Monthly Archives: April 2026
EIA reports US crude inventories fell 0.913 million barrels, undershooting forecasts for a 0.2 million rise
Written on April 15, 2026 at 10:19 pm, by josephine
EIA data showed crude stocks fell 0.913 million barrels, versus expectations for a 0.2 million increase.
Scotiabank’s strategists say the yen is mildly softer mid-range, trailing G10 peers as sentiment improves
Written on April 15, 2026 at 9:22 pm, by josephine
Japanese yen dips 0.1%, lags G10 peers; options hedge for strength ahead of Bank of Japan meeting.
USD/CHF hovers around 0.7820, near a month’s low, as easing US-Iran tensions and softer inflation pressure Dollar
Written on April 15, 2026 at 9:19 pm, by josephine
USD/CHF hovered near 0.7820 as dollar weakened on easing US-Iran tensions and soft inflation data.
MUFG’s Michael Wan says weaker US dollar aids Asian currencies, while export strength drives uneven regional gains
Written on April 15, 2026 at 8:51 pm, by josephine
Asian currencies gained as dollar weakened post-Iran conflict; MUFG favors CNY and MYR amid varied performances.
RBC’s Abbey Xu says Canadian card spending rose slightly in March, stabilising despite weak discretionary goods
Written on April 15, 2026 at 8:49 pm, by josephine
RBC says Canadian card spending rose modestly in March; higher petrol prices boosted essentials, discretionary goods remained weak.
In April, America’s NAHB housing market index registered 34, undershooting the anticipated 37 by three points
Written on April 15, 2026 at 8:22 pm, by josephine
NAHB Housing Market Index fell to 34 in April, missing expectations of 37, signaling weaker US homebuilder sentiment.
PBR trades near a thrice-tested trendline, suggesting mounting weakness, after rising from teens to about $22.25
Written on April 15, 2026 at 8:19 pm, by josephine
PBR’s uptrend faces pressure; confirmed closes below trendline signal breakdown risk, while $22.25 reclaim suggests upside.
EUR/GBP trades unevenly as investors monitor Middle East updates, cautiously optimistic about potential US-Iran negotiations success
Written on April 15, 2026 at 7:52 pm, by josephine
EUR/GBP steadied near 0.8694 as Middle East tensions, oil-linked inflation, and rate expectations supported Euro over Pound.
Michiel Tukker of ING expects no April hike, as oil volatility leaves markets pricing rises later
Written on April 15, 2026 at 7:49 pm, by josephine
ING’s Tukker doubts ECB April hike; oil volatility complicates outlook. Markets still see June rise, more.
Cleveland Fed President Beth Hammack told CNBC sustained elevated energy prices may lift inflation yet restrain growth
Written on April 15, 2026 at 7:21 pm, by josephine
Hammack says watch energy prices; Fed likely holds rates, inflation still above target, reserves and independence crucial.