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Monthly Archives: April 2026

The US ISM services employment index fell to 45.2 in March, from 51.8 previously, sharply contracting

Written on April 6, 2026 at 10:18 pm, by

US ISM Services Employment Index dropped to 45.2 in March from 51.8, signaling contraction below 50.

OCBC strategists say de-escalation hopes seem premature, keeping Brent’s risk premium elevated amid US–Iran conflict

Written on April 6, 2026 at 10:17 pm, by

US–Iran conflict enters sixth week; de-escalation unclear. Brent retreats; Hormuz restrictions possible as Trump issues reopening deadline.

The US ISM services employment index fell to 45.2 in March, from 51.8 previously

Written on April 6, 2026 at 10:17 pm, by

US ISM Services Employment Index fell to 45.2 in March from 51.8, signaling contraction.

OCBC strategists say Brent’s risk premium stays high, as hopes for US–Iran easing appear premature

Written on April 6, 2026 at 10:16 pm, by

US–Iran tensions persist; Brent retreats from USD119 as Hormuz traffic management talks ease shutdown fears. Trump escalates threats.

MUFG’s Lloyd Chan says Hormuz disruption could lift inflation, dent growth, and pressure KRW, PHP, THB

Written on April 6, 2026 at 10:16 pm, by

Asia’s energy shock risk rises from Hormuz disruption, pressuring KRW, PHP, THB; CNY resilient, MYR supported.

Amid US-Iran peace talks, EUR/GBP stays bearish, under 0.8750, buoyed by converging SMAs, Pound stronger

Written on April 6, 2026 at 9:22 pm, by

EUR/GBP dipped as ceasefire talks lifted risk mood; Pound outperformed, while technicals remained mildly bullish.

MUFG’s Lloyd Chan warns Strait of Hormuz disruptions could drive inflation, hurt growth, weakening KRW, PHP, THB

Written on April 6, 2026 at 9:21 pm, by

Asia risks inflation and weaker growth from Hormuz disruptions; KRW, PHP, THB vulnerable, CNY insulated, MYR supported.

Diplomacy easing the US-Iran war boosts risk sentiment, leaving Sterling stronger as EUR/GBP stays below 0.8750

Written on April 6, 2026 at 9:21 pm, by

EUR/GBP dipped as ceasefire diplomacy boosted risk appetite; Pound outperformed, while technicals highlighted key support/resistance.

TD Securities expects US ISM Services to ease in March, Iran tensions depressing sentiment; employment contracts again

Written on April 6, 2026 at 9:20 pm, by

TD Securities sees March ISM Services slipping to 54.2, pressured by Iran uncertainty and softer components.

Commerzbank says March inflation eased to 3.5%, yet BI stays wary amid rupiah weakness, rising risks

Written on April 6, 2026 at 9:19 pm, by

Indonesia inflation slowed to 3.5%, within target; BI likely holds 4.75% amid rupiah volatility and risks.

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