Monthly Archives: April 2026
UBS Chief Economist Paul Donovan says central banks monitor Gulf impacts, prioritising second-round effects over swift policy changes
Written on April 17, 2026 at 11:52 pm, by josephine
Central banks watch Gulf spillovers and second-round effects, delaying policy shifts as Bailey and Lane temper tone.
US equities soared after an Israel–Lebanon ceasefire and Iran reopening the Strait of Hormuz to shipping
Written on April 17, 2026 at 11:49 pm, by josephine
US stocks surged as Israel–Lebanon truce began; Iran kept Hormuz open, oil plunged, investors eyed earnings, PPI ahead.
The S&P 500 continues an uneven B-wave rise, aiming for 7120, as earlier analysis anticipated April rebound timing
Written on April 17, 2026 at 11:22 pm, by josephine
SP500 hit new highs near 7120, following seasonal/Elliott-wave setup; terminal fifth wave signals possible reversal soon.
San Francisco Fed President Daly said rates may stay unchanged while she watches oil costs impacting wider prices
Written on April 17, 2026 at 11:19 pm, by josephine
San Francisco Fed’s Mary Daly says oil prices may affect inflation; Fed waits, with rate changes possible.
Sterling climbed near 1.3600 as Hormuz reopened after Lebanon ceasefire, weakening the US dollar during US trading session
Written on April 17, 2026 at 10:52 pm, by josephine
GBP/USD climbed as Iran reopened Hormuz and Lebanon ceasefire boosted sentiment, weakening the US Dollar.
Baker Hughes reports the US oil rig count fell slightly, from 411 rigs to 410 rigs
Written on April 17, 2026 at 10:49 pm, by josephine
Baker Hughes reported US oil rigs fell to 410 from 411, marking a weekly decrease of one.
GBP/USD climbs towards 1.3600 as Hormuz reopens after Lebanon ceasefire, weakening the US Dollar
Written on April 17, 2026 at 10:22 pm, by josephine
GBP/USD climbs near 1.3600 as Hormuz reopens, dollar softens on Fed-cut bets, sterling buoyed by BoE pricing.
Gold advances as Hormuz reopens, oil tumbles, easing inflation and boosting expectations of forthcoming Federal Reserve cuts
Written on April 17, 2026 at 10:19 pm, by josephine
Gold climbed as hopes of a US-Iran deal reopened Hormuz, sinking oil and boosting Fed cut bets.
USD/CAD slips to 1.3670 as the US Dollar weakens, Hormuz reopens; Canadian inflation data awaited
Written on April 17, 2026 at 9:51 pm, by josephine
USD/CAD slips to 1.3670 as USD weakens; Strait of Hormuz reopens, oil drops; Canada CPI awaited.
AUD/USD climbs near 0.7200 as Hormuz reopening calms oil fears, lifting risk appetite and weakening dollar
Written on April 17, 2026 at 9:49 pm, by josephine
AUD/USD neared 0.7200 as Hormuz de-escalation weakened the dollar; risk appetite rose, with bullish technicals.
