Monthly Archives: April 2026
GBP gains versus JPY for sixth session, as higher oil weakens yen; cross trades near 214.87 high
Written on April 13, 2026 at 10:24 pm, by josephine
GBP/JPY hit 214.87 as yen weakened on high oil, Middle East tensions, BoJ caution, UK inflation risks.
Following Trump’s Iranian port blockade announcement, the dollar steadies, retreating from Asian peaks amid wider bearishness
Written on April 13, 2026 at 10:22 pm, by josephine
Dollar strengthens after Trump announces Iranian port blockade, as oil rises and markets await scope details.
OCBC strategists warn NZD gains from hawkish RBNZ talk may fade amid weak growth outlook
Written on April 13, 2026 at 10:19 pm, by josephine
NZD rises on RBNZ hawkishness; markets price near three hikes, but OCBC sees delayed tightening, oil risks.
Standard Chartered’s Bader Al Sarraf says Hormuz disruption cut Gulf exports, sidelining output, worsening inflation fears
Written on April 13, 2026 at 9:22 pm, by josephine
Hormuz closure slashed Gulf exports 43%, idling 11mb/d; prices surged as markets price inflation shock.
Amid Middle East conflict, speculators rebuild long dollar positions, favouring it as preferred safe-haven currency, says Foley
Written on April 13, 2026 at 9:19 pm, by josephine
CFTC data show speculators rebuilding long USD positions, boosted by Middle East conflict, despite de-dollarisation pressures.
Societe Generale economists say Eurozone activity weakened in Q1; German industry lagged, with Germany forecast 0.1% QoQ growth
Written on April 13, 2026 at 8:52 pm, by josephine
Euro area Q1 activity disappointed; German industry weak. Oil shock smaller than 2022; wages may rise earlier.
Deutsche Bank says ECB held March rates, expects two 25bp hikes, with markets pricing neutral 2% deposit rate
Written on April 13, 2026 at 8:49 pm, by josephine
ECB holds rates at 2.0%; Deutsche Bank sees two hikes, markets imply third amid weak growth outlook.
INGING economists Virovacz and Taborsky say Tisza’s supermajority eases policy fears, boosting EU ties optimism
Written on April 13, 2026 at 8:22 pm, by josephine
Hungary’s Tisza supermajority eases uncertainty, but EU funds may lag; budget revisions could strain fiscal metrics.
March US existing home sales undershot forecasts, recording 3.98M versus the expected 4.06M estimate
Written on April 13, 2026 at 8:19 pm, by josephine
March US existing home sales missed forecasts: 3.98 million versus 4.06 million expected, signaling weaker market activity.
US existing home sales fell 3.6% month-on-month, reversing a previous 1.7% increase in March
Written on April 13, 2026 at 7:52 pm, by josephine
US existing home sales fell 3.6% in March, reversing February’s 1.7% rise, signalling renewed market weakness.
