Monthly Archives: April 2026
UOB strategists foresee AUD/USD consolidating, following a dip to 0.7111, with prices near 0.7130 close
Written on April 24, 2026 at 12:53 pm, by josephine
AUD/USD slipped to 0.7111, recovered near 0.7130, and remains range-bound, with a longer-term downward bias.
Schlegel says the Swiss National Bank can freely adjust rates and has conducted foreign exchange interventions
Written on April 24, 2026 at 12:51 pm, by josephine
SNB Chairman Schlegel said policy rates and FX interventions remain unrestricted amid Middle East conflict risks.
German IFO Business Climate fell to 84.4 in April, undershooting forecasts, worsening faster than March’s reading
Written on April 24, 2026 at 12:23 pm, by josephine
Germany’s IFO Business Climate slipped to 84.4 in April, below forecasts, pressuring the euro mildly.
BNY’s Bob Savage says Q1 S&P 500 earnings remain strong; guidance mixed; semiconductors, AI, energy lead, defence lags
Written on April 24, 2026 at 12:21 pm, by josephine
S&P 500 earnings rise 15%; beats mostly modest. Guidance uneven, AI-led rally continues; oil volatility risks outlook.
April’s Germany IFO Expectations registered 83.3, falling short of the 85 forecast, according to latest readings
Written on April 24, 2026 at 11:51 am, by josephine
Germany’s IFO Expectations index fell to 83.3 in April, missing forecasts and signalling weaker business outlook.
Germany’s April IFO current assessment missed forecasts, registering 85.4 rather than the expected 86.2
Written on April 24, 2026 at 11:26 am, by josephine
Germany’s Ifo current assessment index fell to 85.4 in April, missing expectations and signalling weaker conditions.
Germany’s April IFO business climate undershot forecasts, recording 84.4 versus the expected 85.5
Written on April 24, 2026 at 11:24 am, by josephine
Germany’s Ifo business climate index fell to 84.4 in April, missing expectations and signaling weaker sentiment.
WTI crude hovers near $94, consolidating after a three-day surge amid fading US-Iran peace expectations
Written on April 24, 2026 at 11:21 am, by josephine
WTI near $94.45 after $97 peak; Middle East tensions lifted prices despite surprise U.S. stock build.
UOB strategists say GBP/USD may dip to 1.3440, with 1.3400 unlikely; momentum remains mildly negative
Written on April 24, 2026 at 10:53 am, by josephine
GBP/USD dipped to 1.3448, rebounded to 1.3467; bears may retest 1.3440 or 1.3400 soon.
Amid sturdy support, the S&P 500 appears poised to extend gains, with further upside likely
Written on April 24, 2026 at 10:51 am, by josephine
S&P 500 holds gains, stays bullish; upside possible if support holds and resistance breaks, despite uncertainty.
