Monthly Archives: April 2026
In April, the US S&P Global Manufacturing PMI reached 54, beating forecasts of 52.5 without mention of significance
Written on April 24, 2026 at 3:20 am, by davin
S&P Global US Manufacturing PMI rose to 54 in April, beating 52.5 forecast, signaling continued expansion.
April saw the United States’ S&P Global Composite PMI rise to 52, up from 50.3 previously
Written on April 24, 2026 at 2:51 am, by davin
S&P Global US Composite PMI rose to 52.0 in April from 50.3, indicating faster private sector growth.
In April, the US S&P Global Services PMI reached 51.3, surpassing forecasts of 50
Written on April 24, 2026 at 2:51 am, by davin
S&P Global Services PMI rose to 51.3 in April, beating forecasts, signaling US services sector expansion.
In April, the Norwegian krone surged against the dollar and euro, helped by stronger equities, higher oil prices
Written on April 24, 2026 at 2:21 am, by davin
Norwegian krone climbed in April as oil rose; ING warns EUR/NOK downside ahead of Norges Bank hike.
Despite Pound weakness, Yen strengthens on intervention fears; GBP/JPY’s broader uptrend remains intact near 160.00
Written on April 24, 2026 at 2:21 am, by davin
GBP/JPY dips as Japan warns of FX intervention; oil-driven Yen weakness limits losses; bullish technicals persist.
As DAX approaches 23,000–23,250, weak PMIs heighten Europe’s stagflation fears, challenging soft-landing hopes
Written on April 24, 2026 at 1:51 am, by davin
Eurozone April flash PMI slipped into contraction; services weakened, costs surged, raising stagflation risk and ECB dilemma.
Rabobank’s Michael Every says US economic statecraft bolsters the dollar via Iraq shipment suspensions and new swaps
Written on April 24, 2026 at 1:51 am, by davin
US pauses Iraq dollar shipments, freezes military cooperation; allies seek swap lines as FX focus shifts.
Trump claims US controls the Strait of Hormuz, ordering lethal action against vessels laying mines there
Written on April 24, 2026 at 1:21 am, by davin
Trump: US Navy ordered to kill mine-laying boats; claims control of Hormuz, demands Iran deal.
Despite stronger US Dollar, Canadian Dollar stays firm, with buoyant risk appetite and record S&P 500 supporting it
Written on April 24, 2026 at 1:21 am, by davin
Canadian Dollar held steady despite stronger USD, supported by risk sentiment; USD/CAD rose slightly but bearish.
After earnings, ServiceNow shares drop 10% early; EPS matches $0.97; revenue reaches $3.77bn, beating expectations
Written on April 24, 2026 at 12:51 am, by davin
ServiceNow slid 10% after earnings; guidance warned of margin pressure. Analysts await $71–$68 support zone.
