Monthly Archives: April 2026
Amid unsettled markets, the euro gains modestly versus the pound, trading slightly above 0.8700
Written on April 10, 2026 at 10:04 am, by josephine
Euro nudges above 0.8700 versus Pound as Hormuz tensions lift inflation, boosting ECB hike expectations.
Global equities rise further, led by US markets, as cyclicals outperform while defensives and low-volatility lag
Written on April 10, 2026 at 10:01 am, by josephine
Global equities advanced, US led; cyclicals beat defensives as VIX eased, semiconductors outpaced software worldwide.
Levi Strauss posted fiscal 2026 Q1 results surpassing forecasts, with higher EPS, revenue and DTC sales up 16% year-on-year
Written on April 10, 2026 at 9:58 am, by josephine
Levi beats Q1 estimates as DTC and wholesale rise; boosts 2026 guidance; returns $214 million to shareholders.
Commerzbank’s Volkmar Baur sees markets refocusing on oil-driven US inflation, shaping the dollar and Fed path
Written on April 10, 2026 at 9:55 am, by josephine
FX focus shifts from Gulf tensions to higher oil-led US inflation impacts, influencing Fed decisions and strengthening dollar.
Amid softer hike expectations, silver extends gains, hovering near $76 per ounce in Asian trading hours
Written on April 10, 2026 at 9:52 am, by josephine
Silver holds near $76 as ceasefire cools oil inflation fears; softer dollar helps; CPI awaited amid tensions.
From February, Sweden’s annual industrial production value rose to 7%, up from 1.9% previously
Written on April 10, 2026 at 9:49 am, by josephine
Sweden’s industrial production value increased 7% year-on-year in February, accelerating from 1.9% previously, with no breakdown.
Ahead of CPI data, the US Dollar Index hovers near 99.00, ending a four-day decline
Written on April 10, 2026 at 9:39 am, by josephine
Dollar Index rebounds near 98.90 as markets await CPI; geopolitical tensions and Fed caution support risk-averse demand.
According to compiled data, gold prices in Saudi Arabia stayed broadly unchanged, remaining steady on Friday
Written on April 10, 2026 at 9:36 am, by josephine
Saudi gold prices stayed mostly flat Friday: 574.61 SAR/gram; tola dipped slightly; drivers include dollar, rates.
According to compiled data, gold prices in the Philippines remained largely unchanged, holding steady throughout trading
Written on April 10, 2026 at 9:34 am, by josephine
Philippine gold prices were steady Friday; FXStreet cites PHP 9,145.69/gram, with global factors influencing moves.
Data indicates gold prices in the United Arab Emirates stayed largely steady, showing little change recently
Written on April 10, 2026 at 9:31 am, by josephine
UAE gold prices held steady Friday: AED 562.31/gram and AED 6,558.62/tola, FXStreet reported.