Monthly Archives: April 2026
Ireland’s consumer confidence fell in April, sliding to 53.3 from 56.7 previously, indicating weaker sentiment
Written on April 29, 2026 at 3:51 am, by josephine
Ireland’s consumer confidence fell to 53.3 in April, down 3.4 points from 56.7, yet above 50.
US API weekly crude oil stocks showed a smaller fall, improving from -4.4M to -1.79M
Written on April 29, 2026 at 3:23 am, by josephine
API data showed US weekly crude stocks fell 1.79 million barrels, smaller than the prior 4.4 million draw.
OCBC strategists say USD/IDR fell on dollar weakness, while rupiah softness stems from US–Iran tensions, energy risks
Written on April 29, 2026 at 3:21 am, by josephine
USD/IDR slipped on dollar pullback, improved risk sentiment; rupiah pressured by Iran tensions, elevated oil prices.
DBS economists Lam and Sharma say China’s first-quarter 2026 GDP hit 5.0% year-on-year, lifted by exports, domestic demand weak
Written on April 29, 2026 at 2:53 am, by josephine
China’s Q1 2026 GDP hit 5.0%, but Q2 nowcast sees 4.5% amid weak domestic demand.
TD Securities’ Bart Melek says oil-led inflation lifts real rates, increasing gold’s holding opportunity cost
Written on April 29, 2026 at 2:51 am, by josephine
Gold weakens as oil-driven inflation keeps real rates high, curbing demand; support near $4,258, recovery possible.
OCBC strategists see USD/SGD easing amid weaker dollar, expecting defensive, range-bound trading between 1.2670–1.2850
Written on April 29, 2026 at 2:23 am, by josephine
USD/SGD trades near 1.2745, range-bound; key resistance 1.2780–1.2850, support 1.2720–1.2670; Singapore data boosts SGD.
WTI crude trades near $98, rising 3.21%, as ongoing Hormuz closure heightens supply disruption, reaching April-high
Written on April 29, 2026 at 2:21 am, by josephine
WTI nears $98 as Hormuz Strait closure persists amid US-Iran talks stalemate, tightening supply; Brent may surge.
TD Securities expects Canada’s spring update to show a modestly improved 2026–27 deficit near CAD 60bn
Written on April 29, 2026 at 1:53 am, by josephine
TD Securities sees Canada’s deficit narrowing to CAD 60bn in 2026–27 on higher revenues, modest spending.
With interest rates staying higher, XAG/USD remains below moving averages, extending bearish losses over 2.5%
Written on April 29, 2026 at 1:51 am, by josephine
Silver drops 2.5% as higher yields, strong dollar, and oil-driven inflation risks pressure XAG/USD ahead Fed.
Standard Chartered strategists say labour-market slack and weak domestic demand should curb UK second-round inflation effects
Written on April 29, 2026 at 1:23 am, by josephine
UK labour slack and weak demand curb wage and pricing power, lowering second-round inflation risks post-energy shock.
