Monthly Archives: April 2026
OCBC strategists say USD/IDR fell on dollar weakness, while rupiah softness stems from US–Iran tensions, energy risks
Written on April 29, 2026 at 10:53 am, by davin
USD/IDR slipped on dollar pullback, improved risk sentiment; rupiah pressured by Iran tensions, elevated oil prices.
DBS economists Lam and Sharma say China’s first-quarter 2026 GDP hit 5.0% year-on-year, lifted by exports, domestic demand weak
Written on April 29, 2026 at 10:24 am, by davin
China’s Q1 2026 GDP hit 5.0%, but Q2 nowcast sees 4.5% amid weak domestic demand.
TD Securities’ Bart Melek says oil-led inflation lifts real rates, increasing gold’s holding opportunity cost
Written on April 29, 2026 at 10:23 am, by davin
Gold weakens as oil-driven inflation keeps real rates high, curbing demand; support near $4,258, recovery possible.
OCBC strategists see USD/SGD easing amid weaker dollar, expecting defensive, range-bound trading between 1.2670–1.2850
Written on April 29, 2026 at 9:54 am, by davin
USD/SGD trades near 1.2745, range-bound; key resistance 1.2780–1.2850, support 1.2720–1.2670; Singapore data boosts SGD.
WTI crude trades near $98, rising 3.21%, as ongoing Hormuz closure heightens supply disruption, reaching April-high
Written on April 29, 2026 at 9:53 am, by davin
WTI nears $98 as Hormuz Strait closure persists amid US-Iran talks stalemate, tightening supply; Brent may surge.
TD Securities expects Canada’s spring update to show a modestly improved 2026–27 deficit near CAD 60bn
Written on April 29, 2026 at 9:24 am, by davin
TD Securities sees Canada’s deficit narrowing to CAD 60bn in 2026–27 on higher revenues, modest spending.
With interest rates staying higher, XAG/USD remains below moving averages, extending bearish losses over 2.5%
Written on April 29, 2026 at 9:23 am, by davin
Silver drops 2.5% as higher yields, strong dollar, and oil-driven inflation risks pressure XAG/USD ahead Fed.
Standard Chartered strategists say labour-market slack and weak domestic demand should curb UK second-round inflation effects
Written on April 29, 2026 at 8:53 am, by davin
UK labour slack and weak demand curb wage and pricing power, lowering second-round inflation risks post-energy shock.
Amid US-Iran tensions, risk-off flows strengthen the Dollar, pushing NZD/USD down near 0.5890 below 0.5900
Written on April 29, 2026 at 8:53 am, by davin
NZD/USD dips toward 0.5890 as safe-haven Dollar strengthens; Fed pause expected, RBNZ tightening limits downside.
US seven-year note auction yield was 4.175%, down from the previous 4.255% level
Written on April 29, 2026 at 8:23 am, by davin
U.S. 7-year Treasury auction yield fell to 4.175% from 4.255%, a 0.080-point drop overall.
