Monthly Archives: April 2026
GBP rises for a third session, with improved risk appetite and US-Iran ceasefire weakening the US Dollar broadly
Written on April 9, 2026 at 6:00 am, by davin
GBP rose over 1.10% as dollar weakened on risk-on sentiment after US–Iran truce; GBP/USD hit five-week high.
NASDAQ 100 jumped 3.5% after Trump agreed a fortnight Iran ceasefire, yet traders took profits afterwards
Written on April 9, 2026 at 5:59 am, by davin
NASDAQ 100 surged 3.5% after Trump-Iran ceasefire; oil plunged, gains trimmed, index nears resistance levels.
Despite a U.S.–Iran ceasefire and Hormuz reopening, Brent remains near $95, still above pre-war levels
Written on April 9, 2026 at 5:29 am, by davin
Brent drops $15 on U.S.–Iran ceasefire, Hormuz reopens; damage, tight gas markets keep prices elevated.
Fars News Agency says oil tankers in the Strait of Hormuz stopped after Israel violated ceasefire arrangements
Written on April 9, 2026 at 5:29 am, by davin
Iran says Strait of Hormuz tankers stopped; warns ceasefire withdrawal if Lebanon attacked; dollar index rebounds slightly.
BNP Paribas analysts say softer Eurozone demand helps restrain inflation, despite supply constraints remaining above past norms
Written on April 9, 2026 at 4:59 am, by davin
Eurozone demand weakness contains inflation as supply constraints ease, helping reach ECB target; energy shocks risk core rises.
Bob Savage says the RBI kept rates at 5.25% and stayed neutral, amid West Asia conflict uncertainty
Written on April 9, 2026 at 4:59 am, by davin
RBI holds policy rate at 5.25%, stays neutral, cites West Asia conflict risks to inflation, growth.
Scotiabank’s strategists report the pound outperforming G10 peers, rising 1.1%, with GBP/USD targeting 1.35 amid sentiment buying
Written on April 9, 2026 at 4:29 am, by davin
Sterling gained 1.1% versus dollar, topping G10 as GBP/USD broke 200-day MA; traders eye 1.35 soon.
US EIA reports crude oil inventories rose 3.081M, exceeding forecasts of 0.7M in early April
Written on April 9, 2026 at 4:29 am, by davin
US EIA data on April 3 showed crude oil inventories rose 3.081M, beating expectations of a 0.7M increase.
MUFG’s Derek Halpenny says a two-week ceasefire weakened the US dollar, boosting risk appetite, lowering Brent oil
Written on April 9, 2026 at 4:00 am, by davin
Ceasefire boosts risk appetite, sinks oil, and pressures dollar; MUFG sees SEK/NZD gain, NOK/GBP lag.
Wells Fargo economists warn Iran tensions and rising oil prices are reigniting consumer inflation, disrupting disinflation progress
Written on April 9, 2026 at 3:59 am, by davin
Wells Fargo warns Iran conflict, higher oil prices may revive US inflation, lifting PCE to 3.7% Q2.
