EUR/GBP holds near 0.8700 as Euro gains from German inflation, while UK politics and data weigh.
ING analysts say aluminium prices dipped on Hormuz assurances, then rebounded as closure fears renewed supply risks
Written on April 21, 2026 at 2:50 am, by davin
Aluminium prices dropped after Iran reopened Hormuz, but renewed closure threatens Middle East supply, widening global deficits.
MUFG’s Lee Hardman says Middle East tensions drove the US dollar higher, pushing DXY towards 98.500
Written on April 21, 2026 at 2:21 am, by davin
US dollar rises as US–Iran tensions flare, Strait of Hormuz uncertainty boosts DXY toward 200-day average.
Oil-fuelled Yen softness from Hormuz tensions leaves sterling pressing near peaks, maintaining bullish control
Written on April 21, 2026 at 2:21 am, by davin
GBP/JPY rebounds as Hormuz tensions lift oil, pressure yen; BoE cuts may delay, BoJ hikes pause.
