Monthly Archives: April 2026
Bessent urges the Fed to delay rate cuts, expecting US core inflation to keep easing, despite Iran war
Written on April 14, 2026 at 10:19 pm, by josephine
Bessent confident core inflation will fall; urges Fed rate cuts, backs Warsh, notes tariffs unchanged, seeks housing bill.
Sterling climbs near 1.3590 as improved US-Iran hopes and weaker PPI dampen dollar demand
Written on April 14, 2026 at 9:52 pm, by josephine
GBP/USD rises to 1.3590 as risk sentiment improves and weaker Dollar follows softer-than-expected inflation data.
The US 52-week bill auction yield rose to 3.56%, increasing from the previous 3.485%
Written on April 14, 2026 at 9:49 pm, by josephine
U.S. auctioned 52-week Treasury bills, with the high rate rising to 3.56% from 3.485% previously.
Silver climbs to about $79 as softer US inflation weakens the Dollar, lifting buying demand further
Written on April 14, 2026 at 9:22 pm, by josephine
Silver rallied to $78.80 as weaker dollar, soft inflation, and easing US-Iran tensions boosted demand.
Sterling rises 0.3% against dollar, buoyed by UK gilt demand; light data, BoE comments may sway
Written on April 14, 2026 at 9:19 pm, by josephine
Sterling gained 0.3% to above 1.35; strong UK debt demand and BoE comments supported bullish GBP/USD.
Reuters said BoE MPC member Megan Greene noted weak UK activity, while Iran war pressures inflation upward
Written on April 14, 2026 at 8:51 pm, by josephine
BoE’s Megan Greene says UK activity was weak pre-Iran war; warns war-driven inflation and second-round risks.
Gold edges up as a softer dollar eases, while optimism about US-Iran talks limits further gains
Written on April 14, 2026 at 8:49 pm, by josephine
Gold rose as the dollar weakened on renewed US-Iran talks hopes, remaining within a two-week range.
Hassett says reopening the Strait of Hormuz should swiftly lower energy prices, strengthening prospects for Fed cuts
Written on April 14, 2026 at 8:26 pm, by josephine
White House adviser Kevin Hassett says energy prices will drop as Hormuz reopens; expects solid Fed rate-cut room.
Goolsbee said inflation will reach 2%, while prolonged Middle East tensions could delay cuts until 2026
Written on April 14, 2026 at 8:24 pm, by josephine
Chicago Fed’s Goolsbee warns Middle East tensions could delay rate cuts to 2026 if inflation persists.
EUR/USD hovers near 1.1800 as the dollar weakens on Iran-deal optimism and softer PPI readings
Written on April 14, 2026 at 8:22 pm, by josephine
EUR/USD extends seven-day rally near 1.1800 as weaker dollar, softer PPI and easing safe-haven demand boost.
