Monthly Archives: April 2026
Commerzbank economists say volatile US labour indicators and revisions are obscuring the Federal Reserve’s policy direction
Written on April 10, 2026 at 3:29 am, by davin
US labour data is volatile and frequently revised; longer-term trends and hours worked help gauge conditions.
TD Securities’ Daniel Ghali says copper recouped Iran-war losses despite liquidations, weaker risk assets, signalling hoarding-led crunch risk
Written on April 10, 2026 at 2:59 am, by davin
Copper rebounds post-Iran war as scarce inventories and hoarding persist; TD sees crunch, CTAs may buy.
Savage says USD/JPY strengthens as Ueda maintains easy policy, despite modest hike pricing and weak confidence
Written on April 10, 2026 at 2:59 am, by davin
USD/JPY rises as BoJ stays accommodative; markets price modest hike. Japan confidence drops sharply, inflation expectations remain high.
EUR/GBP remains above key SMAs, trading rangebound within a wedge as traders stay cautious amid ceasefire doubts
Written on April 10, 2026 at 2:29 am, by davin
EUR/GBP hovered near 0.8700 amid US-Iran uncertainty; falling wedge hints reversal, with 0.8750/0.8800 upside targets.
MUFG’s Derek Halpenny says the dollar steadies as investors reassess ceasefire fragility, favouring risk aversion
Written on April 10, 2026 at 2:29 am, by davin
US Dollar steadies as ceasefire doubts lift yields; risk-off could boost gains despite weak fundamentals.
Russia’s central bank reserves fell to $767.5B, down from the prior $775.4B in latest data release
Written on April 10, 2026 at 1:59 am, by davin
Russia’s central bank reserves slipped to $767.5bn from $775.4bn, marking a $7.9bn decline overall.
BEA’s third estimate shows US real GDP grew 0.5% annualised in Q4 2025, below 0.7% forecasts
Written on April 10, 2026 at 1:59 am, by davin
US Q4 2025 GDP grew 0.5% annualized, revised down on weaker investment; dollar index steady near 99.00.
After dipping to 0.870, EUR/GBP may fall little more as sterling risks linger amid equity gains
Written on April 10, 2026 at 1:29 am, by davin
ING sees limited EUR/GBP downside; sticky euro rates and dovish UK repricing could lift pair toward 0.880.
BEA reports US annual PCE inflation remained at 2.8% in February, matching market expectations
Written on April 10, 2026 at 1:29 am, by davin
February PCE inflation held at 2.8% annually; core eased to 3%, spending rose, markets barely moved.
US Labor Department reported initial unemployment claims rose to 219,000, exceeding forecasts, for the week ending 4 April
Written on April 10, 2026 at 12:59 am, by davin
US jobless claims rose to 219K, above forecasts; four-week average ticked up, continuing claims declined. Dollar edged lower.
