Monthly Archives: April 2026
Rabobank’s Jane Foley says robust New Zealand CPI and hawkish RBNZ rhetoric boost NZD/USD, amplifying tightening expectations
Written on April 23, 2026 at 8:53 pm, by josephine
New Zealand Q1 CPI hits 3.1%; hawkish RBNZ supports NZD, but markets may overprice hikes.
Nomura analysts warn Eurozone PMI data show slowing activity alongside rising prices, increasing stagflation risks for April
Written on April 23, 2026 at 8:51 pm, by josephine
April euro area PMI signals weaker activity, rising prices; services slump, manufacturing steadier, raising stagflation concerns.
In April, the US flash S&P Global Composite PMI rose to 52, up from March’s 50.3
Written on April 23, 2026 at 7:53 pm, by josephine
April flash US Composite PMI rose to 52; manufacturing and services improved, indicating slightly stronger business activity.
In April, the US S&P Global Manufacturing PMI reached 54, beating forecasts of 52.5 without mention of significance
Written on April 23, 2026 at 7:51 pm, by josephine
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 23, 2026 at 7:23 pm, by josephine
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 23, 2026 at 7:19 pm, by josephine
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 23, 2026 at 6:53 pm, by josephine
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 23, 2026 at 6:49 pm, by josephine
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 23, 2026 at 6:22 pm, by josephine
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 23, 2026 at 6:19 pm, by josephine
US pauses Iraq dollar shipments, freezes military cooperation; allies seek swap lines as FX focus shifts.
